PYMNTS

JANUARY 24, 2020

WEX is purchasing the Australian eNett from Travelport and its owners, partnered with Siris Capital Group and Elliot Management Corporation’s private equity affiliate, Evergreen Coast Capital Corp. The move positions WEX to establish a leadership position in the growing global travel market.

Payments 132

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PYMNTS

MARCH 20, 2019

Bitcoin’s share of the total cryptocurrency market is close to falling below 50 percent for the first time in over seven months. percent of the market’s total capitalization, falling to a low of 50.54 Before 2017, bitcoin held more than 70 percent of the market — but that was before new cryptos came on the scene.

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PYMNTS

JULY 16, 2019

Six-year-old digital payments startup SumUp has managed to secure a 330 million-euro ($371 million) loan, backed by Bain Capital Credit and Goldman Sachs Private Capital. The firm is reportedly looking to grow its customer base in the 31 markets where it is already doing business.

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CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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PYMNTS

AUGUST 27, 2019

Before joining Udacity, Dalporto was at LendingTree , where he served in several leadership roles throughout his seven-year tenure, including chief marketing officer and chief financial officer. Its investors include Bertelsmann, Andreessen Horowitz, Charles River Ventures and Drive Capital.

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PYMNTS

FEBRUARY 19, 2019

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. months in the first half of 2018, from 5.6 months in the first half of 2017. .”

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Gonzobanker

AUGUST 10, 2023

As bank executives navigate rising rates, margin compression and recession risk in 2023, a striking reality has seeped into leadership meetings: the hybrid workplace is here to stay, and there’s a ton of strategic ramifications to this new aspect of the business. Pretty soon the shareholders will begin forcing this blunt question.

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PYMNTS

JULY 28, 2019

billion) online food ordering business that is expected to be more competitive to younger rivals Uber Eats and Deliveroo. The proposed takeover could create a powerful online food delivery group across Europe. Just Eat is focused on the markets in the U.K. There is “no certainty” that any transaction will happen.

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PYMNTS

NOVEMBER 24, 2020

Indian digital payments platform Cashfree has just landed tens of millions in new capital to help fuel its expansion, the Bengaluru-based company announced on Tuesday (Nov. The coronavirus pandemic has also helped boost Cashfree’s growth as Indian businesses and consumers ramp up their online sales and purchasing activity.

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PYMNTS

JUNE 4, 2019

Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. In a press release , Biz2Credit said the Series B funding round was led by WestBridge Capital.

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PYMNTS

DECEMBER 13, 2019

Venture capital (VC) is far from the only funding source for B2B FinTechs. Despite a growing array of options, venture capital remains a solid funding source for B2B FinTechs, with this week’s roundup accumulating $104.4 The solution provides a short-term working capital solution by financing unpaid invoices at a discount.

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PYMNTS

JULY 28, 2016

Shipt , the online grocery ordering and delivery service, has announced that it has secured $20.1 million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart.

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PYMNTS

MAY 15, 2018

A press release issued Monday (May 14) said Edison sold its stake in Billtrust to private equity firm W Capital Partners. He saw the opportunity in this market before the FinTech ecosystem declared enterprise-focused FinTech a ‘cool’ sector. “I look forward to many more years working in close partnership with the team at Edison.”

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PYMNTS

JULY 18, 2018

dollars on its balance sheet after it raised $4 billion in new capital late last year. Building on its leadership and expertise in the global online travel market, Booking is championing a digital revolution of travel experience.

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PYMNTS

NOVEMBER 9, 2018

Dormify will use the investment to scale talent, expand pop-up locations and enhance the online experience. “We’re pleased to continue the partnership, with our commitment signaling our confidence in Dormify, the leadership team and a shared vision of the future growth opportunity.”

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PYMNTS

JANUARY 18, 2018

The FinTech startup iKaaz, which was founded in 2012, has a cloud-based platform for online merchants, point-of-sale hardware for retailers and a mobile wallet for customers who want to make digital payments. The existing MOWA wallet that serves the India market will continue as a separate company with its own leadership and staffing.

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PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

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PYMNTS

DECEMBER 21, 2016

POS platform company Appetize recently announced that it had closed a $20 million investment round led by Shamrock Capital Advisors and Oak View Group, among others. Appetize provides fixed POS for iOS and Android, self-serve kiosks, handheld POS, online and mobile ordering, robust back-end inventory and reporting management tools.

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PYMNTS

MAY 22, 2018

Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce — enabling real-time experiences across the entire customer journey,” Brad Rencher, digital experience executive at Adobe, said in a statement to CNBC. Earlier this month it launched Fraud Protect by Shopify Payments.

