PYMNTS

AUGUST 30, 2019

California-based ReadMe has raised $9 million in Series A funding for its technology enabling business users to customize API documentation. California’s Tesorio , a FinTech startup enabling business users to automate and predict cash flow, announced $10 million in fresh funding, led by Madrona Venture Group. Credijusto.

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Capital California Groups Industry 100

PYMNTS

SEPTEMBER 18, 2019

Such solutions help construction firms resolve balances while providing their business partners with crucial access to working capital. This is why some construction firms — such as Redwood City, California-based DPR Construction , which has two dozen offices in the U.S. Virtual cards move payments quickly,” Phoenix said. “We

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PYMNTS

JULY 13, 2020

Sharma now joins the other two co-founders, Robert Farkas and Raymond Trapani, in admitting that they duped investors into funding the Centra Card, which was purported to allow users to purchase items with digital currencies anywhere that accepted Visa and Mastercard. They falsely claimed to have a Harvard-educated CEO backing them.

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PYMNTS

DECEMBER 16, 2020

Plus, Barclaycard is launching a Barclaycard Precisionpay Go system to let companies issue virtual cards for the online business expenses for employees. . to go live with a Bitcoin Rewards debit card,” according to an announcement. Aeldra, the California challenger bank, has selected i2c Inc. Aeldra’s U.S.

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PYMNTS

OCTOBER 13, 2019

Vélez said that 10 million out of the 15 million clients are holders of the bank’s credit card. “We Nubank offers a no-fee credit card funded in part by China’s Tencent. The FinTech has expanded beyond fee-free credit cards and now offers bank accounts and associated services for both businesses and individuals.

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Fintech America Digital Banking Cards 150

PYMNTS

AUGUST 11, 2020

Other investors included Menlo Park, California-based TCV and Index Ventures , the global venture capital firm with dual headquarters in San Francisco and London, along with half a dozen others. Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad.

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San Francisco Fintech Digital Banking California 239

PYMNTS

JULY 24, 2020

In February, Revolut raised $500 million in a round led by Menlo Park, California-based TCV, one of the largest growth equity firms. Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others. It boasts more than 12 million customers.

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San Francisco Fintech cryptocurrency New York 255

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

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PYMNTS

APRIL 10, 2020

Beyond Tempe, Starship brought on a grocery delivery service in the nation’s capital last month and grew to Irvine, California. Students can use the company’s app around the clock for deliveries and can also use a meal card if the products they are ordering are covered in the plan.

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Arizona Technology California Community 267

PYMNTS

FEBRUARY 1, 2021

Attorney’s Office of the Central District of California stated. In other news, Hashmasks , a new non-fungible token product, has raised over $10 million from the sale of more than 15,300 collectible cards, according to a report from Cointelegraph. The owner of Hashmasks No. 11, Cointelegraph reported. 1), the release stated.

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Bitcoin Operations California Capital 169

PYMNTS

MARCH 21, 2019

Marqeta, which is California-based and also works with payment cards for brands, is expected to close the round in a few weeks, although the numbers could potentially change. Marqeta has a bevy of products to offer, including virtual cards, real-time fund transfers and voice services for customers. billion, according to reports.

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PYMNTS

JUNE 29, 2020

The Palo Alto, California startup said the no-fee account is the company’s latest move to build a next-generation banking service that is branchless, automated and optimizes every dollar. A debit card can now be added to the Wealthfront Cash Account to make purchases and get cash from a nationwide network of fee-free ATMs.

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Fintech California New York ATM 151

PYMNTS

JUNE 26, 2019

raised in venture capital. The self-driving startup had recently filed a notice in California about plans to close the business and lay off its workers, which numbered around 90. Apple is also testing Lexus SUVs with autonomous tech in California, but the cars have a driver behind the wheel. .

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Apple Arlington California Texas 100

PYMNTS

JUNE 4, 2018

Chief Executive Officer Nikolay Storonsky said the startup could apply for a license in California by the end of 2018, Reuters reported. As of now, the company has five employees in New York and plans to open an office in California. Revolut said the new capital would go to expand around the globe, starting with the U.S.,

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PYMNTS

JANUARY 25, 2019

Finch Capital recently invested an undisclosed sum into Indonesia’s Jojonomic, a company that provides expense management and business management technology. India’s M1Xchange has secured an undisclosed amount of Series A funding from Mayfield India and SIDBI Venture Capital, reports in Inc42 said this week.

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PYMNTS

OCTOBER 26, 2018

This week, however, venture capital rounds were all about the small- and medium-sized business (SMBs), and how to address their biggest financial management pain points. raised venture capital for their SMB-facing tools, including global payments, accounting and banking. Businesses across Asia, South Africa, the U.K.

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Fintech Capital Tools Management 192

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. based Steadview Capital, adding to the previous Series A round announced in April.

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PYMNTS

MAY 21, 2018

We’ve got 17 months’ worth of cash without further raises of capital,” the executive said. Credit Card’s Profit Squeeze. Credit card companies, faced with an increase in costs associated with rewards and rising loan losses, have seen their profitability dip of late. People are going to go, ‘Hmm how did they pull it off?’”

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Seattle Taxes Cards Data 100

PYMNTS

JULY 13, 2016

However, some retailers prefer to play cards of the kind as close to the corporate chest as possible. That does little to stop events already in motion from coming into the light of day eventually, and as Hong Kong’s California Fitness chain of gyms is finding out, it does even less to quell public outrage when it happens.

