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Enterprise Cloud Platform Company Takes The B2B Venture Capital Lead

PYMNTS

But it was a Bellevue, Washington-based beauty and wellness industry enterprise software firm that secured the largest funding this week, coming in at $160 million. The fundraising was headed up by Advent International via Advent Tech and Sunley House Capital, an Advent affiliate. landed funding rounds. CloudTrucks.

Capital 192
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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.

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Bank planned in nation's capital secures FDIC approval

American Banker

Organizers of Founders Bank in Washington are still need to raise at least $25 million before opening.

FDIC 41
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Former Restaurant Execs Seek $230M For SPAC

PYMNTS

The New York-based corporation, composed of eight experienced restaurant owners, is seeking to raise up to $230 million for a blank-check company, according to a filing with the Securities and Exchange Commission (SEC). In August, Ruby Tuesday Founder Sandy Beall and Doug Jacob, co-founder of the Washington, D.C.-based

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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. and Alibaba in China, may be able to “replace many banks.”

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GE Accounting Lands In SEC Crosshairs

PYMNTS

Securities and Exchange Commission (SEC) has reportedly opened an investigation into the accounting practices of digital industrial company General Electric (GE). Washington Post reports this week said GE revealed the SEC’s probe was linked to its disclosure of a miscalculation in its insurance unit.

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

The company recently announced $10 million in venture capital funding, led by GV and Foundation Capital, while Amicus and Pierre Lamond also participated. Participants in the round also included 42K Investimentos, Chromo Invest and Capital Labs, as well as previous backers Yellow Ventures and Osher Tech.

Fintech 188