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SMB Card FinTech Bucks Coronavirus Uncertainty With Funding

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It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. In a recent report, CrunchBase looked back at how VC investors reacted to the market downturn over a decade ago. Arkose Labs.

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B2B Tech Startups Land Backing To Modernize The Enterprise

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Though it didn't reveal how much it raised, Zero Hash, based in Chicago, announced the close of its Series C investment round led by holding company tastytrade. The company has announced a $6 million funding round led by Five Elms Capital, a blog post on the firm's website revealed, adding that several angel investors also participated.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

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Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. That’s the big picture, of course – the grand ideals that payments and commerce players are working toward via the new 5G mobile network technology. 5G Potential. cities by the end of 2019.

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B2B FinTech Firms Brace For Growth With New VC

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Reports in the Financial Times earlier this week revealed that investors are advising startups to hold on to cash and gather reserves to remain stable amid any market uncertainties. With on-demand services like Airbnb landing a greater share of the business travel market, other players looking to compete are coming in fast.

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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

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Rush Street Interactive (RSI) said on Monday (July 27) that it will go public via a merger with dMY Technology Group , one of a new wave of special acquisition companies, or SPACs, backed by deep-pocketed investors, which hunt for tech unicorns or other promising startups to take public.

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Deliverr Puts $40M On The Board To Battle Amazon

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Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital raised to $70 million. In the age of Amazon, achieving success in this market takes dozens of fulfillment centers, advanced logistics and sophisticated enterprise technology.

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On-Demand Payroll Leads B2B FinTech Funding

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backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. Finexio’s AP automation technology has attracted another $2.5

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