Bank Innovation

JANUARY 24, 2017

Achtner leads Bank of America’s Digital Banking Practice, responsible for the development and deployment of digital solutions for the Charlotte, N.C.-based based bank. Achtner also manages the Read More.

Innovation 150

Innovation Charlotte America Digital Banking 150

PYMNTS

NOVEMBER 14, 2018

hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. The funding round was led by hedge fund D1 Capital Partners, and came only six months after the startup closed on a $350 million round of investing. A source told Reuters that the additional funding comes from investors, including U.S.

San Francisco 156

San Francisco Nashville Minneapolis Charlotte 156

PYMNTS

JUNE 28, 2019

FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3 billion in 2018, according to an industry trade group, while venture capital investments were $1.7 And private equity investments in U.K. FinTech startups increased 57 percent to $1.6

Cards 100

Cards Charlotte Fintech Innovation 100

American Banker

MARCH 21, 2016

Capital Bank Financial in Charlotte, N.C., will record a first-quarter $5.5 million net loss, after it agreed to an early termination of its loss-share agreements tied to three failed banks.

Capital 28

Capital Charlotte Community Bank Community 28

PYMNTS

APRIL 15, 2020

“With clear signs of panic buying of necessities and the fact that lockdowns were introduced only around the middle of the month means that far worse is to come in April and the second quarter more generally,” Capital Economics Senior U.S. Economist Michael Pearce wrote in a note Wednesday. Credit Suisse economist James Sweeney agreed.

Retail 132

Retail North Carolina Comparison Charlotte 132

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

DECEMBER 5, 2016

. “Increasing the awareness of new financing options for consumers and SMEs will help businesses across Australia take advantage of new opportunities for growth and create new jobs,” stated Timelio CEO Charlotte Petris in a statement. ”

Marketing 100

Marketing Charlotte Lending Leadership 100

Jeff For Banks

DECEMBER 10, 2023

Total return includes two components: capital appreciation and dividends. The bank was founded in 1907 and has operated continuously since 1908 with branches in Durham, Raleigh, Charlotte, Greensboro, and Winston-Salem. Well done and best of luck leveraging the ECIP capital for good! #2. The Bancorp, Inc. Congratulations!

Fresno 107

Fresno North Carolina Raleigh FDIC 107

PYMNTS

FEBRUARY 5, 2019

The company said that funding from the latest round will also go to expand its office locations beyond San Francisco and Westlake Village, California to Charlotte, North Caroline and internationally in Japan and elsewhere.

San Francisco 181

San Francisco Charlotte Comparison Online 181

PYMNTS

FEBRUARY 10, 2020

“The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury at BNP Paribas. Real-time] gives eCommerce traders and [business-to-consumer] retailers instant access to their funds [for] working capital and liquidity-related benefits.

Charlotte 148

Charlotte Fintech Examples Payments 148

PYMNTS

DECEMBER 9, 2019

Founded in 2000 by CEO Michael Praeger, the Charlotte, North Carolina-based firm provides software that automates payments, invoicing and accounting for small and mid-sized businesses (SMBs). AvidXchange previously raised $300 million in 2017 at a $1.4 billion valuation led by PayPal Co-founder Peter Thiel and Mastercard.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

PYMNTS

APRIL 21, 2017

The Charlotte, N.C.-based Consumer spending was up, our wealth management business had strong asset management flows, investment banking fees rebounded nicely,” Moynihan said, “and we continued to provide credit and capital to our corporate and institutional clients to help them drive the economy forward.”. billion from $3.47

America 100

America Charlotte Report Capital 100

American Banker

SEPTEMBER 1, 2016

CommunityOne Bancorp in Charlotte, N.C., has scheduled its annual meeting as it waits for regulators to sign off on its sale to Capital Bank Financial in Coral Gables, Fla.

Meeting 31

Meeting Charlotte Capital Regulation 31

PYMNTS

MARCH 11, 2020

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. Ontario (L.A.), Oklahoma City, and Memphis.

Company 130

Company Miami San Antonio Oklahoma City 130

PYMNTS

MARCH 15, 2019

The upcoming launches in the Midwest – in one city that is considered the capital of the region, and in another that is a growing destination for young, digitally-minded professionals, including those priced out of the Chicago housing market – represent more significant progress for the new mobile network technology. 5G Potential.

