PYMNTS

DECEMBER 15, 2020

billion and gave it an implied market capitalization of $14 billion. Wish, which is based in San Francisco and was founded in 2010 by ex-Google engineer Peter Szulczewski, runs an online marketplace known largely for selling discounted items from China. This helped Wish raise $1.1 The company said it made over $1.7

Report 235

Report San Francisco Capital America 235

PYMNTS

JANUARY 11, 2019

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Testing was set for early 2019 in the San Francisco area. Postmates Funding. billion valuation.

Online 176

Online San Francisco Capital Operations 176

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. The news reveals CEO Anthony Noto 's aspirations to go public after he succeeded SoFi Co-Founder Mike Cagney in 2018.

Report 269

Report San Francisco Lending America 269

PYMNTS

JUNE 29, 2020

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. Arison said the move was about adding capital to scale the company. Securing that capital is even more complicated than the IAC merger.

San Francisco 245

San Francisco Metro Online Capital 245

Bank Innovation

MARCH 9, 2018

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

San Francisco 276

San Francisco Fintech Innovation Technology 276

PYMNTS

MAY 7, 2020

As COVID-19 has forced shutdowns and social distancing, web sales have been on the rise, and many entrepreneurs are moving their business models online. With Square Online Checkout, the San Francisco mobile payment company hopes to capitalize on this shift by offering companies what it claims is an easier way to accept online card payments.

Tools 153

Tools San Francisco Payments social media 153

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

JANUARY 30, 2019

Stripe, the San Francisco digital payments startup, has landed a $100 million investment from Tiger Global Management, boosting its valuation above $20 billion. Stripe is a leader in the market, with its platform that enables electronic payments and secure transactions both in-store and online.

San Francisco 205

San Francisco Capital Online Fraud 205

PYMNTS

FEBRUARY 5, 2019

CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan.

San Francisco 181

San Francisco Charlotte Comparison Online 181

PYMNTS

JUNE 29, 2020

are in talks with Sistema , one of the largest publicly traded companies in Russia, to purchase Ozon , the Russian online retailer, Reuters reported. In late March, PYMNTS reported Princeville Capital of San Francisco made a $50 million investment in Ozon. Amazon and SoftBank Corp.

San Francisco 232

San Francisco Capital Meeting Report 232

PYMNTS

OCTOBER 1, 2020

since the online job portal Headhunter listed shares in the country in May 2019, according to WSJ. Like the American eCommerce titan, Ozon originally started out in the late 1990s as an online bookstore. Ozon was the recipient of a $50 million investment from San Francisco-based Princeville Capital in March.

San Francisco 192

San Francisco US Online Capital 192

Bank Innovation

MARCH 7, 2018

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

San Francisco 236

San Francisco Fintech United States Marketing 236

PYMNTS

SEPTEMBER 17, 2020

Affirm , a San Francisco-based point-of-sale (POS), buy now, pay later (BNPL) lender, announced a $500 million series G round of funding Thursday (Sept. Baillie Gifford, Spark Capital, Founders Fund and Fidelity Management & Research Co. 17) in a press release , bringing its total funding raised to more than $1.3

San Francisco 178

San Francisco Fintech Maryland Capital 178

Bank Innovation

FEBRUARY 18, 2019

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

San Francisco 186

San Francisco Fintech Innovation Security 186

PYMNTS

AUGUST 20, 2020

San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. DoorDash’s on-demand grocery service is a nice addition to our online shopping options, and with delivery in under an hour, we know Smart & Final customers are going to appreciate it.”.

San Francisco 130

San Francisco San Diego Los Angeles Milwaukee 130

PYMNTS

OCTOBER 18, 2020

The San Francisco-based company is eyeing valuations from $4 billion to $5 billion, according to Bloomberg, and has seen its business grow amid COVID-19. Nextdoor describes its business as maintaining an online place “where neighbors come together for trusted connections and the exchange of helpful information, goods and services.”.

social media 199

social media San Francisco Community Capital 199

PYMNTS

DECEMBER 12, 2019

San Francisco FinTech Brex announced a $200 million debt capital raise from Credit Suisse that will be used to expand its eCommerce business and credit offerings to new companies, Brex announced in a press release on Thursday (Dec. This new financing will help Brex grow its eCommerce business, which launched in February.

Fintech 131

Fintech San Francisco Capital Software 131

PYMNTS

JANUARY 29, 2021

Online gaming and entertainment platform Roblox is holding off on a public listing after the U.S. The SEC is investigating how the San Francisco-area startup allocates revenue. . Earlier this month, Roblox raised $520 million in a funding round led by Altimeter Capital and Dragoneer Investment Group.

San Francisco 205

San Francisco New York Groups California 205

PYMNTS

MARCH 30, 2020

Lightspeed Ventures, iFly.vc, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported. The firm evolved into an online shopping website with a warehouse and delivery network in 2017. The company provides its offering in the San Francisco Bay Area, Los Angeles, Sacramento and Seattle.

Los Angeles 143

Los Angeles San Francisco Sacramento Seattle 143

PYMNTS

AUGUST 5, 2020

4) night after the San Francisco-based financial services company posted better-than-expected quarterly results for its mobile payment app. Square Capital, the company’s lending division, reported a drop in revenue after it stopped issuing most new loans in the quarter. Square saw its shares skyrocket Tuesday (Aug.

San Francisco 218

San Francisco Capital Taxes Lending 218

PYMNTS

DECEMBER 5, 2016

Public transport riders in San Francisco got something of an early Christmas present last week – courtesy of a cybercriminal getting some coal in his stocking. San Francisco’s Muni public transit system was reportedly hit by a ransomware attack last weekend (Nov. Hack A Municipal Transit System — Get Hacked Back.

