INDUSTRY INSIGHTS YOUR PEERS ARE READING
In reference to the latter business, in the third quarter of 2018 Square Capital facilitated over 62,000 business loans totaling $405 million, up 34 percent year over year, revealed the company. MORE
Xero , the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process. With direct, secure integration through Capital One’s new application programming interface (API), small businesses will be able to connect their Capital One financial data to their Xero cloud-accounting solution through a fully digital process. MORE
Capital One has reportedly inked a deal to acquire Paribus, a price tracking service, as the credit card company makes another acquisition in the FinTech space. While the terms of the deal were not disclosed, the report noted the acquisition includes bringing the team of Paribus and its technology under the Capital One umbrella. Card at Capital One, said in the report. Partnerships / Acquisitions Capital One FinTech online shopping Paribus What's Hot MORE
A federal appeals court has revived a proposed class-action lawsuit accusing Capital One Financial Corp. We’re pleased with the outcome,” said Matthew Wessler, a lawyer for the plaintiff Tawanna Roberts, a Capital One customer in New York City. Capital One illegally extracted overdraft fees for purchases that were made when consumers had enough funds in their accounts.”. Capital One did not respond to a request for comment. MORE
A new report from Harvard Business Review Analytic Services and Capital One surveyed businesses with revenues between $25 million and $2 billion to explore how they’re embracing electronic B2B payments — and what’s holding them back from making progress. MORE
This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. million , news reports this week said, from Grotech Ventures, Middleland Capital, the Center for Innovative Technology and Charlottesville Angel Network. MORE
Earlier this year, Capital One and Amazon teamed up to put the Capital One “skill” on the Amazon Echo—as of now, Capital One customers who have the Echo or Echo Dot (anything with Alexa) can access their bank accounts using their voice. MORE
Capital Cards Mobile Payments Technology cards earnings JP Morgan Square venture capital MORE
So it should be of interest to those in the payments/loyalty space to hear that this week Wikibuy, a 4 year old coupon code start up similar to Honey was acquired by American bank Capital One. MORE
To enhance liquidity, ATM servicer and software provider Diebold Nixdorf has secured a $650 million capital commitment from two institutional lenders and started a process to amend its existing credit agreement. Business business financing Capital Commitment Credit Agreement Diebold Nixdorf News What's Hot MORE
Today, however, Andrew Mallinger, chief operating officer of merchant cash advance platform PIRS Capital , said that entrepreneurs are looking at the MCA in a new light. Small businesses’ use of alternative finance platforms is slowly on the rise. MORE
24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. The Commission temporarily suspended trading in the securities of BITCF because of concerns regarding the accuracy and adequacy of publicly available information about the company including, among other things, the value of BITCF’s assets and its capital structure,” the SEC wrote in the news release. . The Securities Exchange Commission (SEC) announced Thursday (Aug. MORE
India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 According to Capital Float cofounder Sashank Rishyasringa, the deal brings the total raised for Capital Float in 2016–2017 to $9.2 The company has secured significant venture capital, too. Last year the firm revealed it closed a $25 million Series B funding round led by Capital Management with participation from SAIF Partners, Sequoia Capital and Aspada Ventures. MORE
Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes. Reports said Square Capital facilitated 50,000 business loans in the first quarter of this year — a 35 percent year-over-year increase. B2B Payments Amazon Apple Pay B2B eBay News SMB finance SMB lending Square Capital What's Hot In B2B MORE
The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. Intel Capital led its latest funding, while existing backer Formation 8 also took part, bringing the total raised by the company to $27 million. B2B Payments B2B big data Blockchain investments logistics News startups Venture Capital MORE
Invoice factoring company Interstate Capital is focusing on speed with its latest enhancements. The firm said this week it is offering an expedited factoring process to accelerate the time it takes for businesses to access capital when they’re waiting for their invoices to be paid. While Interstate Capital highlighted SMBs’ need for such a solution, the company also noted that companies of all sizes may benefit from a factoring tool. MORE
