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Lull Hits B2B FinTech Venture Capital Funding

PYMNTS

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. Just this week, RTP Global announced a a fund, with the venture capital firm planning to deploy that cash for early-stage technology companies in areas like FinTech and Software-as-a-Service (SaaS). At the same time, the U.S.

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Bain Capital Nets $800M For Business Impact Funding

PYMNTS

Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. The new fund, called Bain Capital Double Impact Fund II, was registered with the SEC on Aug.

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How to Set Your Strategic Planning Time Horizon

South State Correspondent

Banks consistently produce under their cost of capital. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. As an industry, we misallocate capital. Securities add no long-term value while loans contribute about 10% ( HERE ) to value.

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As The IoT Grows, Can It Overcome Security Problems?

PYMNTS

The Internet of Things (IoT) is about much more than the actual things, of course. It was led by “Energize Ventures and Lux Capital, each of whom invests heavily in companies, fundamentally advancing how society implements and utilizes advances in technology,” Zededa said in a statement. IoT Security Concerns. Security Upgrades?

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Drone Company Flytrex Secures $7.5 Million

PYMNTS

The funding round was led by Benhamou Global Ventures (BGV) with additional capital from Btov. Flytrex claims to have the first “golf course delivery system” in the United States, as well as an aerial mail delivery program in the Ukraine. Flytrex, a six-year-old Israeli startup, has raised $7.5

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India’s Google-Backed Delivery App Dunzo Hit By Data Breach

PYMNTS

Dunzo said it has taken steps to secure the gaps in its system and added additional layers of security protocols. Google, Lightbox Ventures, STIC Investment, STIC Ventures and 3L Capital participated. The company operates in Bengaluru, Delhi, Gurugram, Pune, Chennai, Jaipur, Mumbai and Hyderabad, Money Control reported.

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KeyBank’s Gavrity On The 'Verticalization' Of B2B Payments

PYMNTS

Tech helps, of course, but innovation alone won’t solve corporates’ problems. Looking at Working Capital – and Security. Beyond the examination and revamping of internal flows, Gavrity maintained that companies must acknowledge that working capital management is more important than ever. Looking Ahead .

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