PYMNTS

JUNE 29, 2020

“With its tremendous, ongoing success in its core markets, we believe that this merger and its accompanying capital infusion will enable Shift to expand its product offerings and execute on its growth strategies.”. Arison said the move was about adding capital to scale the company. Merging with Insurance Acquisition Corp.

San Francisco 245

San Francisco Metro Online Capital 245

PYMNTS

APRIL 30, 2020

The FinTech company, based in both San Francisco and Nigeria, secured the venture capital (VC) investment from Worldpay , which has also struck a strategic partnership with the firm. At the time, Flutterwave said it would use the funding to further build out its technology and continue expanding throughout Africa.

Online 141

Online San Francisco Payments Capital 141

PYMNTS

SEPTEMBER 28, 2020

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

MARCH 5, 2019

The company ceased operations in late January after laying off 30 percent of its workforce in May 2018. Munchery had said it was planning to focus on its largest market, San Francisco, in an effort to become profitable, but that never happened. That came after it shut down service in Seattle, Los Angels, and New York.

San Francisco 117

San Francisco Los Angeles Capital Seattle 117

PYMNTS

SEPTEMBER 29, 2017

Investment in B2B FinTech startups came through a variety of channels this week, from venture capital to growth equity. In total, backers placed $273 million across companies operating in alternative finance, treasury management, software-as-a-service (SaaS) and B2B sales tech. trillion market. Alternative Finance.

Security 115

Security San Francisco Capital Software 115

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5 million from Alteria Capital.

Marketing 109

Marketing Capital San Francisco Management 109

PYMNTS

DECEMBER 20, 2017

million in new venture capital (VC) funding. 18) reports from TechCrunch said AxleHire — which facilitates last-mile logistics and delivery for subscription commerce and consumer packaged goods (CPG) firms like HelloFresh and La Boulangerie — has secured the new funding from contributors like Acorn Pacific, RGA Ventures and other backers.

Los Angeles 112

Los Angeles San Francisco California Operations 112

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. The new capital will help fuel hiring and other growth, the company said. Account Takeover Growth.

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

SEPTEMBER 10, 2018

Eventbrite, the company that operates a platform to create, manage and sell tickets to events, filed an amended registration statement with the Securities and Exchange Commission (SEC) in which it said it is aiming to raise a $200 million initial public offering (IPO). and RBC Capital Markets.

Marketing 100

Marketing San Francisco Capital New York 100

PYMNTS

NOVEMBER 3, 2017

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. Intel Capital, California Technology Ventures, Tesi, SmartFin Capital and Open Ocean also participated in the round.

Analytics 189

Analytics Data Capital San Francisco 189

PYMNTS

AUGUST 29, 2019

The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned for a capital markets services license, which will allow the firm to offer asset management as a first step into financial services, co-founders Mathias Imbach and Gerald Goh said, according to Deal Street Asia. “In

Bitcoin 101

Bitcoin North Carolina blockchain San Francisco 101

PYMNTS

NOVEMBER 9, 2018

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news of the week comes from TripActions , a corporate travel solutions provider that secured unicorn status with its latest fundraise (the largest in this week’s breakdown).

Software 158

Software North Carolina Capital San Francisco 158

PYMNTS

FEBRUARY 24, 2016

23) $30 million in venture capital raised from Sequoia Capital and other backers, including Matrix Partners, True Ventures and Greenspring Associates. According to reports, Namely secured the backing following last June’s Series C funding round, meaning the firm has now raised a total of $107.8

San Francisco 100

San Francisco Austin Texas Capital 100

PYMNTS

MAY 6, 2016

Earlier in the week, we reported on the bust that is B2B venture capital this week. For a lot of consumer startups, it’s not always obvious how you are going to monetize, and there is a lot of competition for eyeballs,” explained 500 Startups venture capital lead Dave McClure in an interview last month with Reuters. “For Accounting.

Fintech 100

Fintech San Francisco Capital Big Data 100

PYMNTS

OCTOBER 28, 2019

The move came about a month after Fair, which functions via an app, secured a $500 million revolving credit facility led by Mizuho Bank. Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well known on the capital markets side. His interim replacement will be Kirk Shryoc.

San Francisco 101

San Francisco United States Capital User Experience 101

PYMNTS

OCTOBER 28, 2019

The move comes about a month after Fair, which functions via an app, secured a $500 million revolving credit facility led by Mizuho Bank. Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well-known on the capital markets side. His interim replacement will be Kirk Shryoc.

San Francisco 100

San Francisco United States Capital User Experience 100

PYMNTS

AUGUST 19, 2016

Asia scored big this week with investments in Singapore, India and China across industries like enterprise security and eInvoicing, while European startups made their mark, too. But a seed-stage startup fund in San Francisco announced its own new $50 million investment pool, so funding for B2B FinTech startups in the U.S.

US 100

US San Francisco Security Capital 100

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna Security. Chertoff Capital made a “significant” equity investment in the round, the company said. Cybersecurity.

US 116

US Capital California San Francisco 116

PYMNTS

JULY 28, 2016

Shipt , the online grocery ordering and delivery service, has announced that it has secured $20.1 We seek to partner with capital-efficient businesses that are on rapid growth trajectories and look forward to working with Shipt and playing a role in the continued advancement of the company.”.

