Remove Capital Remove Management Remove North Carolina Remove Online
article thumbnail

Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Vancity said it has agreed to collaborate with North Carolina-based nCino to implement the latter’s Bank Operating System, which will replace its 15-year-old network. The new cloud-based system can help FIs manage loans from origination and review to renewal and modification.

article thumbnail

Drone Company Flytrex Secures $7.5 Million

PYMNTS

The funding round was led by Benhamou Global Ventures (BGV) with additional capital from Btov. The company also partnered with online marketplace Aha in 2017 to debut an on-demand delivery service in Iceland’s capital, Reykjavik. Flytrex also has plans to expand into North Carolina.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. It is a Minority Depository Institution (MDI) and is one of only a few North Carolina banks designated by the U.S. As both an MDI and CDFI, it applied for and received $80 million from the Emergency Capital Investment Program (ECIP) distributed by the U.S.

Fresno 103
article thumbnail

B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

With artificial intelligence (AI), Fraugster has developed a software solution that prevents fraud for online retailers, analyzing data from multiple sources and cross-checking information to determine whether a transaction is fraudulent or not. Features include project management, reporting, quoting, billing and calendaring.

Software 158
article thumbnail

Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion

PYMNTS

Dutch global grocery conglomerate Ahold Delhaize — the firm behind grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect in an attempt to up the level of its digital grocery offerings amid the online shopping surge created by COVID-19. “We Farmstead Picks Up $7.9M

article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Nobody is quite sure which side this seesaw will land on.

Fintech 195
article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. billion of assets under management. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. Best of luck in the next chapter, Chris!

Idaho 148