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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

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TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. This is the digital bank’s fourth acquisition of a working capital loan portfolio. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff.

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Lalamove Launches Delivery Services In Dallas

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Same-day delivery service provider Lalamove has launched its services in the Dallas/Fort Worth area to help small- to medium-sized businesses (SMBs) make quicker deliveries, according to a press release. International Managing Director Blake Larson said the pandemic has underscored the importance of delivery. “[M]any

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Pier 1 Plans Sale As It Goes Bankrupt

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The Fort Worth, Texas-based retailer franchise said it filed for chapter 11 protection Monday in U.S. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales. Its largest shareholders are Charles Schwab Investment Management and Dimensional Fund Advisors LLP. .

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Opendoor, Zillow Rival Perch Raises $220M

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The funding, which is a combination of equity to fund operations and debt to fund home purchases, was led by FirstMark Capital , with participation from Accomplice and Juxtapose. After launching in San Antonio in early 2018, Perch has expanded to Dallas-Fort Worth, with more markets planned.

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Elevate To Take Another Crack At An IPO

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Conditions now are different, however, with investors looking for new issues — and the Fort Worth-based firm is ready to try and surf that demand wave. and On Deck Capital, Inc. But Elevate managed to stay above the fray in 2016 — revenue went up by about one-third to $580 million. Online lender Elevate Credit, Inc.

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Grappling With COVID-19, Airlines Shift From Passengers To Cargo

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777-300s, will transport medical supplies, eCommerce items and office equipment, flying between Frankfurt and American Airline’s base at the Dallas-Fort Worth airport. The planes, Boeing Co. The move has also been adopted by other firms, grappling with the growing impact of the coronavirus.

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Governments Sending Mixed Signals On Blockchain

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The SEC is looking closely at the disclosures of public companies that shift their business models to capitalize on the perceived promise of distributed ledger technology and whether the disclosures comply with the securities laws, particularly in the case of an offering,” Clayton said at a conference this week.