Remove Capital Remove Innovation Remove Management Remove Report
article thumbnail

FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Linear Capital served as the head investor, while additional help originated from KZM & Company Group. RootAnt Finishes Seed Round With $1.46M.

article thumbnail

Citi Debuts Mobile App For Companies Seeking Capital

PYMNTS

Citi has launched a new mobile app for its Citi Supplier Finance platform in Latin America to help suppliers get more working capital, according to Finextra. The new Citi Supplier Finance app will add to the arsenal for the companies looking for electronic onboarding services, Finextra reported.

Capital 178
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Starbucks New Investor: Pershing Square Capital Management

PYMNTS

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 According to a report in CNBC at the time, Starbucks said it would slow down the pace of licensed store openings and will shutter underperforming ones that are in highly populated areas.

Capital 128
article thumbnail

Capital One Acquires FinTech Robo-Adviser United Income

PYMNTS

The retirement-focused United Income will now give automated advice as part of Capital One, which is looking to expand its robo-adviser offerings. . Capital One purchased the company for an undisclosed amount after taking a 10 percent stake last year, American Banker reported on Friday (Aug. However, not much else will change.”.

Capital 156
article thumbnail

B2B Innovators Land Funding For AP, Cybersecurity

PYMNTS

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

article thumbnail

SaaS Enjoys Venture Capital Boom

PYMNTS

The companies range from product life cycle management solutions to those that help other SaaS firms retain clients. million , news reports this week said, from Grotech Ventures, Middleland Capital, the Center for Innovative Technology and Charlottesville Angel Network. The company raised $2.5 The company raised $2.5

Capital 162
article thumbnail

B2B FinTechs Show Signs Of Mid-Year Venture Capital Lull

PYMNTS

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. PYMNTS breaks down the companies that did manage to secure funding, below. With a combined $43.3

Capital 161