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Workday Acquires Contractor & Vendor Management System VNDLY For $510M In Cash

CB Insights

Workday , a provider of human capital management, payroll, and financial management solutions, has acquired VNDLY , a contractor and vendor management system, for $510M in cash. VNDLY: Ohio-based VNDLY helps businesses manage contractors and other external workforce personnel. The transaction is expected to close in January 2022.

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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., Apologies for the cliché (some of us miss baseball already), but that’s the story with Amazon and its split decision Tuesday (Nov. 13) on its new headquarters. Citi Reaction.

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Why Banks Merge: Listen to the Sellers

Jeff For Banks

will provide greater capital resources and operational scale that will allow us to grow as part of a larger community bank." - Loralee Hutchinson, President of Alarion Financial Services, Inc. Read: We need to be bigger and have more capital to keep up with regulation and the industry. "Our combination. Am I reading it right?

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Passport Raises $8 Million in Series B

Fintech Labs Insights

The Series B round was led by MK Capital, and featured participation from Grotech Ventures and Relevance Capital. Passport CEO Bob Youakim said that the capital infusion would help speed the company’s growth and expansion both in the U.S. The new investment takes Passport’s total funding to $17 million.

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The top-performing community banks of 2021

Independent Banker

First Bank of Ohio. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. If we were to have capital levels more in line with peer averages, we would barely be able to originate and keep mortgage loans of any size. .

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Cafe X in San Francisco is one of the first food businesses to successfully integrate robots into its operations. However, many restaurants that tried to automate their operations have failed, due to high fixed costs and technical complexities. Automatic food: Cafe X. The entire process can take just seconds. Today, just 2,877 remain.

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The 2022 GonzoBanker Awards

Gonzobanker

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Goes to Tom Brown and the Second Curve Capital team for the inspiring message from Clemson CEO Jim Clements. In 2021, there were more than 120 fintech IPOs in the U.S., with Coinbase alone attracting $86 billion.

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