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VCs Act On Cannabis’ FinTech Opportunities

PYMNTS

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. The investors followed a Series C investment round closed by Veritas earlier this year, which was led by CDC, Pai and Lok Capital.

Fintech 188
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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

B2B FinTechs in the U.S. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. and India seem to be an unshakable force these days.

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon.

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Small Business InsurTech Finds The Next Unicorn

PYMNTS

After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. Led by Swisscom Ventures and Edenred Capital Partners, the funding saw participation from existing backers Lakestar and Notion Capital as well, while Columbia Lake Partners also provided funds.

Capital 169
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Airbnb’s Business Travel Investment Leads B2B Funding For The Week

PYMNTS

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.

Capital 174
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WAYV Lands Seed Funding For Cannabis B2B Procurement Platform

PYMNTS

With cannabis legalization expanding around the globe, marijuana-targeting FinTech startups are a growing breed, too. The latest to secure venture capital is WAYV , a procurement platform designed for the legal cannabis industry. “The WAYV marketplace provides this critical bridge.”

Retail 122
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B2B eCommerce Tips The VC Scales

PYMNTS

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.

Capital 128