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PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. Sempli said the funding bolsters its balance sheet and supports its effort to strengthen its position in the country, which is Latin America’s third-largest market for small business lending. said this week. ZenBusiness.

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PYMNTS

FEBRUARY 26, 2020

The new platform provides dynamic marketing campaigns based on members’ transactional, lifestyle and behavioral data. The collaboration aims to fill one-third of CU leadership positions with diverse individuals by 2030, and plans to provide education services, referrals and consulting services to execute this diversity initiative.

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Abrigo

FEBRUARY 23, 2022

The ABA stated in its October 2021 State of Digital Lending report that “baby boomers, who until 2020 lagged in digital adoption, upped their online game, with 68 percent skipping human interaction to make a decision about banking products, up from 55 percent before the pandemic.” According to a J.D keep me informed. Read Whitepaper.

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Bank Innovation

FEBRUARY 8, 2017

Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Fiserv also supports this site’s Read More.

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PYMNTS

SEPTEMBER 15, 2016

PayU , the global online payment service provider, announced on Wednesday (Sept. Under the terms of the deal, PayU can also bring additional financial services to the market for its business and consumer customers. 14) that Citrus Pay , an Indian payments technology player, will become part of its Indian operation.

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Jeff For Banks

DECEMBER 10, 2023

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance more than those that make those investments. Total return includes two components: capital appreciation and dividends. The Bancorp, Inc.

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Celent Banking

APRIL 28, 2017

Most industry observers have focused on FIS’s preoccupation of late with its integration of the SunGard corporate banking and capital markets products with FIS’ existing retail-oriented bank IT solutions. As Ford has shown with its 3.5L

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PYMNTS

DECEMBER 9, 2016

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. They need to manage the burn, drift and cut losses.”. and the U.S. Alt-Lending.

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Abrigo

AUGUST 5, 2016

A new market formed as consumers sought these unique planes, whereas previously they simply sat at home and made their own. Costs eclipsed revenue for several months and the company's leadership became worried. To solve this problem, the leadership selected a few planes that they loved the most and were the best at producing.

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PYMNTS

MAY 12, 2017

The Spanish company’s Series A funding was led by Atomico and Idinvest, while Point Nine Capital, La Famiglia and Samaipata Ventures also participated. The company supports payment on its online and mobile app platforms. Reports said OnTruck will look to expand across Europe, including the U.K. Alternative Finance. Invoice Bazaar.

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Celent Banking

APRIL 28, 2017

Most industry observers have focused on FIS’s preoccupation of late with its integration of the SunGard corporate banking and capital markets products with FIS’ existing retail-oriented bank IT solutions. As Ford has shown with its 3.5L

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Perficient

MAY 21, 2021

Deepti Dhar’s Bright Paths Project: Welcome to Stock Market. Deepti graduated with a Bachelor’s degree and diploma in Business Administration with a specialization in Marketing and worked as a Relationship Banker and as a Marketing Coordinator for the banking industry. Bright Paths Project: Welcome to Stock Market.

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PYMNTS

AUGUST 24, 2018

The site Baltic-course.com noted that the two new co-owners put two million Euros in the bank to boost its capital position. TransactPro itself is likely looking to diversify beyond its home base and processing activities, spanning payment card issuance, acquisition and online payments. percent to 15.4 percent to 5.8 million Euros.

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Independent Banker

AUGUST 25, 2016

You can feel the energy boost at Park Bank from its leadership development program. It really gives people a sense of ownership,” explains James Hegenbarth, the bank’s president and CEO of the employees who have participated in the leadership development program. “It Wisconsin bank uses LEAD FWD Summit as a development resource.

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Gonzobanker

DECEMBER 14, 2023

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units.

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PYMNTS

APRIL 9, 2018

The change, according to sources, could be online as early as 2020. The transition, which has reportedly been code-named Kalamata, remains in its infancy – though the broad stroke is said to have been approved by Apple’s executive leadership. But Goldman Sachs has been pushing for growth of late, and expanding into new markets.

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PYMNTS

OCTOBER 22, 2019

Not much of a surprise, she noted, since the data also indicated that three-quarters of all dollars raised out of venture capital sources flow to firms with entirely male founding teams. “We However, in Canada, there is an additional complicating factor, which is how fast the market is going digital.

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PYMNTS

APRIL 16, 2019

to help build a new, free and public library in the capital of the Midwest – a gesture that can still make the city’s locals smile with awe and gratitude. After much of Chicago burned to the ground in 1871, rebuilding the city involved various fundraising and restorative strategies.

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