Mobile 168

Mobile Indianapolis North Carolina Minneapolis 168

PYMNTS

OCTOBER 25, 2017

As New Mexico’s capital city, Albuquerque naturally put in a bid, but the state’s more southern offering may prove more interesting, as it straddles the U.S.-Mexico Charlotte, North Carolina. Charlotte has promised to not only create a new holiday for Amazon — it will even commend the holiday’s observance to all citizens.

Puerto Rico 109

Puerto Rico Tucson El Paso Georgia 109

Abrigo

JANUARY 15, 2015

• Charlotte, North Carolina – Park Sterling Bank ($263 million). Flagstar capitalizes on going local, too. The cities were chosen randomly, but are listed below in alphabetical order. For each city, highlighted is the top community bank by mortgage volume, along with their residential loan figure.

Cleveland 150

Cleveland Detroit Michigan Community Bank 150

PYMNTS

FEBRUARY 1, 2017

About a year and a half after the chain was sold off to a private equity group, Charlotte-based Belk is opening up new stores, though less well-performing ones are being shuttered. It’s even capitalizing on the department store drain that is ongoing. It’s growing.

United States 100

United States Kentucky Charlotte Branding 100

Jeff For Banks

MARCH 5, 2021

For example, think of the Credit Analyst in Charlotte evaluating a rural Indiana ag loan to an Amish borrower. We will lose that local flavor to allocating capital by centralizing banking. As institutions get larger, and their HQ's get farther away, decisions are made that can be sub optimal to the local area, town, and/or borrower.

Regulation 78

Regulation Indiana Charlotte Community Bank 78

CB Insights

JUNE 21, 2018

AvidXchange is one of the most well-capitalized startups in the fintech space, with nearly $575M in funding, including a recent $300M infusion from investors including Temasek Holdings, Peter Theil, and Mastercard. FUTURE OF FINTECH 2018. Get access to all the slides once the conference ends.

North Carolina 28

North Carolina Charlotte Massachusetts Conference 28

Fintech Labs Insights

JUNE 24, 2016

The Series B round was led by MK Capital, and featured participation from Grotech Ventures and Relevance Capital. Passport CEO Bob Youakim said that the capital infusion would help speed the company’s growth and expansion both in the U.S. The new investment takes Passport’s total funding to $17 million.

North Carolina 22

North Carolina Portland Charlotte Ohio 22

CB Insights

AUGUST 16, 2017

Last quarter, the US unicorn “birth rate” ticked up significantly as 9 new VC-backed companies reached $1B+ valuations (compared to only 3 companies in Q1’17), the highest quarterly total since the close of Q3’15, according to our Q2’17 Venture Capital Funding Report with PwC. Valuation: $1.4B. Valuation: $1.3B.

Meeting 68

Meeting US Capital North Carolina 68

Tech and Finance

DECEMBER 14, 2015

Pendo Systems (Pendo) was widely recognized by industry leaders and publications including ACQ5 Global Awards which named it Capital Markets Technology Provider of the Year and SWIFT’s InnoTribe Showcase, which awarded Pendo the title of Top Innovator. Yet now we have a bubble.

System 28

System Charlotte Capital Data 28

Fintech Labs Insights

MAY 12, 2021

CAN Capital. Lighter Capital. Charlotte. Fundera (NerdWallet). Camino Financial. HoneyComb Credit. Pittsburgh. Patch of Land. Forward Line. P2Binvestor.

Atlanta 15

Atlanta Utah DC Detroit 15

Fintech Labs Insights

MAY 12, 2021

CAN Capital. Lighter Capital. Charlotte. CAN Capital. Lighter Capital. HQ: Charlotte. Fundera (NerdWallet). Camino Financial. HoneyComb Credit. Pittsburgh. Patch of Land. Forward Line. P2Binvestor. Website visitors: 990,000 (April 2021, SimilarWeb). Employees: 120 ( Pitchbook ). Citations: 166 (Crunchbase).

Atlanta 15

Atlanta Utah DC Detroit 15

CB Insights

AUGUST 14, 2017

While late-stage investing rounds are the typical “tipping point” for entry into the unicorn club, one quarter of newborn unicorns in H1’17 earned their $1B+ valuations with a mid-stage Series C capital raise. Select Round Investors: Breyer Capital, Sutter Hill Ventures, Wildcat Venture Partners. Valuation: $1.4B.

