PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. Trade finance technology startup CCRManager announced $2.12 There was a nearly 20 percent drop in the number of deals solidified in the quarter, too. CCRManager.

Capital 141

Capital Analytics Fintech Report 141

Bank Innovation

JULY 1, 2019

Capital One is contemplating how it can use data management technology, the cloud, APIs and artificial intelligence to meet the needs of middle-market businesses that increasingly are turning away from paper checks toward digital payments.

Capital 186

Capital Strategy Cards Meeting 186

PYMNTS

SEPTEMBER 30, 2018

Ripple , the blockchain startup, is heading up a new cryptocurrency lobbying group called Securing America’s Internet of Value Coalition. Coindesk noted that most of the members of the new lobbying group have ties to Ripple. Its founder is the former chief technology officer at Ripple. Coindesk pointed to Coil as one example.

Groups 192

Groups cryptocurrency blockchain Regulation 192

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

SEPTEMBER 8, 2017

This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. Apica said it will use the funds to expand across the U.S. The company raised $2.5 SMB Lending.

Capital 162

Capital Software Lending Online 162

PYMNTS

OCTOBER 21, 2020

In today’s top news in digital-first banking, Interra signed a multi-year deal with Lumin, while Australia’s Westpac Group is teaming with buy now, pay later (BNPL) company Afterpay on banking services. Westpac Group of Australia is joining forces with Afterpay to roll out its new Banking-as-a-Service (BaaS) platform to Afterpay clients.

Groups 148

Groups Digital Banking Capital Report 148

PYMNTS

OCTOBER 16, 2020

16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart. . TCS Group Holding is the parent company of the Russian lender Tinkoff Bank. “We Yandex is considered Russia’s Google and its technology offerings and capabilities include a 15-minute grocery delivery service that was launched in January.

Groups 141

Groups Google Capital Fintech 141

PYMNTS

SEPTEMBER 17, 2020

Elsewhere in the filing, the sectors in which Virgin Group operates are listed as travel and leisure, financial services, health and wellness, technology and internet-enabled, music and entertainment, media and mobile, space, and renewable energy. We intend to search for targets that operate in consumer-facing industries in the U.S.

Capital 140

Capital Resources Operations Groups 140

PYMNTS

FEBRUARY 1, 2021

The technology of the latter company will have an important position in enabling the communication of information among Virgin Money and its corporate bank clients, according to a Monday (Feb. Codat links the technology inside of SMBs to banks, financial institutions (FIs) and FinTechs, letting corporate information be exchanged live.

Technology 110

Technology Analysis Fintech Capital 110

PYMNTS

SEPTEMBER 14, 2020

New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). 1, and will have to apply for a license to do so. Ant began looking to make an initial public offering (IPO) filing last month.

Groups 161

Groups Company Regulation Lending 161

PYMNTS

SEPTEMBER 3, 2019

Large investment and equity firm Carlyle Group has taken a majority stake in an artificial intelligence (AI) hiring firm called HireVue, according to a report by Bloomberg. HireVue’s existing investors include Sequoia Capital, Granite Ventures and TCV, all of whom will stay on as minority partners.

Groups 134

Groups California Video Capital 134

PYMNTS

JANUARY 21, 2020

And now, for digital currencies, it’s a group effort — among central banks, that is. 21), at least some of those central banks are banding together to form a group that will study ways and means of issuing central bank digital currencies (CBDC). As for what may be underpinning a group effort …. But as reported Tuesday (Jan.

Groups 142

Groups cryptocurrency National Study 142

PYMNTS

MARCH 3, 2020

With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. Its last announcement for fundraising was in 2018 from the venture capital arm of Line. The platform, as of now, teams with “super apps” such as Home Credit and Line. It now purports to bring together over 1.5

Groups 130

Groups Comparison Online Community 130

PYMNTS

APRIL 8, 2019

Facebook Co-founder Eduardo Saverin has closed out $406 million for B Capital, his venture capital fund, according to a report. Saverin also has a family fund called Velos, but he hasn’t been using that as much since B Capital launched. Saverin is known for his Facebook connection, but he has since renounced his U.S.

Capital 111

Capital San Francisco Resources Innovation 111

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

JUNE 4, 2019

ICONIQ Capital led the round, with participation from new investor Sapphire Ventures and all existing investors including Madrona Venture Group, OpenView, Salesforce Ventures and Shasta Ventures. “Sales technology is moving toward a system of intelligence and collaboration. percent in 2017. This is Highspot. .”

Capital 108

Capital Security Seattle User Experience 108

PYMNTS

MARCH 5, 2019

According to a report in CNBC , the San Francisco startup said the Series D round of venture funding was led by DST Global , as well as new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group. Chime isn’t the only challenger bank to raise capital in recent months. billion valuation.

Capital 116

Capital San Francisco FDIC Leadership 116

Bank Innovation

MARCH 23, 2020

Financial-technology firms including PayPal Holdings Inc. Industry group Financial Innovation Now urged Congress in a letter to provide capital to online lenders including PayPal and Square Inc., government funding. and to permit the firms to […].

