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VentureTech 21 – What CUs, Fintechs and Investors need to know about the industry’s showcase

William Mills

More than 200 people packed the room at Encore at Wynn Las Vegas to watch 14 fintechs give 15-minute demos, intending to secure funding from and/or partnerships with credit unions and CUSOs.

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High Times Plans Brick-And-Mortar Locations

PYMNTS

announced it would be bringing a flagship retail store to Los Angeles and Las Vegas. They will operate under the logo and name of High Times. At the same time, different state laws make it a difficult space in which to operate. Hightimes Holding Corp. A disadvantage of strong demand is that there is not enough product.

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Marqeta Expanding Overseas, Sets Up Shop In The UK

PYMNTS

During an interview at a conference in Las Vegas Jason Gardner, the founder and chief executive of Marqeta, said the U.K. We have invested an enormous amount of resources in tech and operations, and have been quietly building a presence there,” Gardner said. than the startups operating out of the U.S. percent in the U.S.

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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

PYMNTS

As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. The automaker is also reportedly joining the Open Platform operated by Lyft for autonomous cars. Ridesharing.

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Macy’s Spotlights Women-Owned Businesses With SoGifted

PYMNTS

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. The retailer is opening SoGifted shops in its flagship Manhattan store and six other locations. Lauderdale. 14 at 6:30 p.m.

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Kyriba Payments Network Tackles CFO Mandate

PYMNTS

With hundreds of banks and nearly a million payments per month, Kyriba streamlined our treasury operations, helped us reduce risk by 10x and eliminated more than half of our payments banks, making the team more efficient and effective to support the enterprise.”.

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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers

PYMNTS

We believe this is a critical component to getting the economy moving again, and we would like to partner with companies and entrepreneurs that can draw on our capital and expertise to stabilize and grow their business,” Bloom said, according to CNBC. mall owner General Growth Properties (GGP) in 2018.

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