Capital 100

Capital San Francisco Bitcoin United States 100

PYMNTS

SEPTEMBER 17, 2020

We continue to evaluate capital options and are excited about our industry position,” CEO Anthony Hsieh told Bloomberg. the San Francisco-based peer-to peer lending firm and OnDeck Capital, the New York-based online small business lending company, which went public at the time were already trading down, Housing Wire reported.

San Francisco 160

San Francisco New York Lending California 160

PYMNTS

DECEMBER 8, 2020

Plus, online lending startup SoFi is looking to go public through a SPAC. Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company to debut on the stock market. Capital One Halts BNPL Transactions On Its Credit Cards.

San Francisco 130

San Francisco Community Bank Video Capital 130

PYMNTS

APRIL 24, 2019

The RealReal , an online retailer for authenticated luxury consignment, has authorized the sale of up to $70 million in new shares that could put its valuation at $1.06 Earlier this year, it was reported that the online retailer was considering an initial public offering (IPO) for later this year.

San Francisco 139

San Francisco Delaware Capital Retail 139

Bank Innovation

JUNE 28, 2018

For the task, San Francisco-based Bento raised $9 million in a new round of funding today. Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad.

San Francisco 170

San Francisco Millennials Tools Management 170

PYMNTS

AUGUST 17, 2020

the commission-free online brokerage that offers a mobile app to invest in stocks, ETFs and options, announced a $200 million Series G funding, bringing its valuation to $11.2 The investor is D1 Capital Partners L.P., the two-year-old New York-based global investment firm that deploys capital in public and private markets.

San Francisco 100

San Francisco Arizona Texas Capital 100

PYMNTS

SEPTEMBER 15, 2020

the San Francisco-based mobile payment company, said Tuesday (Sept. Square’s shares have doubled since May, according to Bloomberg , and at $55 billion, the company’s market capitalization is eclipsing that of many traditional banks. Square Inc. ,

San Francisco 183

San Francisco Mobile Study Online 183

PYMNTS

NOVEMBER 3, 2020

2), Ozon called itself Russia’s leading online shopping destination, stating that its gross merchandise value (GMV) has grown by 142 percent during the first nine months of 2020 compared with the same period in 2019, boosted in part by social distancing restrictions put in place by the Russian government in response to the COVID-19 pandemic.

San Francisco 150

San Francisco United States Capital Marketing 150

PYMNTS

JULY 19, 2016

Lending Club, which has been struggling to recover from loan errors and the departure of its Chief Executive (among other issues), has named Patrick Dunne, a veteran of BlackRock, as its new chief capital officer. Dunne most recently was in charge of BlackRock’s San Francisco office.

Lending 100

Lending Capital San Francisco Fintech 100

PYMNTS

NOVEMBER 1, 2019

billion valuation, with a funding round led by GPI Capital, bringing the company’s total funding to date to almost $1 billion. And in August, the company announced that it was testing robot delivery in San Francisco. Last month it was reported Postmates had raised $225 million at a $2.4 and after 6:30 p.m. on weekdays.

San Francisco 101

San Francisco Branding Operations Capital 101

PYMNTS

JANUARY 23, 2019

Truebil , an online marketplace to buy and sell second-hand cars, has raised $14 million in a Series B round led by Japanese investor Joe Hirao, the founder of ZIGExN. million from Kalaari Capital, Inventus Capital and San Francisco-based Tekton Ventures and existing investor Kae Capital.

San Francisco 122

San Francisco Capital Online Retail 122

PYMNTS

OCTOBER 7, 2018

According to reports citing the company, the Series A round of venture funding was led by 8VC, the venture capital company. The report noted Deliverr, which is based in San Francisco, uses machine learning and predictive intelligence to ascertain which warehouses have the clients’ merchandise. They didn’t build their own taxis.

San Francisco 170

San Francisco Missouri New Jersey Pennsylvania 170

PYMNTS

APRIL 21, 2020

The opening of a Hong Kong outpost is part of SoFi’s bid to acquire online brokerage firm 8 Securities, while expanding its business and serving up commission-free trading there. The San Francisco-based SoFi’s products include student loan refinancing, private student loans, personal loans and home loans, along with mortgages.

San Francisco 130

San Francisco Innovation Fintech Security 130

PYMNTS

FEBRUARY 17, 2017

In hyper-competitive markets like Boston, New York and San Francisco, many buyers overbid and sometimes wave inspections to sweeten the pot for sellers. million round of venture capital funding to expand into the San Francisco market, seeks to simplify the real estate process with its offering.

San Francisco 100

San Francisco Boston New York Capital 100

PYMNTS

NOVEMBER 24, 2020

Indian digital payments platform Cashfree has just landed tens of millions in new capital to help fuel its expansion, the Bengaluru-based company announced on Tuesday (Nov. The coronavirus pandemic has also helped boost Cashfree’s growth as Indian businesses and consumers ramp up their online sales and purchasing activity.

San Francisco 166

San Francisco Payments Leadership Cards 166

PYMNTS

JULY 31, 2020

the San Francisco-based online bank, had the last laugh. The initiative was co-led by new investor Gallatin Point Capital LLC, a Connecticut private investment firm, and existing investor The Rise Fund , a global impact investment fund. Since then, the skepticism has evaporated and the CEO of Varo Money Inc. ,

National 172

National Fintech San Francisco Connecticut 172

PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk.

Fintech 198

Fintech Capital San Francisco Georgia 198