PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. China TransInfo Technology Corp.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

SEPTEMBER 17, 2020

16) filing with the federal Securities and Exchange Commission (SEC). We intend to search for targets that operate in consumer-facing industries in the U.S. It goes on to say, “We are equally well-positioned to capitalize on secular trends that have accelerated as a result of the pandemic. VG Acquisitions Corp.,

Capital 140

Capital Resources Operations Groups 140

PYMNTS

DECEMBER 14, 2020

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. has entered into a definitive arrangement to sell Cost Plus World Market to Kingswood Capital Management. Riley Securities Inc.

Branding 131

Branding Groups Retail New York 131

PYMNTS

OCTOBER 22, 2020

In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. Ant Group Moves Ahead With $35B IPO After China's OK. Morgan Stanley and J.P.

Security 134

Security Groups Payments Regulation 134

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

NOVEMBER 30, 2020

Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Velo Labs, Visa and Lightnet Group will work together on payment offerings targeted at serving the micro, small and medium enterprise (MSME) lending market in Asia, the announcement stated.

Lending 197

Lending Groups Capital Security 197

South State Correspondent

JANUARY 17, 2024

We focused mainly on customer profitability and used risk-adjusted return on capital as a proxy for profitability. Through this understanding of profitability and productivity, bank managers can set better strategies and tactics plus start to optimize the allocation of capital. The answer is – most likely.

Study 195

Study Maine Analytics Capital 195

PYMNTS

SEPTEMBER 18, 2020

Next Insurance , the online insurance provider for small businesses, is negotiating a deal to raise new capital in a round that would value the FinTech startup at $2.25 Last fall, it raised $250 million from Munich Re Group, the Munich, Germany-based reinsurer, which gave it a valuation of more than $1 billion. and Redpoint Ventures.

Security 175

Security California Capital Policies 175

PYMNTS

JANUARY 19, 2021

The collaboration is part of Eedenbull’s efforts to expand globally after having secured 65 banking partnerships across Europe, according to a report. Italy’s BNL , part of BNP Paribas Group , has debuted its multi-banking solution developed in conjunction with open banking FinTech Tink , according to a press release.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

MAY 25, 2018

Venture capital activity in the B2B space found software and data management firms securing funding. The company said in a statement that the funding round was led by a series of investors, including General Catalyst, Foundry Group and former Red Hat CEO Matthew Szulik. million open source packages.

Capital 108

Capital Software California Data 108

BankUnderground

APRIL 28, 2023

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress.

Capital 78

Capital Lending US Data 78

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Company Name. Phone number.

Capital 98

Capital blockchain Marketing Security 98

Perficient

MAY 27, 2022

This piece was written in collaboration with Chandni Patel, Director of Financial Services and member of Perficient’s Digital Assets Working Group. We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

DECEMBER 30, 2020

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. Investors at BEENEXT and Anthemis Group led the round, which also saw participation from Alto Partners Multi-Family Office and Zenius Education CEO Rohan Monga.

Capital 211

Capital Management Operations Security 211

PYMNTS

OCTOBER 23, 2019

B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. 22) that it is now part of parent company AZA Group, which now encompasses the BitPesa, BFX and TransferZero brands.

Security 100

Security Groups Fintech Operations 100

PYMNTS

JULY 6, 2020

Indonesian payment processor Payfazz has secured $53 million in Series B funding, numerous media outlets reported Monday (July 6). residents in the same age group have bank accounts. According to that report , 49 percent of Indonesia residents ages 15 or older had bank accounts in 2017, up from 36 percent in 2014.

Capital 211

Capital Groups Report Mobile 211

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

APRIL 7, 2017

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised. Honorable Mention.

social media 109

social media Big Data Capital Data 109

PYMNTS

JANUARY 15, 2021

company's seed funding was led by Floreat Group. Malaysia's microLEAP has secured $3.3 Malaysia's microLEAP has secured $3.3 Reports in e27 said MAA Group provided the investment, which microLEAP plans to use for marketing, new staff hires and technological enhancements. Reports said the U.K. Modern Treasury.

