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Employee Or Contractor? California Freight Enters The Worker Classification Debate

PYMNTS

It’s a debate with significant implications for lawmakers in areas like minimum wage and tax policy. Labor Department classified these gig workers not as employees, but as contractors, in a case that enabled an unnamed company hiring these gig workers to not have to pay federal minimum wage, overtime or Social Security taxes.

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Small Biz FinTech Leads Week’s B2B Funding Roundup

PYMNTS

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. The Series C investment will help the California company focus on growth and product innovation to fuel development of its enterprise data warehousing solution.

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Brex Propels B2B FinTech Into Investors’ Spotlights

PYMNTS

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. Reports said the firm is currently expanding its team, though exact details on how Edgewise plans to use the capital were not revealed.

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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Home Bank of California. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. pre-tax ROA: 2.68%. Less than $300 million.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

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. Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts. Cybersecurity. Back-Office.

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B2B Payments Sizzle As Checks Face A Looming Fizzle

PYMNTS

In addition, the ripple effect is palpable — reducing costs means time and money is freed up for companies to innovate elsewhere. IPO Tax Windfall: Amid dizzying IPOs — they’re up and they’re down! the state of California will get billions. According to The Wall Street Journal , state tax coffers will swell by $13.8

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Tech Center: Orlando Dips Its Toes Into Tech Startup Water

PYMNTS

When thinking about Orlando’s tech industry, some say the city’s access to capital, accelerator programs and tech clusters are what sets it apart. Neil Dufva, CEO of Crunchy Logistics , a tech design company that specializes in innovative customer connections, told PYMNTS that Orlando is on its way to tech superstar status.

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