Remove Capital Remove Lending Remove Samsung Remove Technology
article thumbnail

Financial Services Platform SoFi Plans IPO Via SPAC

PYMNTS

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. Social Capital Hedosophia is one of three special-purpose acquisition companies (SPACs) on the lookout for investment opportunities. V to file an initial public offering (IPO). . billion in cash proceeds.

Samsung 183
article thumbnail

Swift Prepaid, Bitty Pair Up For Virtual Merchant Cash Advances

PYMNTS

Payments company Swift Prepaid Solutions and small business financier Bitty Advance are collaborating on technology to accelerate small businesses’ access to merchant cash advances. The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay.

Samsung 162
Insiders

Sign Up for our Newsletter

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

article thumbnail

Bank Of America’s Corporate Banking Lead To Depart

PYMNTS

The unit handles the bank’s corporate lending, M&A advisory services and capital raising operations. Earlier this year, the bank announced the launch of new features for its CashPro Mobile platform, adding biometrics and embedded token technology into its corporate mobile banking offering.

America 135
article thumbnail

Warehouse Robots, AltFin And Cybersecurity Top B2B Funding

PYMNTS

Based in France, Exotic Solutions provides warehouse services with its robotics technology. million from Iris Capital, while existing backers 360 Capital Partners and Breega also participated. The California firm announced $12 million in Series B funding in a press release this week, noting Tola Capital led the funding.

Analytics 100
article thumbnail

Social Capital Teardown

CB Insights

This teardown features annotations & commentary by four Social Capital partners. Thanks to the Social Capital team for updating/confirming their portfolio data on the CB Insights Editor. Social Capital is a VC fund with a focus on healthcare and education. CB Insights Note. Investment syndicates. BEST OF DISRUPTION REPORT.

Capital 34
article thumbnail

26 Unicorn Companies That Exited In 2018

CB Insights

China Development Bank Capital, Coatue Management, Hillhouse Capital Management, IDG Capital, Temasek Holdings, Tencent Holdings, Tiger Global Management. Select Investors : Credit Suisse, Deutsche Bank, DST Global, GGV Capital, Goldman Sachs, IDG Capital, J.P. Salesforce Ventures, Sequoia Capital, Y Combinator.

Company 70
article thumbnail

Q&A: The Next Leg Of Fintech Innovation

CB Insights

Will all neobanks die as big tech companies launch new products (Facebook Financial, Apple Pay, Samsung Money, etc…)? As of Q2’20, there may still have been some hesitation for investors to start deploying capital again. Lending : Zinobe , ADDI , and KrazyBee , which provide lending solutions to the unbanked/underbanked. .

Fintech 46