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B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding

PYMNTS

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Flutterwave.

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3 Reasons Why Fintech is Thriving in Atlanta

William Mills

Metro Atlanta has established itself as a major hub for the fintech (financial technology) industry. Here are three reasons why the fintech industry is thriving in Atlanta: Incubators and accelerators. Atlanta is home to a host of startup incubators dedicated to creating environments for early-stage fintech companies to grow.

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MineralTree Raises $50M, Buys Two Companies

PYMNTS

The funding initiative is being led by existing investors Great Hill Partners LP, the Boston-based private equity firm, Eight Roads Ventures, the global venture capital firm based in China and.406 406 Ventures, the Boston venture capital fund. Its RegalPay platform is used by more than 350 corporate customers and partners.

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B2B eCommerce Tips The VC Scales

PYMNTS

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. based Steadview Capital, adding to the previous Series A round announced in April. Australia’s ANZ Bank led a $1.56

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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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The Russian Connection (To Alt Lending Globally)

PYMNTS

educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. As the financial crisis unfolded in 2008, they met to discuss what they saw as the rise of FinTech and the increasing availability of financial software and data. Observing the rise of disruptive companies in Europe and the U.S.,

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Jack Henry Launches AR Financing For Banks

PYMNTS

Technology solutions and payment processing company Jack Henry & Associates has announced that BusinessManager has been integrated in the SilverLake System, with the purpose of streamlining accounts receivable (AR) financing, according to a press release. First Volunteer Bank has 24 branches through Tennessee and Georgia.

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