5) said Tata Capital and Capital Float are teaming up, a deal in which Tata Capital will provide working capital loans to SMBs borrowing through Capital Float’s platform. SMEs are integral to the fabric of our economy, contributing around 38 percent of our country’s national GDP,” said Tata Capital Chief Operating Officer, Commercial Finance, Sarosh Amaria in a statement. Earlier this year, Capital Float raised $45 million in Series C funding. MORE
Capital Compliance Cryptocurrency Exclusive Operations Startups Bitcoin BlockChain Blockchain + Digital Currencies cryptocurrency Deloitte digital currency ICOs KYC Waves Platform MORE
UPS Capital is ramping up its focus on small business finance. 16) that it is expanding its UPS Capital Cargo Finance solution, which provides small- and medium-sized businesses with credit lines to finance goods as they are shipped. UPS Capital is increasing the amount an SMB can borrow from 70 percent of a supplier’s invoice to 100 percent, the company noted. UPS Capital can provide up to $1.5 The company, a subsidiary of UPS, announced on Tuesday (Jan. MORE
Mercado Libre Inc, the Argentina online marketplace, is gearing up to offer working-capital loans to entrepreneurs in Brazil and Mexico during 2017, reported Reuters. He wouldn’t say how much interest the company would charge on the working-capital loans. . The report noted sellers won’t be required to sign documents or provide financial information to receive the working-capital loans, dubbed “Mercado Credito.” MORE
In fact, according to the Wall Street Journal , capital spending on the part of companies has been slowing, with investments on the part of businesses growing at just 0.8 Economy businesses capital spending Consumer Spending economy News tax cut U.S MORE
and Tata Capital has rolled out a new lending platform in India. In other news, India’s Tata Capital has rolled out an online working capital platform for its customers, the company said. Tata Capital’s platform is developed in partnership with U.S. On another note, the Capital Market Authority (CMA) in Saudi Arabia has granted two experimental FinTech licenses to Scopeer and Manafa Capital, Cryptovest reported. MORE
M&A Customer service Customer experience Fintech Capital One Capital One BankThe Wikibuy purchase follows acquisitions of a personal financial management provider and a firm that helps digital shoppers get price adjustments. MORE
Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 Investments Investment News Pershing Square Capital Management Retail same store sales starbucks What's Hot MORE
23) that would “mirror” rules in place governing US banks and would serve to “ring fence” foreign bank capital, the Financial Times reported. Those provisions, said the site, would, if codified, mandate that banks would have to bolster capital positions, with liquidity enhanced as well, tied to their EU operations. The Financial Times reported that EU officials have maintained the proposed bank capital rules are not the result of the surprise Brexit vote seen earlier this year. MORE
UPS Capital, the financing arm of UPS, has a new president. The company named Mark Robinson as the new president of UPS Capital on Tuesday (Sept. UPS Capital plays a very strategic role for UPS and our customers, providing unique solutions not typically found with other logistics, insurance and financial providers,” said UPS Capital Chief Sales and Solutions Officer Kate Gutmann in a statement. MORE
The division of the company responsible for providing loans to small businesses and Square sellers across its global network, Square Capital, processed more than 400,000 business loans for the quarter, for a total of $251 million. The lending business appears to be treating Square well. MORE
First PayPal and now Capital One have noted the significance of their partnerships with the retailer in recent earnings calls. Just yesterday, in Capital One’s 3Q18 earnings call, Richard Fairbank, CEO and chairman, mentioned that Capital One will be the exclusive issuer of Walmart […]. MORE
It is cloud computing, cryptography, public key encryption and peer-to-peer networking protocols that are the critical “cooking ingredients” for recipes that can solve costly and basic problems in Capital markets, like provenance, authentication and reconciliation. MORE
PayPal Working Capital will launch in Germany as PayPal Businesskredit, offering small and medium-sized businesses access to working capital financing that is deposited directly into their PayPal accounts. MORE
PayPal has released new data regarding the volume of financing placed with small business borrowers via the PayPal Working Capital solution. Reports in IBS Intelligence on Wednesday (May 9) said PayPal Working Capital has provided U.K. Launched in 2014, PayPal Working Capital has provided $5 billion in small business loans around the world, the company noted. We launched PayPal Working Capital in the U.K. MORE
B2B startups saw a little bit of everything this week when it came to venture capital. million funding round over the weekend, with the corporate expense management company seeing funding from Sabadell Venture Capital, Venturecap, Bankinter, Telegraph Hill Capital and Kibo Ventures. Reports said the funding was led by Fenbushi Capital and saw participation from both U.S.- Bpifrance led the round, while Daher Capital also contributed to the funding, reports said. MORE
