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Retail Sales Numbers Predict A Cruel April

PYMNTS

“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
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Timelio Adds New Weight To Aussie AltFin Market

PYMNTS

The small business lending startup secured the funding from Thorney Investment Group in the form of equity investment sometime last month, reports said. ” The executive added that 30 percent of small businesses say they have missed opportunities to grow because they cannot access capital. million (A$5 million). ”

Marketing 100
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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

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. banks and credit unions.

Cleveland 150
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AvidXchange CEO Michael Praeger Talks M&A And IPO Prospects

CB Insights

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.

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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.

Meeting 68
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Newborn Unicorns: The First Half Of 2017 Sees 12 New US Startups Valued At $1B+

CB Insights

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
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Top 5 Total Return to Shareholders: #3 ESB Financial Corporation

Jeff For Banks

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. Please do not claim to invest in any security based on what you read here. Add a 3.68% current dividend yield, and the "plain vanilla" thrift is delivering to their shareholders.