article thumbnail

GPS Capital Markets For Sale, Sources Say

PYMNTS

Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. As of last year, the company employed 63 people, reports said, citing Utah Business data. As of last year, the company employed 63 people, reports said, citing Utah Business data. corporates lost a combined $23.39

Capital 108
article thumbnail

Subscription Business Models Lead B2B VC Funding

PYMNTS

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. eFileCabinet.

San Jose 226
Insiders

Sign Up for our Newsletter

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

article thumbnail

Corporate Cards Flex Their Rewards Muscles To Support Business Growth

PYMNTS

"As the business landscape evolves, we're focused on designing offers and solutions that give small businesses the continued support they need to navigate these uncertain times and come out stronger," said American Express Senior Vice President and General Manager, U.S. Divvy Lands $165 Million For Spend Management Tech.

Cards 257
article thumbnail

Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

For example, Whole Foods managers went to a site in Utah that used to be a Kmart. Right now, Whole Foods has about 470 stores around the nation – which isn’t much considering the proliferation of Walmart and Kroger stores, but it now has the capital to expand into previously unreachable areas, like Montana.

article thumbnail

Payroll API Provider Atomic Raises $22M To Expand Its Platform

CB Insights

This round drew participation from Core Innovation Capital, Greylock Capital Management, and Portag3 Ventures. Utah-based Atomic’s payroll APIs connect payroll accounts to third-party apps in order to streamline direct deposit switching and employment/income verification for users.

Utah 78
article thumbnail

Utah’s new regulatory sandbox

CFPB Monitor

Utah Governor Gary Herbert signed H.B. The sponsor of Utah’s legislation, Rep. ” Utah’s regulatory sandbox, which is effective as of May 13, is similar in many respects to Arizona’s sandbox, which began accepting applications in August 2018 and now has six participants. 378 , Regulatory Sandbox, into law on March 25, 2019.

Utah 60
article thumbnail

Surprise Outcomes Edition: Cybercrime, Student Loans And CAN Capital

PYMNTS

The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. server products, including Primavera project portfolio management software.”.

Capital 100