Capital Exclusive Mobile Online Payments Startups capital challenger banks funding London fintech Mobile banking online banking revolut Unicornsbased digital bank Revolut has raised $250 million in a Series C, boosting the company’s valuation to unicorn status. MORE
Venture capital investment is the lifeblood of startups, but reports by The New York Times released on Wednesday (June 1) put a spotlight on a different breed of entrepreneurs that shy away from taking investor funds. According to the publication, some startups are beginning to see the value in not accepting venture capital. But reports noted that these entrepreneurs are in the minority when it comes to venture capital. MORE
Credit card services provider TSYS announced Friday that it has extended its existing agreement with Capital One Financial Corp. Under the terms of that pact, TSYS will continue to provide processing services for Capital One’s North American roster of accounts, a list that spans both consumer and commercial credit card accounts. The company also reported that Capital One came in as a top-five issuer of U.S.-based MORE
There’s a new normal in financial services. Regulations such as the second payment services directive (PSD2) and the Open Banking project spearheaded by the UK’s Competition and Market Authority (CMA) are driving disruption in the banking value chain. MORE
Deutsche Bank, the German bank, has seen Hudson Executive Capital, the hedge fund run by JPMorgan Chase’s former Chief Financial Officer Doug Braunstein, take a 3.1 Shares got lifted in midday trading in Frankfurt as a result of Hudson Executive Capital, noted the report. MORE
Capital One reported a robust second-quarter performance as the bank had increased spending and lowered losses in its credit card business. Capital One delivered another quarter of strong financial performance as we continued to invest to grow and drive our digital transformation,” Fairbank said in a statement. “We He emphasized that Capital One wanted to work with a partner that was in the card business for the right reasons. “On MORE
17) Capital One announced news of its Savor Card , a cash back credit card that gives foodies cash back rewards on dining, groceries and general retail purchases. Card at Capital One. Like other Capital One credit cards, consumers incur no transaction fees when using the card abroad. . Retail Capital One cash back credit card News restaurant Rewards Savor Card What's HotIn response to growing consumer food and dining spending, on Tuesday (Oct. MORE
Enterprise blockchain provider Ripple has made a $25 million investment in blockchain startup, Blockchain Capital, the company announced today. The growth of Blockchain Capital’s fund, which is now hovering at $150 million, will help support entrepreneurs and startups in the space. MORE
A new report from Capital One examined this question, focusing on how technological disruption will affect its finances. middle-market executives, Capital One inquired about how these companies — which the firm defines as businesses with between $100 million and $3 billion in revenues — navigate disruptive innovations, and what that disruption means for their financial management and banking relationship strategies. The spectrum of corporate technological disruption is vast. MORE
It is cloud computing, cryptography, public key encryption and peer-to-peer networking protocols that are the critical “cooking ingredients” for recipes that can solve costly and basic problems in Capital markets, like provenance, authentication and reconciliation. MORE
Capital One Financial and Discover Financial Services, two of the largest credit card issuers in the country, are tightening lending standards, which is reportedly an unusual move in an economy that is booming. MORE
Capital Related Topics PYMNTS
OCTOBER 29, 2018
Capital One Financial and Discover Financial Services, two of the largest credit card issuers in the country, are tightening lending standards, which is reportedly an unusual move in an economy that is booming.
PYMNTS
NOVEMBER 8, 2018
PayPal Working Capital will launch in Germany as PayPal Businesskredit, offering small and medium-sized businesses access to working capital financing that is deposited directly into their PayPal accounts.
PYMNTS
NOVEMBER 11, 2018
In fact, according to the Wall Street Journal , capital spending on the part of companies has been slowing, with investments on the part of businesses growing at just 0.8 Economy businesses capital spending Consumer Spending economy News tax cut U.S
PYMNTS
NOVEMBER 7, 2018
A new report from Harvard Business Review Analytic Services and Capital One surveyed businesses with revenues between $25 million and $2 billion to explore how they’re embracing electronic B2B payments — and what’s holding them back from making progress.
