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B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news of the week comes from TripActions , a corporate travel solutions provider that secured unicorn status with its latest fundraise (the largest in this week’s breakdown).

Software 158
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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. • Charlotte, North Carolina – Park Sterling Bank ($263 million). Flagstar capitalizes on going local, too.

Cleveland 150
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Banking"s Top 5 Total Return to Shareholders: 2020 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. First Capital, Inc. Silvergate Capital Corporation (NYSE: SI) Here we are. leverage ratio combined with their internal profit generation tells me they will be extending the proverbial hat to investors for more capital to support their growth.

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Regulators Need to Approve New Types of Banks: N.C. Banking Commish

American Banker

Ray Grace, North Carolina's banking commissioner, believes federal bank regulators should embrace charters for banks dedicated to innovation. Doing so, he said, would help the banking industry secure its spot as a "laboratory for change.".

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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). 15 million to security provider Trulioo. HQ: Charlotte, North Carolina. Indexa Capital.

Company 12
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Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

HQ: Morrisville, North Carolina. Tags: Institutions, security, authentication, voice biometrics, payments, mobile. Platform for investing in early-stage startups. Latest round: $14.4 million Debt. Total raised previously: Unknown. HQ: New York City. Source: Crunchbase. OK Car Insurance. Online automobile insurance.

Company 12
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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. Silvergate Capital Corporation (NYSE: SI) Here we are again. Silvergate had $150 million in total revenue over the past twelve months, and has a market capitalization of $4.7 Live Oak Bancshares, Inc.

Capital 78