PYMNTS

MAY 12, 2020

To enable greater efficiency and quicker access to working capital for buyers and suppliers, Mastercard has unveiled the rollout of the Track TM Business Payment Service in the U.S. At the time, it was noted that the service would launch globally, beginning with the United States in the first half of this year.

United States 212

United States Payments US Compliance 212

PYMNTS

NOVEMBER 2, 2018

To head off financial risks, the People’s Bank of China (PBOC) plans to manage growth of the money supply. At the same time, the bank said that tariffs by the United States could take away between 0.2 ” The news comes as the PBOC cut its mandate for cash reserves that lenders must hold.

Management 134

Management United States Analysis Policies 134

PYMNTS

MARCH 31, 2020

Huaxing Capital subsidiary Huaxing New Economic Fund headed up the Series C+ round. A Huaxing Capital official called the company “an absolute leader in the industry,” per a translated statement. The investment money will be used to grow into new markets, such as the United States. In July, the company notched $12.36

Industry 144

Industry Capital United States Software 144

Perficient

JANUARY 25, 2023

According to the Federal Deposit Insurance Corporation (FDIC), in 2000, there were 8,000 commercial banks in the United States, but as of March 2022, that number had dwindled to 4,194 operating physical bank branches. Another example is Eno , Capital One’s virtual assistant.

Banking Trends 474

Banking Trends Trends United States FDIC 474

PYMNTS

APRIL 10, 2018

Data needs management, and protecting that data requires vigilance. And yet, many firms do not have the staff in place to manage cryptographic keys. Under the terms of those mandates, effective this year, encrypted keys must be managed in “bundled” blocks. There’s a personal element to the technical wizardry, though.

Management 144

Management Security United States Data 144

PYMNTS

JANUARY 17, 2021

The latest funding comes from HealthQuest Capital , a Belmont, California-based investment fund that focuses on companies in their early stages of growth. The investment will put HealthQuest Managing Partner Garheng Kong on Everlywell’s board of directors, according to a Friday (Jan. 15) tweet from his account.

Austin 187

Austin United States Texas California 187

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. 12) announcement. The company says that over $18.5

Payments 182

Payments United States Software California 182

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Current investors from A91 Partners, MAJ Inevst, LGT Lightstone and Falcon Edge Capital also participated.

Capital 288

Capital Lending Cards United States 288

CB Insights

JULY 25, 2017

The United States is home to 105 unicorn companies valued at $1B+. The three most active investors in US-based unicorns, by total number of deals to these companies, are the VC firms Sequoia Capital, Andreessen Horowitz, and Tiger Global Management. The United States of Unicorns: Private US Companies Valued at $1B+.

United States 75

United States US Illinois Utah 75

PYMNTS

MAY 29, 2018

billion) and operates 530 stores in countries including the United States and China. As of 2018, it generates around £879 million per year ($1.17

Management 100

Management United States Branding Maine 100

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week. million (about $14.86

Innovation 174

Innovation Capital Security United States 174

PYMNTS

SEPTEMBER 5, 2019

5) the launch of Stripe Capital to simplify the way internet companies can access funds. It remains difficult for online businesses to get access to capital. Stripe Capital makes it easy for internet businesses to get the funds they need when they need them,” said Will Gaybrick, Stripe’s chief product officer.

Online 152

Online Capital United States Company 152

PYMNTS

JANUARY 25, 2021

One idea is a 9 percent core capital mandate on the top tier. Global FDI dropped by 42 percent last year, and COVID-19 will keep impacting it in 2021, according to a UNCTAD report, as China reaps more foreign funds than the United States. It seeks to put non-bank financial firms into one of four categories. trillion in 2019.

United States 217

United States Regulation Payments Lending 217

PYMNTS

JUNE 3, 2020

SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address racial inequities in the United States amid coast-to-coast protests over police brutality. “This is our opportunity to remove those barriers for a new generation of founders.”

Minneapolis 132

Minneapolis United States America Capital 132

PYMNTS

APRIL 4, 2019

Small and medium-sized business spend management firm Bento for Business is teaming up with Visa to enhance cash flow management for SMB customers. Current holders of Visa business debit cards will be given access to Bento’s financial solutions, including expense and spend management, budgeting and bookkeeping functionality.

United States 180

United States Management Cards Tools 180

PYMNTS

FEBRUARY 21, 2020

In that role, El-Hindi will apply his FinCEN experience to “help lead the vision, design and development of the Treasury’s agency-wide data and information management strategies,” per an announcement. “As In the digital innovation officer role, he will work to engage with new financial innovations and technologies.

Innovation 250

Innovation National United States Leadership 250

PYMNTS

SEPTEMBER 16, 2019

The FinTech startup focuses on helping parents raise financially savvy kids using an app-based debit card that is managed by parents. Greenlight has built an incredible platform that makes it convenient and safe for parents and kids to manage their money. Allowances are big business in the United States.

Tools 112

Tools United States Capital Cards 112

PYMNTS

APRIL 21, 2020

To speed up its global expansion, digital travel management firm Itilite has notched $13 million in a Series B round led by Vy Capital and Greenoaks Capital. The firm’s clients are mainly in India, but also extend to Southeast Asia and the United States.