US 28

US Capital North Carolina Data 28

Jeff For Banks

AUGUST 1, 2010

But if you are generating sufficient profits, and you don''t need to grow capital at a rapid pace to keep up with growth, you could pay higher dividends, delivering acceptable shareholder returns. If, for example, slow but prudent growth leads you to grow your balance sheet, and therefore earnings, at five percent per annum.

America 60

America Charlotte Strategy Lending 60

Jeff For Banks

SEPTEMBER 13, 2011

Part of the secret sauce may be management longevity, as most senior managers, including CEO Charlotte Zuschlag, have been with ESB for 20 years or more. Add a 3.68% current dividend yield, and the "plain vanilla" thrift is delivering to their shareholders.

Arkansas 67

Arkansas Charlotte Pennsylvania Management 67

Fintech Labs Insights

SEPTEMBER 30, 2016

For Envestnet, the award comes just days after announcing its new collaboration with Charlotte, North Carolina’s Innovation Partners , who will use financial wellness solutions from Envestnet | Yodlee to enhance its wealth management services.

San Diego 12

San Diego Management North Carolina Philadelphia 12

Fintech Labs Insights

OCTOBER 26, 2015

Finally, congratulations to Finovate alum Financit which grabbed an undisclosed, but we are guessing considerable, amount of capital from Goldman Sachs. HQ: Charlotte, North Carolina. LoanBook Capital. But there were also plenty of smaller seed bets this week, something we haven’t seen as much of recently. PIN Payments.

Company 12

Company Fintech California North Carolina 12

PYMNTS

FEBRUARY 6, 2020

The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury solutions at BNP Paribas. Faster payments rails] existed before. What we do with instant payments and APIs is offer 24/7 [access to those] services.

Payments 160

Payments Data Charlotte System 160

Fintech Labs Insights

DECEMBER 28, 2015

HQ: Charlotte, North Carolina. Indexa Capital. Source: Crunchbase. Workflow tool for investment bankers. Latest round: $5.3 million Series A. Total raised: $5.57 Source: Crunchbase. Point-of-sale system for restaurants & hotels. Latest round: $4 million Series A. Blockchain technology for businesses. Latest round: $1.5

Company 12

Company Fintech North Carolina California 12

CB Insights

JANUARY 4, 2018

Startups are capitalizing on mushrooms’ reported beauty benefits (based on their vitamin and antioxidant content). Charlotte Tilbury Beauty. Samos Investments, Sequoia Capital, Venrex Investment Management. Bridge Capital Holdings, SkinMedica, VMG Partners. GGV Capital, Y Combinator. Breakout Capital.

Capital 45

Capital Branding Charlotte Trends 45

PYMNTS

APRIL 15, 2020

Downdetector, a global company that tracks troubles with websites and mobile apps, tweeted that Bank of America, PNC, Capital One, TD Bank, Santander, Ally, SunTrust Bank, Wells Fargo, US Bank, City and Chase, among other financial institutions, were having troubles. The added volume put a strain on the system.

Charlotte 249

Charlotte San Francisco Payments America 249

CB Insights

OCTOBER 31, 2019

Slack launched its own $80M chatbot fund, partnering with leading VCs including Spark Capital, Index Ventures, Accel, KPCB, Social Capital, and Andreessen Horowitz. Swedbank, Capital One, SEB, and Wells Fargo have all introduced bots for similar purposes. Trim can then cancel memberships on a user’s behalf. Source: Trim.

Industry 78

Industry Examples Tools Retail 78

CB Insights

JULY 20, 2017

Startups are capitalizing on the trend by offering natural products, organic products, and even vegan products, and emphasizing transparency in their labeling. Viking Global Investors, San Francisco Equity Partners, Bridge Capital Holdings. FreshTracks Capital. Breakout Capital. Winona Capital Management.

Trends 28

Trends Branding social media San Francisco 28

Fintech Labs Insights

AUGUST 1, 2016

HQ: Charlotte, North Carolina. Tags: SMB, capital raising, VC, venture capital, p2p, peer-to-peer, investing. Source: Crunchbase. Mobile payment & financing platform for field sales. Latest round: $1.5 million Debt. Total raised: Unknown. Source: Crunchbase. Recurring bill management . Latest round: $1.4 million Seed.

Company 12

Company Fintech New York City Lending 12