Google 100

Google San Francisco Alabama Leadership 100

Insights on Business

NOVEMBER 8, 2018

Banks are reinventing not only their infrastructure but their operating models, too, in order to win on the battleground of customer experience. Rob Palacios, EVP and Director of TCB Labs at Texas Capital Bank, sat down with Yousef Hashimi from IBM at Money2020 to discuss the banks’ work around AI and their use of the IBM Garage.

Industry 143

Industry San Francisco New York City Fraud 143

CB Insights

APRIL 17, 2018

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. 15 of the top 20 operate in the Greater Bay Area. 15 of the top 20 operate in the Greater Bay Area. Below are the detailed profiles of the Top 20 Venture Capital Partners.

San Francisco 71

San Francisco CA Capital Operations 71

PYMNTS

JUNE 7, 2018

In May, the company accounted a $50 million Series C funding round led by Naspers Ventures, with existing investors Thrive Capital and Andreessen Horowitz also taking part. The company will use that fresh capital in large part to fund expansion of its caregiver network. That round brought the company’s total funding to $115 million.

Los Angeles 115

Los Angeles Albuquerque Payments San Francisco 115

CB Insights

MARCH 20, 2019

China Development Bank Capital, Coatue Management, Hillhouse Capital Management, IDG Capital, Temasek Holdings, Tencent Holdings, Tiger Global Management. Select Investors : Credit Suisse, Deutsche Bank, DST Global, GGV Capital, Goldman Sachs, IDG Capital, J.P. Salesforce Ventures, Sequoia Capital, Y Combinator.

Company 70

Company San Francisco Capital Software 70

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Lulalend lends directly to SMBs that can apply online, with an automated approval process accelerating access to capital.

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

MARCH 25, 2019

Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. And investors are still pouring capital into companies operating in the sector.

Los Angeles 135

Los Angeles Payments San Francisco Chicago 135

PYMNTS

MAY 16, 2018

A dedicated focus on blockchain technology — a push backed by Facebook’s mountains of cash and supported by its experienced engineers — could easily lead to features involving data security, digital currency and digital ID. “Could it be? Yes, longer term. That’s why they want to be smart and stay engaged.”.

blockchain 101

blockchain social media San Francisco Google 101

CB Insights

SEPTEMBER 21, 2017

Blockchain technology — cryptographically-secured, distributed ledgers — has existed for nearly a decade but is just now emerging as a viable solution in healthcare. DokChain is a “distributed network of transaction processors operating on both financial and clinical data across the healthcare industry.” reimbursement.

blockchain 69

blockchain California San Francisco Capital 69

PYMNTS

JANUARY 2, 2017

A need for larger working capital and a slower supply chain for both exporters and importers. That’s a problem that San Francisco-based Wyre is offering to solve with its real-time cross-border payment solution. “We Businesses kind of operate on that. The result? B2Bs’ need for speed.

Payments 105

Payments blockchain San Francisco Compliance 105

PYMNTS

JUNE 20, 2016

San Francisco-based Plaid was founded in 2012 with the vision of making the world a better place for FinTech firms by providing easy infrastructure to connect FinTech innovators with their clients’ bank accounts. Goldman is leading the round, and our major existing investors, including NEA and Spark Capital, also participated.

Technology 101

Technology San Francisco Fintech Financial Technology 101

PYMNTS

JANUARY 11, 2017

Based in San Francisco, iCracked is a platform that will bring the smart device technician to the consumer. AJF: So, I previously ran a beekeeping operation with my brother, and I also started a winery with him. AJF: We raised the debt and venture capital and went through Y Combinator in 2012.

San Francisco 100

San Francisco New York City Company New York 100

Fintech Labs Insights

FEBRUARY 25, 2016

The company plans to use the new funds to expand operations, accelerate product development, and introduce new features. Along with the increase in its venture capital investments, Spreedly has grown as well. The post Spreedly Secures $3 Million Financing Round appeared first on Finovate.

Security 12

Security North Carolina San Francisco New York 12

PYMNTS

JANUARY 6, 2020

Uber was a San Francisco-based on-demand black car service. Mobile devices, fast cellular networks, the cloud, data and new tech – along with investors with capital and incumbents with an appetite for innovation – gave innovators the tools, ideas and capital to disrupt the then-analog sacred cows.

Innovation 176

Innovation Mobile Software San Francisco 176

CB Insights

NOVEMBER 8, 2017

Moller-Maersk, which suffered a major cyber attack in June 2017, have doubled down on their efforts to integrate technology into their businesses to increase efficiency and security. Maersk partnered with IBM earlier in 2017 to design a blockchain solution geared toward increasing transparency and security for the global shipping industry.

Industry 49

Industry Data San Francisco New York 49

PYMNTS

JULY 24, 2020

has secured $80 million in new funding at a $5.5 The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. In 2010, LendingClub added to its war chest with a $24.5

Lending 135

Lending Fraud Management San Francisco 135

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Virtual card issuance.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

DECEMBER 11, 2015

Trizic has named only one investor in past rounds , Operative Capital, which also funds AlphaClone. The San Francisco-based company’s Accelerator is a cloud-based advisory platform that caters to both advisors and their clients.

San Jose 12

San Jose San Francisco Compliance Capital 12