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CB Insights

AUGUST 16, 2021

The round drew participation from Black River Ventures, Ventura Capital, and Koch Disruptive Technologies. California-based Upgrade focuses on providing consumers with affordable and ethical credit. Since its inception in 2017, Upgrade has provided mainstream customers with over $7B in credit through cards and loans.

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Lending Online Bitcoin California 68

PYMNTS

OCTOBER 28, 2016

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. What about gift cards? Research says millennials love gift cards , so that may be a way to create a budding bitcoin trend.

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Bitcoin ATM Cards Los Angeles 100

PYMNTS

JULY 27, 2020

Processing costs for Sezzle will also be lowered with the partnership, through facilitating user payments via ACH rather than using card networks. Sezzle’s most recent capital round happened this month, PYMNTS reported. Sezzle Executive Chairman and CEO Charlie Youakim praised the partnership.

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Payments California Fintech Tools 159

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

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Security Capital Analytics Software 189

PYMNTS

OCTOBER 25, 2018

10, as a spokesperson for the Cupertino, California iPhone maker confirmed to the media outlet. According to sources within the real estate industry, Apple is considering Jakarta (the capital of Indonesia) and Vietnam as the areas for the next store launches in Southeast Asia. The Apple Store in Thailand is slated to open on Nov.

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Apple Regional California Cards 129

PYMNTS

OCTOBER 12, 2018

But that changed when he went to try and get a corporate card for his firm and found that it was a bigger-than-intended hassle. Cards were hard to access, and he would have to put up a large personal guarantee to be issued one. Getting another card for Brex Co-founder Pedro Franceschi, he found, was actually a complicated hassle.

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Cards California Maine Capital 144

PYMNTS

JULY 28, 2019

The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV , making it the first major Latin American investment by the Menlo Park, California fund. . Previous contributors also participated in the funding round, including Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital and Thrive Capital.

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America Capital California Fintech 134

PYMNTS

JUNE 14, 2019

Commercial card startup Brex captured headlines this week when it confirmed a significant funding round that propelled the two-year-old startup’s valuation to $2.6 Funderbeam operates a blockchain-powered funding and trading platform for the private sector in an effort to address the small business venture and capital gap.

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Fintech Capital Management California 129

PYMNTS

SEPTEMBER 2, 2019

It is time to do something more impactful,” said Robert Chapman, founder of California investment firm Chapman Capital LLC, which now holds 1.5 The partnership gives Prodege card-linked offer content for local restaurants and other merchants. percent of Groupon stock.

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California Cards Strategy Capital 116

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. California’s Kenna Security announced $25 million in Series C funding this week for its predictive cyber-risk solution. Cybersecurity.

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PYMNTS

JUNE 6, 2018

Revolut Chief Executive Officer Nikolay Storonsky said the startup could apply for a license in California by the end of 2018, Reuters reported. As of now, the company has five employees in New York and plans to open an office in California. Revolut said the new capital would go to expansion around the globe. this summer.

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PYMNTS

JUNE 22, 2018

Alternative finance apparently won’t stop catching the attention of investors — at least, not any time soon, if this week’s B2B venture capital roundup is any sign. Drip Capital. Working in the human capital market, IndiQube provides startups and professionals with shared workspaces, with a focus on SMBs.

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PYMNTS

JULY 27, 2020

The investor was TSG Capital Partners, according to TechCrunch. In February, Menlo, California-based TCV led a $500 million round. Revolut was launched in 2015 by issuing prepaid debit cards that let customers conduct transactions in multiple currencies without incurring additional fees.

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United States Leadership Risk Management California 140

South State Correspondent

OCTOBER 26, 2023

The catalyst was likely a panel led by the CEO of Taktile (AI Underwriting), a Partner from Bain Capital, a partner for Andreessen Horowitz, the chief data scientist from Branch International (digital banking fintech for India and Africa), and a tech correspondent for CNBC. You have never heard so many intelligent people sound not so smart.

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Conference Las Vegas Fraud Case Study 221

PYMNTS

AUGUST 9, 2018

CEO Nikolay Storonsky said the startup could apply for a license in California by the end of 2018, Reuters reported. As of now, the company has five employees in New York and plans to open an office in California. However, through a banking partner, Revolut plans to roll out services in the U.S. this summer.

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New York California United States Fintech 100

PYMNTS

JULY 20, 2018

Business intelligence is a common theme in this week’s B2B venture capital (VC) roundup, with many startups deploying artificial intelligence (AI) and sophisticated data analytics technologies for their business customers. Investors placed more than $136.5 The rundown of the latest funding rounds is below. Fattmerchant.

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PYMNTS

MAY 31, 2019

But the larger, later-stage investment rounds focused on enterprise cybersecurity and talent recruitment — plus, rumors of upcoming funding could propel a commercial card startup to a $2 billion valuation. million from MVP Capital Partners, while ValueStream Ventures and Laconia Capital Group also participated in the venture capital round.

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PYMNTS

MAY 11, 2018

With more than $175 million raised for B2B startups this week, the undoubted winner was a California-based artificial intelligence data analytics company – a sign, the firm noted, of the enterprise’s increasing reliance on AI. based Divvy announced $10.5 Divvy noted it would use the investment to focus on growth. ThoughtSpot.

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