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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Regional players like BankUnited have even smaller market caps (at about $2 billion). On a dollar-for-dollar basis, investors are willing to pay more for the challenger bank than the stalwart.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

“Verizon launched the world’s first commercial 5G Ultra Wideband network in October 2018 with the rollout of 5G Home broadband internet service in Houston, Los Angeles, Sacramento and Indianapolis,” the company said. As PYMNTS has reported , Verizon plans to bring its 5G technology to 30 U.S. 5G Potential. 5G Potential.

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Tech Center: Startup Genome’s 2017 Global Startup Ecosystem Report

PYMNTS

This report purports that technology is the game changer when it comes to bridging the gap between the startup-heavy places, like Silicon Valley and Boston, and the rest of the world. The technology industry currently sits at 4.5 percent, this means the technology industry is growing twice as fast as the worldwide economy.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Regional players like BankUnited have even smaller market caps (at about $2 billion). On a dollar-for-dollar basis, investors are willing to pay more for the challenger bank than the stalwart.

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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. For the retailer, there are real technological barriers: Most retailers have limited technology experience — even the more sophisticated operators — and many do not have even basic websites.

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The Top 20 Venture Capitalists

CB Insights

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. We used CB Insights data gathered via our machine learning technology (dubbed The Cruncher ) and from thousands of submissions we received from VC partners and firms via The Editor.

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Capriza Raises $23 Million in Series C

Fintech Labs Insights

In a round led by Andreessen Horowitz, enterprise mobility specialist Capriza has raised $23 million in new capital. ” Pictured (left to right): Stephen Insdorf (Senior Solution Engineer) and Ivan Prafder (VP, Regional Business Development) demonstrating the Capriza platform at FinovateFall 2015 in New York. .”