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Promethium Subsidiary Receives First FINRA-Approved Digital Asset Custodianship

Perficient

Promethium Ember Capital, (“PEC”), a wholly owned subsidiary of Promethium, has become the first digital asset custody provider to come under federal regulation. Secondly, as a qualified custodian, which is what the SPBD classification offers, subjects Promethium to provisions of the landmark United States Exchange Act of 1934.

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GoExpedi Closes $25M Funding Round Led By Top Tier

PYMNTS

GoExpedi , an eCommerce, supply chain and analytics startup, has raised $25 million in Series B funding led by Top Tier Capital Partners. CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and other current investors also participated in the round. managing director at Top Tier Capital Partners. “In

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Coronavirus: Economist Says Housing Market ‘Shutdown’ Likely; Zillow Suspends Home Buying With Zillow Offers

PYMNTS

One market expert says that the COVID-19 outbreak will probably bring the housing market to a stop. Many individuals in the United States are also worried about what the economy will signify for their jobs or finances. Kapfidze recommends that in the interim that the government extend lenders lines of credit.

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Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 

PYMNTS

Current investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners also took part. The Berlin-based firm said it plans to use the money to speed up its expansion and “deepen its footprint” in the 50 countries where it currently operates, with a special focus on the United States, Japan and Brazil.

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Why Venture Capital Is Accelerating In Asia — Why It’s Different From The Valley

PYMNTS

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis.

Capital 298
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Investors Back B2B Startups With An Eye On SMB Finance

PYMNTS

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
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In B2B, FinTech And Banks Eye (And Serve) SMB Capital Needs

PYMNTS

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels.

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