United States 141

United States Capital Maine Report 141

PYMNTS

MAY 27, 2020

Newkirk has held multiple leadership roles at Capital One since 2008, most recently as president of Small Business, International & Walmart Partnership. The executive headed up a diverse tram of associates throughout six businesses, and he served on the Capital One Executive Committee as of 2016. and New York. and New York.

Strategy 131

Strategy Leadership United States Washington 131

PYMNTS

AUGUST 27, 2019

Funds also came from Liberty Mutual Strategic Ventures, Active Capital Partners, Florida Funders, Deepwork Capital and Engage. Forté Ventures Founder and Managing Partner Tim Hawkins thinks Homee’s focus can rise above competitors. . “We The new funding brings Homee’s total raised to nearly $30 million.

Tampa 128

Tampa Florida United States Capital 128

PYMNTS

DECEMBER 5, 2016

On this day 83 years ago, the United States government pulled the plug on one of the great failures of social engineering in American history — prohibition. server products, including Primavera project portfolio management software.”. But the world is full of unexpected costs — just ask the team at CAN Capital.

Capital 100

Capital San Francisco Bitcoin United States 100

PYMNTS

OCTOBER 9, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Kibo added, “We love global companies with very capital efficient structures.”.

San Francisco 196

San Francisco Capital United States Big Data 196

PYMNTS

DECEMBER 4, 2019

Sequoia Capital led the round, with participation from Tiger Global Management, Spark Capital and existing investors Forerunner Ventures, IVP, Thrive Capital and Index Ventures. In separate news, Glossier announced in March that it had notched $100 million in Series D funding that it will use to grow the beauty company.

Los Angeles 131

Los Angeles New York Miami Austin 131

PYMNTS

JUNE 19, 2019

News comes Wednesday (June 19) that, per Reuters, SmartRent has landed $32 million in funding from Bain Capital Ventures and other investors. Bain Capital Ventures owns roughly 1 million apartments in the United States and put up the bulk of the funding tied to a Series B round.

Strategy 101

Strategy Capital United States Conference 101

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. It’s very difficult for a bank to justify [accounts receivable] AR financing that effectively puts capital at risk,” he said.

United States 286

United States Regional America Trends 286

PYMNTS

MAY 28, 2018

To make sure they can compete with the United States and China, France and Germany want an EU-wide initiative that will fund innovation and research in tech startup projects across the region. According to Reuters , Europe has lagged behind the United States in developing new technologies. billion euros ($1.75

US 108

US United States Samsung Innovation 108

PYMNTS

JANUARY 13, 2021

Globe Fintech, which is called Mynt, said Bow Wave Capital Management and existing investors took part in the fundraise. International travelers aiming to visit the United States might have to show that they had a negative COVID-19 test prior to boarding an aircraft, according to a published report.

Video 130

Video United States Mobile Payments 130

Bank Innovation

MARCH 7, 2018

In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

San Francisco 236

San Francisco Fintech United States Marketing 236

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G. Behind Sysco’s Spend Management Switch To Cards. Trackers and Reports.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

JULY 8, 2020

With this, the company would be rejecting a competing financing offer from senior lenders, including Apollo Global Management , sources said. But senior lenders including Apollo, Davidson Kempner Capital Management and Ares Management Corp.

United States 132

United States Management Capital Groups 132

PYMNTS

JULY 22, 2019

has announced the launch of a venture banking and lending business to provide debt capital financing and commercial banking solutions to growth companies and their investors. Stifel offers senior secured loans up to $40 million for working capital and growth capital needs. Stifel Financial Corp.

Lending 100

Lending United States Boston Capital 100

PYMNTS

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. The new cloud-based system can help FIs manage loans from origination and review to renewal and modification.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

APRIL 24, 2018

According to Reuters , hedge fund managers at the 2018 Sohn Investment Conference in New York offered stock ideas that would benefit from the steadily growing influence of millennials, who are expected to become the largest generation in the United States in 2019. billion Long Pond Capital hedge fund, pitched U.S.

Millennials 100

Millennials NV United States New York 100

PYMNTS

MARCH 20, 2019

Sequoia Capital led the round, with participation from Tiger Global Management, Spark Capital and existing investors Forerunner Ventures, Thrive Capital, IVP and Index Ventures. Glossier announced that it has raised $100 million in Series D funding that it will use to expand the beauty company. ”

Capital 100

Capital United States Branding Operations 100

PYMNTS

JUNE 11, 2020

Mark Manduca, associate director of EMEA research at Citi, told CNBC’s Capital Connection that he is seeing “green shoots” on the recreation travel side of the battered airline sector, the network reported on Thursday (June 11). “If

United States 130

United States Industry Capital Groups 130

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. Here In The States.

Community Bank 183

Community Bank Community Fintech Arizona 183

Let's Talk Payments

JUNE 7, 2019

Increasing access to capital, consumer awareness, and acceptance to new ways of managing finances and other ecosystem drivers have been attractive for entrepreneurs in 2018 as well. A growing number of new players in any industry is a sign of an expanding market and opportunities for innovators. FinTech is not an exception here.

Fintech 107

Fintech United States blockchain Financial Technology 107