Capital Marketing Online Utah 
PYMNTS
APRIL 7, 2017
LendingClub’s former CEO, Renaud Laplanche, who stepped down in May, sending shockwaves throughout the online lending industry, is gearing up to launch a new lender online called Upgrade. including Union Square Ventures, Ribbit Capital, Vy Capital and Silicon Valley Bank.
PYMNTS
JANUARY 10, 2019
The recent woes of Sears and other struggling retailers are seen as an opportunity for the online retail giant. For example, Whole Foods managers went to a site in Utah that used to be a Kmart. In November, Amazon announced the expansion of grocery pickup from Whole Foods Markets through Prime Now in eight more cities.
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PYMNTS
APRIL 7, 2020
Other investors included Sapphire Ventures, Alkeon Capital, Recruit Co., Headquartered in Lehi, Utah, the company offers a variety of messaging solutions that help local companies connect with their neighborhood customers. IVP, Accel, Summit Partners and GV. Podium has raised $92.6
CB Insights
FEBRUARY 13, 2020
As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.
PYMNTS
MAY 4, 2016
According to Wall Street Journal reports, the online lender is shedding 28 percent of its staff and rearranging its executive team. The biggest individual cut will be a Utah office dedicated to lending for medical procedures, but 14 percent of Prosper’s San Francisco- and Phoenix-based workforce is also on its way out the door.
PYMNTS
JUNE 13, 2017
Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. And though its mailing address will be in Salt Lake city, SoFi will continue to operate as it has since its inception — as an online-only institution, with no branches or deposit-taking ATMs. SoFi has confirmed the news.
PYMNTS
JUNE 28, 2019
Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Lulalend lends directly to SMBs that can apply online, with an automated approval process accelerating access to capital.
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