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Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas

PYMNTS

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser.

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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised. Back in the U.S.,

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15 Early-Stage Drone Companies To Watch

CB Insights

Headquarters: Reno, Nevada. Select Investors: Bessemer Venture Partners, Lowercase Capital, Menlo Ventures, Qualcomm Ventures. Select Investors: Lux Capital, Social Capital. Select Investors: Draper Associates, NASA, Pelion Venture Partners, Sherpa Capital. Select Investors: Lux Capital. Teal Drone.

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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. One of their biggest ventures was an online platform aggregating New Years Eve parties across the globe. We are the “Amazon” of Cannabis, the largest online marketplace in the world.

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Here Is the Latest Credit Data To Keep Your Bank Safe

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. As can be seen, Georgia, California, and Nevada have the highest levels of probabilities of defaults and some of the highest increases. ” The reality is that banks should be much more granular in their ratings to allocate capital more efficiently.

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PaySwag Helps Cloud Lending Solutions Go Mobile

Fintech Labs Insights

“Through the synergy between our companies, we’ve greatly reduced our default rates,” Car Loans Director of Operations Barbara Mearse said. Native to Salesforce, the company provides solutions for microfinance, traditional, equipment, and online lending, as well as commercial and consumer finance. Max Hanes is CEO.

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33 Ways Drones Will Impact Society: From Fighting War to Forecasting Weather, UAVs Change Everything

CB Insights

As more companies look to capitalize on these commercial opportunities, investment into the drone space continues to grow. But drones can also be ground or sea vehicles that operate autonomously. Many of the drones are being designed exclusively for surveillance, but others for offensive operations. Conservation.