Remove Capital Remove Innovation Remove Operations Remove San Francisco
article thumbnail

StanChart Deepens China Focus With Innovation Lab Launch

PYMNTS

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. 7) that the Shanghai opening adds to Standard Chartered’s existing network of labs, which are open in Singapore, Hong Kong, Kenya, London and San Francisco.

article thumbnail

Personal finance app Tally raises $50m to grow its platform business

Bank Innovation

The Series C funding round, led by Andreessen Horowitz, will help the San Francisco-based company hire more engineers to help build out more products, according to Erica Dorfman, Tally’s head of finance and operations. […].

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Flutterwave.

Fintech 198
article thumbnail

Citi Ventures Leads $28 Million Round for Client Management Startup HoneyBook

Bank Innovation

The San Francisco-based fintech startup also announced it has surpassed $1 billion in bookings through its platform, which enables small businesses and freelancers to streamline processes from capturing leads and delivering proposals to sending invoices and […].

article thumbnail

Bento for Business Sets Big Goals with $9 Million in Funding

Bank Innovation

For the task, San Francisco-based Bento raised $9 million in a new round of funding today. Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad.

article thumbnail

Neiman Marcus Emerges From Chapter 11

PYMNTS

“We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. The financing is in addition to the liquidity provided by the $900 million asset-based lending led by Bank of America and a group of commercial banks.

article thumbnail

Coca-Cola Supply Co. To Expand Blockchain Efforts After Successful Trial

PYMNTS

Coca-Cola’s supply chain operations are run by an IT firm called Coke One North America (CONA), and the company recently had such a successful run with blockchain software provider SAP that it’s going to expand the program from two to 70 manufacturers, according to reports. . The funding round was led by Polychain Capital.