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Perficient to Present at Fintech Generations 2021

Perficient

Perficient is excited to announce that Fintech Generations 2021 , a global fintech thought leadership event that takes place June 7-11, will feature Scott Albahary, chief strategist, financial services. RevTech Labs alumni have raised over $2 billion in venture capital and have had more than $230 million in company exits.

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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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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. However, the bank put the credit business up for sale with a larger strategy to divest some of its operations. FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3

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B2B APIs Make More Connections

PYMNTS

Momentum is a powerful force, and it looks like there’s enough of it behind open banking to finally clear the paper jam from B2B payments, making way for faster more accurate digital operations. Nimbler FinTechs Hook Up. FIs, SMBs, Fintechs Eying Each Other. A change in perspective helped. A report by the U.K.’s

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

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). The firm has 1,300 employees across offices in seven states and is distinguished as a global FinTech unicorn.

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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. AvidXchange. Valuation: $1.4B. Valuation: $1.4B.

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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.