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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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B2B eCommerce Tips The VC Scales

PYMNTS

million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. based Steadview Capital, adding to the previous Series A round announced in April. ForwardLine said it plans to deploy the capital to bolster its loan origination initiatives. SaaSOptics.

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As Losses And Costs Rise, Alphabet Promotes Waymo’s Promise

PYMNTS

The Other Bets unit also reported an operating loss of $732 million, a 16 percent increase from the second quarter of 2017. Though most testing takes place in California, those operations also are conducted in Arizona, Texas, Georgia, Michigan and Washington State. Stock Compensation Growth.

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Taulia Announces Record New Bookings; New CMO Holzapfel

Fintech Labs Insights

A year-over-year gain of 219% in new bookings growth is the highlight of a record fourth quarter from financial-supply-chain innovator, Taulia , which added 50,000 suppliers across 71 countries in Q4. Cedric Bru, Taulia CEO, called Holzapfel a “powerhouse” and praised her expertise in strategic marketing and operations.

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Santander and Kabbage Partner to Bring Same-Day Funding to UK SMEs

Fintech Labs Insights

A new partnership between Santander UK and Atlanta, Georgia-based small business lender, Kabbage , brings same-day funding to SMEs in the U.K. Pictured (left to right): Kabbage Director of Payment Operations, Michelle Sirpak, and Head of Product, Jason Dell demonstrating the Kabbage Card at FinovateSpring 2015 in San Jose.

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Trulioo Taps GM Zac Cohen As New COO 

PYMNTS

Global identity verification provider Trulioo is appointing General Manager Zac Cohen as chief operating officer (COO), the company announced in a press release on Tuesday (Nov. He will also oversee policy, budget and investor relations while continuing to advance innovative solutions for instant identity verification.

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Tech Center: Greece Sets Its Sights On The Tech Industry

PYMNTS

Athens, Greece’s capital, has a population of just over 665,000. Its capital city of Athens is helping out Greece in particular with its various technology endeavors. Four Athens is working with Georgia-based Advanced Technology Development Center that’s helping entrepreneurs with their startup ideas.

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