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Commercial InsurTech Bold Penguin Buys xagent To Expand B2B Range

PYMNTS

“We are obsessed with upgrading the commercial insurance ecosystem, helping it evolve to meet the needs of all the players and catch up with the pace of technological innovation,” said Ilya Bodner, founder and CEO of Bold Penguin.

Columbus 131
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Payments Exec Joins Board of Texas Capital

American Banker

Patricia Watson joined the board of the $19 billion-asset Texas Capital on Friday. Watson has been chief information officer at TSYS, a payments processor based in Columbus, Ga., since September.

Texas 28
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Hillbilly Elegy Author J.D. Vance Heads To Ohio In Search Of Investment Opportunities

PYMNTS

Going forward, Vance will locatable in Columbus — and on the hunt for firms that might otherwise be ignored by the venture funding mechanism in the U.S. And there are some serious funds on offer — Revolution funds has over $1 billion in capital to hand out to firms at all stages of development. The goals of the fund are twofold. “But

Ohio 100
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Oros Takes Activewear Into The Space Age

PYMNTS

They’ve been using the same technology for hundreds of years, and we saw the opportunity to differentiate ourselves from a product perspective. The new technology is a proprietary formulation of Aerogel called Solarcore, for which they own several patents. “We look at the industry and it’s a bit arthritic,” Markesbery said.

Branding 108
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55 US Companies That Became Unicorns In 2018

CB Insights

Select Investors: Tencent Holdings, Disney Accelerator, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Vulcan Capital, ICONIQ Capital. Select Investors: Y Combinator, Sequoia Capital, Khosla Ventures, Kleiner Perkins Caufield & Byers, Wellcome Trust, GIC, SoftBank Group, DST Global. Valuation: $12B.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Amazon is advancing warehouse automation tech with a big leveling up of its autonomous cart technology. The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30. Carts Go Driverless: The Acquisition of Canvas Technology.

Taxes 100
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Say Bye-Bye To MCX CurrentC

PYMNTS

Some of the same merchants who were part of MCX also supported NFC technology – Apple Pay’s enabling technology. Rumored calls for capital were rebuffed. MCX merchants signed deals that prohibited them from supporting any competing mobile payments products.

Mobile 105