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Why a community bank in Missouri is investing in core banking startup Neocova

Bank Innovation

Elizabeth, a Missouri-based community bank with $150 million in assets, investing in a core banking startup is critical for its future. For Brice Luetkemeyer, president and CEO of Bank of St. Together with a group of other community banks, Bank of St. Elizabeth recently invested in Neocova, a St.

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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.

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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

a financial services holding company based in Kansas City, Missouri. In May, Brex closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said. Brex said the FDIC insurance on uninvested cash reserves up to $250,000 is the result of a partnership with UMB Financial Corp. ,

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Farmers Step Up Deliveries In Rural America

PYMNTS

According to Steward, which provides capital and helps farms set up internet platforms, farms have the potential to step up during the virus crisis and show that they can adapt. million in lost revenues, according to researchers from Colorado State University and the University of Missouri. So, home delivery becomes the alternative.

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Deliverr Raises $7.1M In Venture Funding Led By 8VC

PYMNTS

According to reports citing the company, the Series A round of venture funding was led by 8VC, the venture capital company. Deliverr has ten warehouses in states including Texas, Missouri, Pennsylvania, Ohio, and New Jersey. million in a round of venture funding.

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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.

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Southern Missouri Bancorp lines up deal in its home state

American Banker

The company will pay $24 million in cash for Central Federal Bancshares.