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Online B2B Marketplaces See New Funding RoundsĀ 

PYMNTS

million in venture capital. As reported by The Business Times , in Singapore, Tin Men Capital, a venture capital firm focused on B2B tech startups, led a $5 million Series A funding round to invest in RateIt. The company has expanded from Australia to southeast Asia and clients include Lego, Metro, Pandora and others.

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Car Talk: Shift Announces Plans To Go Public

PYMNTS

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. Arison said the move was about adding capital to scale the company. Securing that capital is even more complicated than the IAC merger.

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Grocery Delivery Alabama Startup Shipt Takes On Instacart, AmazonFresh And Google

PYMNTS

David is taking on Goliath as Shipt, an online grocery delivery startup based in Birmingham, Ala., Shipt has raised $40 million in venture capital on top of last yearā€™s funding as initial investors doubled down on their contributions. The Alabama startup eliminates grocery store trips for 20 million families in 47 metro areas.

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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

In my frequent conversations with clients across the UK and Irish banking industry, one of todayā€™s hottest topics is the rise of the challenger banks such as CYBG, Metro and AIB UK, and particularly the neo-challenger banks providing digital-only services, like Monzo, Atom and Starling. Why the intense interest in the neo-challengers?

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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

PYMNTS

Shipt , the online grocery ordering and delivery service, has announced that it has secured $20.1 million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart.

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Top UK Lenders Launch SMB Branch Joint Venture

PYMNTS

Alternative lenders position themselves as faster, technologically-savvy options for small to medium-size businesses (SMBs) that seek capital, while many of the FinServ providers in the running for RBS funds operate as digital-first companies ready to meet small firms’ need for automation, online platforms and cutting-edge banking services.

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High-Profile ā€” But Secretive ā€” Funding For B2B FinTechs

PYMNTS

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,ā€ explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. They need to manage the burn, drift and cut losses.ā€. and the U.S. Alt-Lending.

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