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Veteran community banker Mary Ann Scully to join Capital Bank's board

American Banker

Scully, who founded and then eventually sold Howard Bank, will help the Rockville, Maryland-based Capital expand its footprint in the Washington, D.C., metro area.

Capital 28
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Capitalize on social payments

Independent Banker

Colleen Morrison is a writer in Maryland. “As community banks continue to offer services that support consumer behavior in payments,” says Forman, “you’ll see a shift in folks either wanting to continue to stay with financial institutions, or potentially bringing them back.”.

Capital 94
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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. Durable Capital Partners is based in Chevy Chase, Maryland. British delivery power-house Deliveroo said Sunday (Jan. Fidelity Management & Research is based in Boston.

Maryland 181
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ZeroFOX Notches $74M To Tackle Cyberattacks

PYMNTS

Cybersecurity firm ZeroFOX closed a $74 million funding round led by Intel Capital that will be used to advance cyberattack detection and remediation, VentureBeat reported on Thursday (Feb. Existing investors NEA, Highland Capital Partners, Redline Capital Management, Hercules Capital and Core Capital also participated in the funding round.

Baltimore 130
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Fraudsters Accused In $364M Ponzi Debt Scheme

PYMNTS

According to Reuters , the men — Kevin Merrill of Maryland, 53, Jay Ledford of Texas and Nevada, 54, and Cameron Jezierski of Texas, 28 — falsely claimed to be investment professionals and used a fake portfolio to defraud hundreds of investors. Attorney for the District of Maryland, Robert Hur, said.

Baltimore 167
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FinTech Affirm Raises $500M In Latest Funding Round

PYMNTS

The funding initiative was led by returning investor GIC, a wealth fund established by the Singapore government, and Durable Capital Partners, a Maryland investment company, the release stated. Baillie Gifford, Spark Capital, Founders Fund and Fidelity Management & Research Co.

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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.