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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. In partnership with Nymbus, the bank’s custom digital platform is built on a secure cloud-native core banking system with an open API architecture.

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Lendbuzz FinTech Raises $150M In Debt And Equity Financing

PYMNTS

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation from existing investors. credit history to help them secure financing for auto loans. credit history to help them secure financing for auto loans.

Fintech 122
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Muted Performance From Payments Stocks

PYMNTS

In terms of decliners, American financial self-service, security and services corporation Diebold Nixdorf shares were off 6 percent with little company news save, indirectly, an announcement by cloud-based mobility solutions company Kony, Inc., Capital One Financial shares were down 2.7 percent in July. percent.

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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. The firm deploys AI technology to provide corporate customers with business intelligence software.

Analytics 105
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Why Voice Authentication’s Doing Prison Time

PYMNTS

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. New technology often starts out at the U.S. Authorities and prison technology companies say this mass biometric surveillance supports prison security and fraud prevention efforts.”.

Fraud 161
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 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. The technology helps small and mid sized firms access loans from banks and other financial providers. The company has raised $34 million to date. million tally.

Lending 116
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B2B Payments Startup Finexio Lands Series A

PYMNTS

10) that it secured $4 million in Series A funding led by James R. Existing backers Florida Funders, Loeb.nyc, Zach Coelius, Mobile Financial Partners and other angel investors also participated in the oversubscribed round, reports said. B2B payments startup Finexio announced new funding this week. The company said Wednesday (Jan.

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