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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.

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

And the idea is to take advantage of the ongoing rise of mobile commerce and social media to create, in essence, digital communities centered around pets — and not just ones that spark to life when little Fido goes missing, or plots an escape from a dog park or a particular section of the beach in the summer. Social Media Aspect.

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Data, Security Monopolize B2B Funding Rounds

PYMNTS

There may be a few resilient, strategic entrepreneurs out there who don’t need venture capital to run a successful startup. “It’s a huge anomaly,” said Small Business Administration Head of Innovation and Investment Mark Walsh, referencing the ability for startup founders to make it without venture capital.

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Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

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GIACT: It’s Time To Fight Back Against Fraud

PYMNTS

Well-funded and organized fraud operations, meanwhile, continued to amass more capital, manpower and technology. What’s more, businesses have also begun to experience whiplash for not prioritizing the security of their customers. That’s a recipe for negative reviews and frustrated feedback on social media.

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Paytronix Urges Restaurants To Use Gift Cards To Boost Loyalty, Sales

PYMNTS

Some have closed completely for the time being, while others have shifted all operations to takeout and delivery to keep business moving and guests fed, but even the most loyal guests can only eat so much takeout,” the post said. “So “It’s no secret that restaurants nationwide are hurting as we combat the spread of COVID-19.

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Invoice Financing Via Blockchain Targets SMB Cash Flow Problems

PYMNTS

Small and medium-sized businesses (SMBs) are the lifeblood of many economies — Europe’s among them — and working capital is the lifeblood of SMBs. Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. One way to secure funding is to use invoice financing.