PYMNTS
NOVEMBER 1, 2018
Deutsche Bank, the German bank, has seen Hudson Executive Capital, the hedge fund run by JPMorgan Chase’s former Chief Financial Officer Doug Braunstein, take a 3.1 Shares got lifted in midday trading in Frankfurt as a result of Hudson Executive Capital, noted the report.
PYMNTS
OCTOBER 9, 2018
Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 Investments Investment News Pershing Square Capital Management Retail same store sales starbucks What's Hot
PYMNTS
SEPTEMBER 8, 2017
This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. million , news reports this week said, from Grotech Ventures, Middleland Capital, the Center for Innovative Technology and Charlottesville Angel Network.
PYMNTS
APRIL 11, 2017
India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 According to Capital Float cofounder Sashank Rishyasringa, the deal brings the total raised for Capital Float in 2016–2017 to $9.2 The company has secured significant venture capital, too. Last year the firm revealed it closed a $25 million Series B funding round led by Capital Management with participation from SAIF Partners, Sequoia Capital and Aspada Ventures.
Bank Innovation
APRIL 11, 2018
Enterprise blockchain provider Ripple has made a $25 million investment in blockchain startup, Blockchain Capital, the company announced today. The growth of Blockchain Capital’s fund, which is now hovering at $150 million, will help support entrepreneurs and startups in the space.
PYMNTS
JANUARY 17, 2018
UPS Capital is ramping up its focus on small business finance. 16) that it is expanding its UPS Capital Cargo Finance solution, which provides small- and medium-sized businesses with credit lines to finance goods as they are shipped. UPS Capital is increasing the amount an SMB can borrow from 70 percent of a supplier’s invoice to 100 percent, the company noted. UPS Capital can provide up to $1.5 The company, a subsidiary of UPS, announced on Tuesday (Jan.
Insights on Business
OCTOBER 16, 2018
There’s a new normal in financial services. Regulations such as the second payment services directive (PSD2) and the Open Banking project spearheaded by the UK’s Competition and Market Authority (CMA) are driving disruption in the banking value chain.
PYMNTS
OCTOBER 6, 2017
5) said Tata Capital and Capital Float are teaming up, a deal in which Tata Capital will provide working capital loans to SMBs borrowing through Capital Float’s platform. SMEs are integral to the fabric of our economy, contributing around 38 percent of our country’s national GDP,” said Tata Capital Chief Operating Officer, Commercial Finance, Sarosh Amaria in a statement. Earlier this year, Capital Float raised $45 million in Series C funding.
PYMNTS
AUGUST 27, 2018
To enhance liquidity, ATM servicer and software provider Diebold Nixdorf has secured a $650 million capital commitment from two institutional lenders and started a process to amend its existing credit agreement. Business business financing Capital Commitment Credit Agreement Diebold Nixdorf News What's Hot
PYMNTS
JULY 20, 2018
Capital One reported a robust second-quarter performance as the bank had increased spending and lowered losses in its credit card business. Capital One delivered another quarter of strong financial performance as we continued to invest to grow and drive our digital transformation,” Fairbank said in a statement. “We He emphasized that Capital One wanted to work with a partner that was in the card business for the right reasons. “On
PYMNTS
SEPTEMBER 19, 2018
A new report from Capital One examined this question, focusing on how technological disruption will affect its finances. middle-market executives, Capital One inquired about how these companies — which the firm defines as businesses with between $100 million and $3 billion in revenues — navigate disruptive innovations, and what that disruption means for their financial management and banking relationship strategies. The spectrum of corporate technological disruption is vast.
PYMNTS
JULY 25, 2018
Invoice factoring company Interstate Capital is focusing on speed with its latest enhancements. The firm said this week it is offering an expedited factoring process to accelerate the time it takes for businesses to access capital when they’re waiting for their invoices to be paid. While Interstate Capital highlighted SMBs’ need for such a solution, the company also noted that companies of all sizes may benefit from a factoring tool.
PYMNTS
MAY 11, 2017
Xero , the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process. With direct, secure integration through Capital One’s new application programming interface (API), small businesses will be able to connect their Capital One financial data to their Xero cloud-accounting solution through a fully digital process.
