article thumbnail

AvidXchange eyes acquisitions after latest funding round

Bank Innovation

AvidXchange is eyeing additional acquisitions and scalability after scoring an additional $128 million in equity capital on the heels of its $260 million funding round in January, CEO Michael Praeger told Bank Innovation. Using accounts payable software, the Charlotte, N.C.-based

Charlotte 293
article thumbnail

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

Charlotte 118
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Perficient to Present at Fintech Generations 2021

Perficient

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. The presentation will occur on June 10 at 4:00 p.m.

Fintech 462
article thumbnail

Bank of America’s Head of Digital to Speak at Bank Innovation ’17

Bank Innovation

Edward “EJ” Achtner, Bank of America‘s Head of Digital Banking – Strategy, Platforms, Innovation, and Partnerships, has joined the Bank Innovation 2017 speaker faculty. based bank. Achtner also manages the Read More.

article thumbnail

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.

Google 159
article thumbnail

Jaja Buys Bank Of Ireland UK Card Business

PYMNTS

CEO Des Crowley said in a statement, per reports, “Jaja is an innovative company which shares our commitment to delivering outstanding customer service. FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3 The report comes as news surfaced that the U.K.

Cards 100
article thumbnail

5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

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.