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OneStream Raises $200M In Series B Funding Led By D1 Capital Partners

CB Insights

OneStream Software , which provides corporate performance management (CPM) solutions, has raised a $200M Series B. The round was led by D1 Capital Partners with participation from Tiger Global Management and Investment Group of Santa Barbara. How’s the company performing? Want the full post? Become a CB Insights customer.

Capital 45
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New Unemployment Claims Down 48K To 709K

PYMNTS

31 were in Illinois (+20,377), Kentucky (+3,868), Pennsylvania (+3,768), Ohio (+3,766) and Kansas (+2,711), while the largest decreases were in Massachusetts (-8,470), Georgia (-6,442), New York (-5,883), Michigan (-3,067) and New Jersey (-2,500). The highest insured unemployment rates in the week ending Oct. and Alaska (6.1).

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VCs Back Autobooks For SMB Banking

PYMNTS

The company cited research from Below Research that found 70 percent of SMBs say they would use a cash flow management solution if it were offered by a bank, representing a gap between what small businesses want and what they get from their banks.

Detroit 122
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Continuous Financial Education for Women Small Business Owners

FICO

FICO-hosted panel at NAWBO’s 2022 Advocacy Days discusses how financial education impacts access to capital and business growth for small businesses. To learn more about SABF and to access financial management education resources and tools, visit www.fico.com/sabf. Continuous Financial Education for Women Small Business Owners.

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How Credit Unions Help SMBs Get Creative To Navigate Market Uncertainty

PYMNTS

Small businesses are turning toward their financial service providers now more than ever, not only for access to working capital and key products to run their business, but also for advisory services and guidance on how to navigate today's volatile market.

Marketing 165
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Fifth Third Taps Accion To Reach More SME Borrowers

PYMNTS

Reports late last week said the bank will work with SME lending portal Accion, a nonprofit company, to facilitate the financing of these companies across five states: Florida, Indiana, Illinois, Michigan and Ohio.

Indiana 109
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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

April Clobes , CEO of Michigan State University Federal Credit Union , has made it mandatory for activities involving the “four C’s” – Coach, Collaborate, Create, Connect (culture activities) – to be done in person. Financial institutions are working hard to create schedules and events to make their office more of a destination.