PYMNTS

APRIL 20, 2017

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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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.

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PYMNTS

FEBRUARY 1, 2017

Small and regional — outside of the Southeastern United States, most people haven’t heard of it. 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 growing.

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United States Kentucky Charlotte Branding 100

Fintech Labs Insights

JUNE 24, 2016

Here’s a funding from one of our more interesting alums that slipped below the radar last month: mobile payment innovator Passport has raised $8 million in new funding. The Series B round was led by MK Capital, and featured participation from Grotech Ventures and Relevance Capital. ” Youakim said.

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PYMNTS

FEBRUARY 6, 2020

Strong market demand is even compelling banks to adopt such practices in regions where open banking is not legally required. 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.

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