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Tech Center: Charlotte On The Edge of Tech Greatness

PYMNTS

Just west of the Research Triangle in North Carolina, Charlotte’s technology industry has been slowly growing over the past few years. million over the course of the next three years to build up a FinTech hub in Charlotte. As we reported about three weeks ago, Bank of America has announced its plans to invest $1.5

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Kalifa, Crosswell: UK must harness and develop resources

Bobsguide

The UK government must prioritise the protection and expansion of the country’s fintech markets, according to Ron Kalifa and Charlotte Crosswell, co-authors of the Kalifa Review. “It’s about domestic capital,” said Kalifa, who has speaking today at bobsguide’s west.

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Google's Former CEO Schmidt Invests In New $111 Million EU Tech Fund

PYMNTS

Former Google CEO Eric Schmidt is among the backers of a new $111 million European early-stage venture capital fund, according to CNBC. 30) by London-based venture capital firm Firstminute Capital , CNBC reported. The new fund's main investor is RIT Capital Partners.

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Jaja Buys Bank Of Ireland UK Card Business

PYMNTS

The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3 FinTech startups increased 57 percent to $1.6 To acquire the Bank of Ireland’s U.K. ”

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Pendo Systems Goes From Award to Award in 2015

Tech and Finance

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. Pendo believes the replacement market is over. “We Yet now we have a bubble.

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Newborn Unicorns: Meet The New Class Of $1B+ US Startups

CB Insights

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.

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Passport Raises $8 Million in Series B

Fintech Labs Insights

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.