Remove Capital Remove Florida Remove Marketing Remove Online
article thumbnail

A digital-first bank for south Florida

Independent Banker

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. After looking at the consolidation in our market, we concluded that the lack of community banks was the reason.”. By Katie Kuehner-Hebert.

Florida 91
article thumbnail

Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

For small businesses, expansion is key, and expansion needs capital. The company has said that it is the first bank in Puerto Rico to offer digital services, ranging from business credit cards to working capital loans to SBA loans. 500,000 in the United States, with terms of three to five years.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Morty Raises $3M To Bring Its Online Mortgage Platform To The Masses

PYMNTS

Morty, reported TechCrunch, is launching with 10 lenders in 10 markets in the U.S. The $3 million in funding was led by Thrive Capital, including participation from SV Angel, Techstars, FJ Labs, Corigin Ventures, MetaProp and a number of angel investors, reported TechCrunch. In the future, Morty plans to add more markets.

article thumbnail

Jet Hastens SME Funding Through Bank Data

PYMNTS

On Thursday (April 21), the company announced a new partnership with Jet Business Loans, an online corporate FinServ player. At Jet Capital, we understand that, for many businesses, immediate opportunities and unforeseen expenses don’t always align with cash flow,” said Jet Capital CEO Kenneth Wardle in a press release. “At

Data 100
article thumbnail

 SMB Lending, Automation In B2B VC Focus

PYMNTS

The money, which came via Series D round led by Sequoia Capital India and The Three Sisters Institutional Office, brings the total tally raised to date to $81 million. Expansion plans include the Italian market. In Singapore, Aspire , a startup geared toward helping smaller firms access working capital, raised $32.5

Lending 116
article thumbnail

B2B Investors Get Smart About Business Intelligence

PYMNTS

Business intelligence is a common theme in this week’s B2B venture capital (VC) roundup, with many startups deploying artificial intelligence (AI) and sophisticated data analytics technologies for their business customers. focus on product development, and enhance sales and marketing efforts. Fattmerchant.

Analytics 105
article thumbnail

Amazon, Walmart And Target Woo All Channel Consumers With Delivery, New Payment Options

PYMNTS

As a result, Target has been rolling out delivery to its customers in several major markets after acquiring Shipt for $550 million in cash in Dec. We’re going to be in all the major markets, and we bring a breadth of assortment that is not just food and beverage and grocery. million households. Almost 10 percent — or 9.1

eBook 100