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Echelon Pulls In $65 Million In Funding As ‘Connected’ Fitness Takes Off

PYMNTS

Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Lou Lentine , Echelon president and CEO, said his company was dedicated to offering innovation along with “affordable prices.” million from $228 million a year ago.

Tennessee 204
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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country. We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms.

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D3 Secures $10M For Digital SMB Banking Efforts

PYMNTS

. “The past year we have seen a shift in the industry with leading financial institutions seeking modern solutions that provide the foundation required for developing a digital strategy that extends into the future,” he said, pointing to recent deals with Arvest, First Tennessee Bank and IBERIABANK.

Security 100
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Car Subscription Market Set To Grow 71 Percent By 2022

PYMNTS

BMW, for example, launched a pilot dubbed Access by BMW in Tennessee. Here is how different industries are innovating with subscriptions. Reuters , citing comments that Co-founder Thomas Griesel made to a German newspaper, reported that the company wants to capitalize on a growing demand for ready-made meals. “We in Q2 2018.The

Marketing 110
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Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors

PYMNTS

The chain announced it will be pouring more capital back into its workforce via bonuses and an improved benefits package following U.S. Lowe’s also plans to grow its supply chain by opening its first direct-to-consumer fulfillment center in Nashville, Tennessee. tax reform.

Nashville 100
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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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This Time, We Want You To Drink The Kool-Aid

PYMNTS

Though native to Nebraska, the people of Memphis, Tennessee, drink the most Kool-Aid in the nation, followed by Little Rock, Arkansas; St. Whether it’s FI’s fascination with bitcoin three years ago – which, by the way, continues with the recent news of Coinbase’s $1.6 Louis, Missouri; Oklahoma City, Oklahoma; and Jacksonville, Florida.

Nebraska 131