PYMNTS
NOVEMBER 22, 2016
23) that would “mirror” rules in place governing US banks and would serve to “ring fence” foreign bank capital, the Financial Times reported. Those provisions, said the site, would, if codified, mandate that banks would have to bolster capital positions, with liquidity enhanced as well, tied to their EU operations. The Financial Times reported that EU officials have maintained the proposed bank capital rules are not the result of the surprise Brexit vote seen earlier this year.
PYMNTS
SEPTEMBER 6, 2017
UPS Capital, the financing arm of UPS, has a new president. The company named Mark Robinson as the new president of UPS Capital on Tuesday (Sept. UPS Capital plays a very strategic role for UPS and our customers, providing unique solutions not typically found with other logistics, insurance and financial providers,” said UPS Capital Chief Sales and Solutions Officer Kate Gutmann in a statement.
PYMNTS
DECEMBER 15, 2017
Credit card services provider TSYS announced Friday that it has extended its existing agreement with Capital One Financial Corp. Under the terms of that pact, TSYS will continue to provide processing services for Capital One’s North American roster of accounts, a list that spans both consumer and commercial credit card accounts. The company also reported that Capital One came in as a top-five issuer of U.S.-based
PYMNTS
OCTOBER 7, 2016
Capital One has reportedly inked a deal to acquire Paribus, a price tracking service, as the credit card company makes another acquisition in the FinTech space. While the terms of the deal were not disclosed, the report noted the acquisition includes bringing the team of Paribus and its technology under the Capital One umbrella. Card at Capital One, said in the report. Partnerships / Acquisitions Capital One FinTech online shopping Paribus What's Hot
Bank Innovation
APRIL 26, 2018
Capital Exclusive Mobile Online Payments Startups capital challenger banks funding London fintech Mobile banking online banking revolut Unicornsbased digital bank Revolut has raised $250 million in a Series C, boosting the company’s valuation to unicorn status.
PYMNTS
SEPTEMBER 30, 2016
B2B startups saw a little bit of everything this week when it came to venture capital. million funding round over the weekend, with the corporate expense management company seeing funding from Sabadell Venture Capital, Venturecap, Bankinter, Telegraph Hill Capital and Kibo Ventures. Reports said the funding was led by Fenbushi Capital and saw participation from both U.S.- Bpifrance led the round, while Daher Capital also contributed to the funding, reports said.
PYMNTS
NOVEMBER 8, 2018
In reference to the latter business, in the third quarter of 2018 Square Capital facilitated over 62,000 business loans totaling $405 million, up 34 percent year over year, revealed the company.
PYMNTS
AUGUST 24, 2018
Today, however, Andrew Mallinger, chief operating officer of merchant cash advance platform PIRS Capital , said that entrepreneurs are looking at the MCA in a new light. Small businesses’ use of alternative finance platforms is slowly on the rise.
Bank Innovation
SEPTEMBER 30, 2016
Earlier this year, Capital One and Amazon teamed up to put the Capital One “skill” on the Amazon Echo—as of now, Capital One customers who have the Echo or Echo Dot (anything with Alexa) can access their bank accounts using their voice.
PYMNTS
JULY 25, 2018
Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes. Reports said Square Capital facilitated 50,000 business loans in the first quarter of this year — a 35 percent year-over-year increase. B2B Payments Amazon Apple Pay B2B eBay News SMB finance SMB lending Square Capital What's Hot In B2B
Bank Innovation
NOVEMBER 4, 2016
Capital Cards Mobile Payments Technology cards earnings JP Morgan Square venture capital
BankThink
NOVEMBER 20, 2018
M&A Customer service Customer experience Fintech Capital One Capital One BankThe Wikibuy purchase follows acquisitions of a personal financial management provider and a firm that helps digital shoppers get price adjustments.
PYMNTS
AUGUST 25, 2017
24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. The Commission temporarily suspended trading in the securities of BITCF because of concerns regarding the accuracy and adequacy of publicly available information about the company including, among other things, the value of BITCF’s assets and its capital structure,” the SEC wrote in the news release. . The Securities Exchange Commission (SEC) announced Thursday (Aug.
