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Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO

PYMNTS

The new funding, according to the announcement, comes from two existing investors: Durable Capital Partners and Fidelity Management & Research. The online food delivery market is nascent and underpenetrated. Durable Capital Partners is based in Chevy Chase, Maryland.

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Capitalize on social payments

Independent Banker

The opportunity for banks is to create a safer environment, a safer process,” shares Mickey Goldwasser, vice president of marketing and chief of staff at payments provider Payrailz, the white-label P2P solution that powers CHUCK. Colleen Morrison is a writer in Maryland.

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Former NSA Chief Lands Top B2B VC Funds For Cybersecurity Startup

PYMNTS

This week’s B2B venture capital roundup includes a strong showing from one uncommon market: Brazil. The nation secured significant funding for startups operating in the spaces of logistics and cybersecurity – the two B2B markets that landed the most investment this week. But it was one U.S. National Security Agency chief.

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Turo Sets Its Sights Overseas With Expansion Into The U.K.

PYMNTS

is the company’s most searched destination when it comes to traveling outside of North America, thus the expansion into the market. The company has raised more than $205 million from Kleiner Perkins, August Capital, Shasta Ventures and Google Ventures. According to reports citing Turo Chief Executive Andre Haddad, the U.K.

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Coinsource Brings Bitcoin ATMs To The Midwest

PYMNTS

Coinsource , the largest network of bitcoin ATMs in the United States, recently announced it placed three new machines in St Louis, Missouri — the company’s first foray into the Midwest market. Also on the radar for 2017 are potential new Coinsource ATMs in Maryland, Massachusetts, Washington, D.C., Founded in Feb.

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Morty Raises $3M To Bring Its Online Mortgage Platform To The Masses

PYMNTS

Morty, reported TechCrunch, is launching with 10 lenders in 10 markets in the U.S. The $3 million in funding was led by Thrive Capital, including participation from SV Angel, Techstars, FJ Labs, Corigin Ventures, MetaProp and a number of angel investors, reported TechCrunch. In the future, Morty plans to add more markets.

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Xometry Raises $23M To Grow Marketplace

PYMNTS

Small to medium-sized manufacturers represent a more than $50 billion market in the U.S. Xometry, the leading on-demand manufacturing marketplace platform, was created to solve both problems, said Bill Cronin, SVP of marketing at Xometry. Founded in 2014, the Maryland-based company has grown rapidly over the past few years.

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