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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts. Cybersecurity. Back-Office.

US 116
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Best Banking Books To Create The Modern Banker

South State Correspondent

These books span a range of banking topics but emphasize second-order thinking, productivity, building client relationships, and innovation. Within the story are multiple lessons on dealing with the theory of constraints, choosing key performance indicators, organizational dysfunction, management, and leadership.

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2021 GonzoBanker Awards

Gonzobanker

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Eric has always been a student of innovation, and now at Coastal, this fearless leader has spearheaded a number of high-profile banking-as-a-service partnerships.

Fintech 147
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CFPB holds hearing on payday and auto title loans in Richmond, VA

CFPB Monitor

Virginia Attorney General, Mark Herring gave opening remarks, during which he asserted that Virginia is perceived as the “predatory lending capital of the East Coast,” suggesting that payday and auto title lenders were a large part of the problem. Dana Wiggins, Director of Outreach, Virginia Poverty Law Center.

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Software Procurement Plays Favorites With B2B Investors

PYMNTS

However, it was a B2B software procurement platform that raised the most money — $55 million — in this week’s B2B venture capital roundup. Energy Innovation Capital and Chevron Technology Ventures led the funding, while R/GA Ventures and Macquarie Capital also came on board as new investors.

Software 190
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Few places are more receptive to new ideas and innovative business models than Silicon Valley. Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Select Investors: BlackRock, Norwest Venture Partners, Sands Capital.

Fraud 78