PYMNTS
OCTOBER 17, 2017
17) Capital One announced news of its Savor Card , a cash back credit card that gives foodies cash back rewards on dining, groceries and general retail purchases. Card at Capital One. Like other Capital One credit cards, consumers incur no transaction fees when using the card abroad. . Retail Capital One cash back credit card News restaurant Rewards Savor Card What's HotIn response to growing consumer food and dining spending, on Tuesday (Oct.
Chris Skinner
AUGUST 23, 2017
Following on from the discussions of The Wizard of Oz being a political allegory and rally cry against Wall Street and capitalism, did you realise that the boardgame Monopoly is the same, as in a game meant to illustrate the evils of capitalism?
Bank Innovation
DECEMBER 28, 2017
Capital Compliance Cryptocurrency Exclusive Operations Startups Bitcoin BlockChain Blockchain + Digital Currencies cryptocurrency Deloitte digital currency ICOs KYC Waves Platform
PYMNTS
JUNE 2, 2016
Venture capital investment is the lifeblood of startups, but reports by The New York Times released on Wednesday (June 1) put a spotlight on a different breed of entrepreneurs that shy away from taking investor funds. According to the publication, some startups are beginning to see the value in not accepting venture capital. But reports noted that these entrepreneurs are in the minority when it comes to venture capital.
PYMNTS
JULY 12, 2018
and Tata Capital has rolled out a new lending platform in India. In other news, India’s Tata Capital has rolled out an online working capital platform for its customers, the company said. Tata Capital’s platform is developed in partnership with U.S. On another note, the Capital Market Authority (CMA) in Saudi Arabia has granted two experimental FinTech licenses to Scopeer and Manafa Capital, Cryptovest reported.
Daily Fintech
DECEMBER 12, 2016
It is cloud computing, cryptography, public key encryption and peer-to-peer networking protocols that are the critical “cooking ingredients” for recipes that can solve costly and basic problems in Capital markets, like provenance, authentication and reconciliation.
Daily Fintech
DECEMBER 12, 2016
It is cloud computing, cryptography, public key encryption and peer-to-peer networking protocols that are the critical “cooking ingredients” for recipes that can solve costly and basic problems in Capital markets, like provenance, authentication and reconciliation.
PYMNTS
MAY 10, 2018
PayPal has released new data regarding the volume of financing placed with small business borrowers via the PayPal Working Capital solution. Reports in IBS Intelligence on Wednesday (May 9) said PayPal Working Capital has provided U.K. Launched in 2014, PayPal Working Capital has provided $5 billion in small business loans around the world, the company noted. We launched PayPal Working Capital in the U.K.
PYMNTS
JUNE 26, 2017
Mercado Libre Inc, the Argentina online marketplace, is gearing up to offer working-capital loans to entrepreneurs in Brazil and Mexico during 2017, reported Reuters. He wouldn’t say how much interest the company would charge on the working-capital loans. . The report noted sellers won’t be required to sign documents or provide financial information to receive the working-capital loans, dubbed “Mercado Credito.”
Bank Innovation
MAY 4, 2017
The division of the company responsible for providing loans to small businesses and Square sellers across its global network, Square Capital, processed more than 400,000 business loans for the quarter, for a total of $251 million. The lending business appears to be treating Square well.
PYMNTS
JANUARY 19, 2018
The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. Intel Capital led its latest funding, while existing backer Formation 8 also took part, bringing the total raised by the company to $27 million. B2B Payments B2B big data Blockchain investments logistics News startups Venture Capital
Daily Fintech
NOVEMBER 21, 2018
So it should be of interest to those in the payments/loyalty space to hear that this week Wikibuy, a 4 year old coupon code start up similar to Honey was acquired by American bank Capital One.
PYMNTS
DECEMBER 1, 2017
A federal appeals court has revived a proposed class-action lawsuit accusing Capital One Financial Corp. We’re pleased with the outcome,” said Matthew Wessler, a lawyer for the plaintiff Tawanna Roberts, a Capital One customer in New York City. Capital One illegally extracted overdraft fees for purchases that were made when consumers had enough funds in their accounts.”. Capital One did not respond to a request for comment.
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