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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.

Fintech 198
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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.

Capital 128
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Possible Sale Of Cars.com Comes Amid Stronger Digital Ties For Automotive

PYMNTS

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. The service said it attracts some 19 million unique monthly visitors to its online automotive marketplace. and autoscout24.de. and autoscout24.de.

Indiana 105
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Here Is the Latest Credit Data To Keep Your Bank Safe

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. As can be seen, Georgia, California, and Nevada have the highest levels of probabilities of defaults and some of the highest increases. ” The reality is that banks should be much more granular in their ratings to allocate capital more efficiently.

Data 195
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Mega-Rounds Boost Funding In Restaurant Tech

CB Insights

July 2017 saw the two largest-ever restaurant tech deals: a $151M private equity investment by Vista Equity Partners to Providence-based Upserve , and a $101M Series C (with participation from Bessemer Venture Partners, Generation Investment Management, and Lead Edge Capital) to Boston-based Toast. Track restaurant tech startups.

Trends 28
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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

One of the biggest challenges these companies face is that many operate without a bank charter or license. Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. why profitability won’t come easy. As a result, they can only offer limited services.

Retail 78
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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. million to date, with early investors Blumberg Capital, BDC Capital and American Express. Trulioo has raised $96.6