Capital 167

Capital Fintech Operations Technology 167

PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. We will introduce data innovation that embeds risk and control elements expected from SWIFT, creating peace of mind for business-critical operations. The new approach promises to create new value-added services to support business growth. “We

Innovation 348

Innovation Payments Compliance Data 348

PYMNTS

AUGUST 14, 2020

India-based ZipLoan secured $2 million in debt funding from Stride Ventures, the Economic Times of India said this week. ZipLoan operates a digital platform to connect small businesses to loans, with a focus on kirana stores and micro-enterprises. Accounting automation startup CANDIS secured about $14.2

California 163

California Capital Fintech Security 163

PYMNTS

JULY 23, 2020

Ascena Retail Group, Inc. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement. The company has also secured commitments for $150 million in a “new money term loan” from current lenders.

Virginia 140

Virginia United States Retail Operations 140

PYMNTS

AUGUST 23, 2020

21) to operate a virtual asset trading platform, according to a press release. Once the approval is finalized, the license will allow it to work in dealing in securities and as an automated trading service (ATS), regulated under Hong Kong's Securities and Futures Commission (SFC).

blockchain 151

blockchain San Francisco cryptocurrency Bitcoin 151

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. said the company saw BHL Holdings lead the second Series A funding round, while Nire Capital and existing backers Concentric, Seedcamp and Beazley also participated. Digital Risks. Reports in Verdict.co.uk

Fintech 175

Fintech Capital Lending Report 175

PYMNTS

JUNE 23, 2020

The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. broker-dealer Strategas Securities , said the downturn was “just getting started,” and that the velocity at which the number had risen was concerning. The number of small U.S. Nicholas Bohnsack , president of U.S.

US 175

US Data Comparison Millennials 175

PYMNTS

JUNE 24, 2020

The retailer, along with Harbin Pharmaceutical Group Holding Co., and a sizable majority of supporting secured lenders, have come to a deal “in principle” for a sale of GNC’s business. The retailer, along with Harbin Pharmaceutical Group Holding Co., At that time, improved bids can be brought forward.

Retail 186

Retail Strategy Branding Security 186

PYMNTS

OCTOBER 11, 2019

After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. Led by Swisscom Ventures and Edenred Capital Partners, the funding saw participation from existing backers Lakestar and Notion Capital as well, while Columbia Lake Partners also provided funds.

Capital 169

Capital California Analytics Management 169

PYMNTS

JULY 6, 2020

After considering all options, the Board has determined that a Chapter 11 filing is the best course of action to optimize the operations and secure the brand’s long-term success.”. In addition, the retailer said new Authentic Brands Group LLC subsidiary ABG-Lucky LLC will buy all of its intellectual property assets.

Branding 136

Branding Retail Groups Operations 136

PYMNTS

DECEMBER 10, 2020

Ascena Retail Group Inc. In July, Ascena Retail Group, Inc. The merchant and “certain of its subsidiaries” had arrived at a restructuring support agreement (RSA) with over 68 percent of secured term lenders. The arrangement would keep the company as a going concern with a minimum of 900 retail locations, the newspaper reported.

Branding 159

Branding United States Virginia Retail 159

American Banker

OCTOBER 31, 2023

A $35 million capital bump from a once-hostile investor group may have helped the Philadelphia bank avoid collapse. Still, it reported $30 million of quarterly operating losses and heavy securities risk in a recently filed call report.

Philadelphia 36

Philadelphia Capital Groups Security 36

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions.

Report 195

Report Risk Management Capital Data 195

PYMNTS

OCTOBER 30, 2020

million in total funding raised, it was a relatively promising week for B2B FinTechs on the venture capital front. Brazil's BizCapital , a financial service provider for small- to medium-sized businesses (SMBs), secured $3 million in funding from Oikocredit, the company said this week. PYMNTS rounds up the latest investments below.

Capital 160

Capital Lending Technology Retail 160

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. The filings also indicated that interest income would be spread across operating segments. Last month, it named Jonathan Penkin as head of the local business.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

APRIL 2, 2020

The tool offers financing for fleet owners to receive capital on loads they have delivered instead of waiting the traditional 30 days for customers to make payments. PayRange Accelerates Vending Machine Capital. PayRange is another FinTech using card products to accelerate access to capital for businesses and professionals.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

AUGUST 6, 2019

Cybereason has announced it has received a series of investments and commitments totaling $200 million by SoftBank Group Corp. This latest round of funding brings Cybereason’s total amount raised to approximately $400 million, with previous investors including CRV, Spark Capital and Lockheed Martin, according to a press release.

Boston 115

Boston Big Data Security Analytics 115

PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. Alternative Lending.

Capital 135

Capital Lending Resources Oregon 135