US 259

US Fintech Lending Capital 259

PYMNTS

OCTOBER 23, 2019

With a new capital infusion, SoftBank Group is extending a lifeline of up to $8 billion into the office space and workspace solutions firm WeWork. Masayoshi Son, chairman and chief executive of SoftBank Group Corp., billion into the company, according to reports. WeWork is at the forefront of this revolution.

Capital 100

Capital Groups Regional Report 100

CB Insights

MAY 12, 2022

SirionLabs, a provider of contract management technology, has raised $85M in a Series D. The round drew participation from Avatar Capital Partners, Partners Group, Sequoia Capital, and Tiger Global Management. the state of venture report. First name. Phone number. Want the full post? Become a CB Insights customer.

Capital 47

Capital Management Technology Trends 47

PYMNTS

OCTOBER 23, 2019

With a new capital infusion, SoftBank Group is extending a lifeline of up to $8 billion into the office space and workspace solutions firm WeWork. Masayoshi Son, chairman and chief executive of SoftBank Group Corp., billion into the company, according to reports. WeWork is at the forefront of this revolution.

Capital 101

Capital Groups Regional Report 101

South State Correspondent

MARCH 14, 2024

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. This, however, could be a mistake.

Innovation 195

Innovation Strategy Capital Comparison 195

South State Correspondent

JULY 30, 2023

How should community banks target and compare their ROE to the industry and their peer group, and what defines a top-performing bank? There are various models investors may use to assess return and risk, but the most widely used is a risk premium model called CAPM (capital asset pricing model). as of Q1/23.

Community Bank 195

Community Bank Community Capital Policies 195

PYMNTS

JANUARY 29, 2018

Small and medium-sized business (SMB) lending company Breakout Capital is expanding its product line, according to company reports on Friday (Jan. Breakout Capital explained that the tool allows factoring firms to use its platform to reach borrowers. “Our

Capital 109

Capital Company Lending Innovation 109

PYMNTS

OCTOBER 30, 2020

We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. Bain Capital Ventures’ partner Matt Harris told PYMNTS that 2020 marked the tipping point for commercial payments. “I

Technology 161

Technology Apple Payments Capital 161

CB Insights

AUGUST 17, 2021

The round drew participation from Sequoia Capital, Tiger Global Management, General Atlantic, SoftBank Group, and Dragoneer Investment Group. California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank.

Capital 78

Capital Operations California Regional 78

PYMNTS

OCTOBER 9, 2020

Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. Durable Capital Partners led the funding round, while 01 Advisors and Greenoaks Capital participated. “We million Madrona Venture Group-led seed round. Strike Graph. Firms in the U.S.,

Compliance 267

Compliance Payments Fintech Capital 267

PYMNTS

JANUARY 20, 2017

Chris Larsen, who announced in November that he would leave his position at Ripple, has joined HSBC on its technology advisory board, itself a new group of experts announced only days ago to help the financial institution develop its IT strategy and explore FinTech and cybercrime innovation.

Groups 100

Groups blockchain Capital Fintech 100

PYMNTS

JANUARY 19, 2021

National Australia Bank (NAB) has chosen Eedenbull to integrate its payment and spend management technology for SMB customers. 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. Absa Group Collabs With Surecomp.

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

CB Insights

MAY 6, 2021

LoanSnap , a provider of personalized mortgage loans, has raised $30M in Series B with participation from True Ventures, Baseline Ventures, Virgin Group, and Mantis Venture Capital, among others. The post Virgin Group-Backed LoanSnap Raises $30M To Develop Its AI-Based Smart Loan Technology appeared first on CB Insights Research.

Groups 43

Groups Technology California National 43

Banking Exchange

MAY 26, 2021

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

Fintech 78

Fintech Groups Community Bank Community 78

Independent Banker

AUGUST 31, 2022

A recent Mercator Advisory Group survey found that 69% of respondents have used PayPal in the past year, and a full 10% reported using Facebook Pay. So how do social payments fit in community banks’ long-term future? By Colleen Morrison. Social payments have taken today’s digital environment by storm.

Capital 94

Capital Payments social media Community Bank 94

PYMNTS

NOVEMBER 19, 2020

Venture capital cash has been flowing this year to companies that plan to buy up sellers on Amazon and help them grow. The deal follows in the footsteps of Berlin-based Razor Group , which raised $26.7 The latest such deal has Berlin-based SellerX landing 100 million euros ($118 million) of financing, reported Tech.eu.

Capital 281

Capital Marketing Branding Groups 281

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. First name. Company Name. Phone number.

Capital 98

Capital blockchain Marketing Security 98

PYMNTS

JANUARY 19, 2018

The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. But a lesser-discussed market grabbed the largest investment of the week: logistics. Data Nerds. Cybersecurity.

Capital 118

Capital blockchain Big Data Data 118

South State Correspondent

MARCH 28, 2024

These programs aim, in part, to mobilize the private sector by pairing its capital with public investment to stimulate American manufacturing and infrastructure improvement, creating new jobs plus innovating in industries like clean energy and technology. Partnership with aligned community groups will be critical here.

America 195

America Strategy Taxes Community 195