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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.

National 150
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Alphabet-Backed Healthcare Startup, One Medical, To IPO

PYMNTS

Other investors include Benchmark Capital Partners, which owns 13 percent, and Oak Investment Partners, with 11.4 According to the filing , One Medical has nine locations — Boston, Chicago, Los Angeles, New York, Phoenix, San Diego, the San Francisco Bay Area, Seattle and Washington, D.C.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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Logistics Startup Darkstore Scores $1.4M Seed

PYMNTS

million in a seed funding round led by VC firm PivotNorth Capital. On the delivery end, Darkstore has partnered with a spread of startups and local and national courier and major shipping companies to then ship out same-day. Darkstore already operates in San Francisco, Phoenix and New York City.

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Virtual Cards Can Be Valuable For Analog Industries

PYMNTS

The latest Workforce Spend Playbook explores new solutions that are enabling construction firms and other SMBs to maximize their capital, pinpoint cost-saving opportunities and improve their cash flows. Virtual and purchasing cards can also save money, according to the National Association of Purchasing Card Professionals.

Industry 169
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Morning Scan: Wells Claws Back Bonuses; Goldman Goes Flexible

American Banker

Deutsche sells insurer: Deutsche Bank, which is under heavy pressure to raise capital, said Wednesday it sold its Abbey Life insurance unit to Phoenix Group Holdings for $1.22 Breaking News This Morning. The bank's stock, which hit a 33-year low earlier this week, as it faces a potential $14 billion penalty in the U.S.

Phoenix 28
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East Africa M&A Moment: June 2015

Bankelele

Burbidge Capital also found that Kenya’s merger & acquisition deals slowed down in 2015 – with 11 M&A deals so far compared to 17 in the first four months of 2014. Treasury secretary Henry Rotich said National Bank would be merged with another bank before it’s planned rights issue. in UAP Holdings. in UAP Holdings.

Groups 28