Remove Capital Remove Fraud Remove Security Remove Utah
article thumbnail

Funding Lands T&E Firm TripActions $4B Valuation

PYMNTS

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Lulalend lends directly to SMBs that can apply online, with an automated approval process accelerating access to capital.

Capital 108
article thumbnail

Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Fraud prevention tools.

Online 98
Insiders

Sign Up for our Newsletter

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

article thumbnail

Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. However, the model doesn’t currently allow companies to issue new shares, meaning that DPOs do not raise any capital for the company. STAYING PRIVATE.

article thumbnail

Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Personal Capital. Fraud detection for ecommerece & financial services. HQ: Lehi, Utah. HQ: Sandy, Utah. million) and Jetty ($4 million). efileCabinet.

article thumbnail

SMB Cards & Spend Management Profile: Divvy (Bill.com)

Fintech Labs Insights

Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.3 Virtual cards provide an additional layer of security and can be used for expenses that don’t require a physical card. This includes real-time fraud monitoring, secure data storage, and encryption of sensitive data.

article thumbnail

SMB Cards & Spend Management Profile: Divvy (unit of Bill.com)

Fintech Labs Insights

Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.5 Timeline of a fintech rocket ship: September 2016: Founded in Lehi, Utah by Blake Murray and Alex Bean. January 2021: Raises $165M series D with Paypal as lead investor bringing total capital raised to $418M.