American Banker

OCTOBER 10, 2023

Other banks likely will follow the lead of the Richmond, Virginia, company and tap the equity in their branch networks as alternative sources of capital grow more costly, experts say.

Virginia 45

Virginia Capital Company Community Bank 45

CB Insights

FEBRUARY 1, 2019

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.

United States 78

United States Capital DC Rhode Island 78

PYMNTS

JUNE 22, 2020

Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). In addition to $77 million in venture capital from the Menlo Park, Calif.-based

South Carolina 228

South Carolina North Carolina New York City New York 228

PYMNTS

MARCH 2, 2020

2019: The year students at George Mason University in Virginia and Northern Arizona University started getting food delivered by robots. 100M: Amount of a capital fundraising round DoorDash closed on in November. All this, Today in Data. 899B: Value that restaurant industry sales are projected to reach in 2020.

Industry 142

Industry Arizona Virginia National 142

Independent Banker

OCTOBER 1, 2022

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia. By Mindy Charski.

West Virginia 91

West Virginia Virginia Community Bank Community 91

American Banker

JANUARY 21, 2020

The company will pay $29 million for Virginia Bank Bankshares.

Virginia 36

Virginia Company Community Bank Capital 36

PYMNTS

DECEMBER 11, 2019

The funding round was led by Harbert Growth Partners, with other participants including Highland Capital Partners, Camber Creek, Working Lab Capital, Geolo Capital, Revolution’s Rise of the Rest Seed Fund and former Bain Capital Partners MD Mark Nunnelly all participated in the round.

Arlington 130

Arlington Houston Virginia Capital 130

Bank Innovation

JULY 26, 2019

The field of fintech companies focusing on people who live paycheck to paycheck continues to grow, with Virginia Beach-based Finfit picking up $7 million in Series B equity funding on Friday. Galaxy Investments and Bison Investments participated in the round.

Virginia 186

Virginia Fintech Operations Company 186

American Banker

APRIL 3, 2020

First State Bank, which the FDIC sold to MVB Financial, had struggled with profitability and capital levels for several years.

West Virginia 70

West Virginia Virginia FDIC Capital 70

PYMNTS

FEBRUARY 26, 2020

Brink’s, which is based in Richmond, Virginia, said the transaction adds 14 new markets to its realm: the Netherlands, Malaysia , Romania, Belgium, Ireland, Kuwait, the Czech Republic, the Philippines, the Dominican Republic, Cyprus, Indonesia, Lithuania, Estonia and Latvia. The remaining will take place prior to Dec.

Virginia 175

Virginia New York Operations Capital 175

PYMNTS

MARCH 6, 2018

Luxury Asset Capital President and CEO Dewey Burke said the industry shift is also part of an effort to educate entrepreneurs about the financing opportunity they have. According to Jordan Tabach-Bank, CEO of The Loan Companies, which operates high-end pawn shops in several locations around the U.S., That’s simply not true.

Virginia 142

Virginia National Strategy Capital 142

PYMNTS

DECEMBER 10, 2020

filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. “This is a pretty marvelous transaction and I just wanted to applaud all of you for putting this together and getting this done,” Judge Huennekens said in a hearing conducted through video and telephone on Tuesday (Dec.

Branding 159

Branding United States Virginia Retail 159

PYMNTS

SEPTEMBER 19, 2019

Wing is the first drone operator to be certified by the Federal Aviation Administration as an air carrier, and the drone delivery service will be available to eligible residents in Christiansburg, Virginia, starting in October. . Department of Transportation’s Integration Pilot Program, starting in 2016.

Virginia 109

Virginia United States Customer Experience Retail 109

PYMNTS

AUGUST 2, 2019

The Federal Reserve orchestrated an official investigation of an Amazon facility in Virginia, kicking off what is expected to be ongoing oversight of cloud providers, people familiar with the matter told The Wall Street Journal on Thursday (Aug 1). Amazon is the biggest player among the many tech firms that have become essential in the U.S.

Regulation 144

Regulation Virginia Google Capital 144

PYMNTS

SEPTEMBER 20, 2018

According to the indictment, the men ran a network of entities and shell companies — including Global Credit Recovery LLC, Delmarva Capital LLC and Rhino Capital Holdings LLC — offering individuals, family offices and funds the chance to invest in consumer debt portfolios.

Baltimore 167

Baltimore Maryland Texas Nevada 167

PYMNTS

SEPTEMBER 17, 2019

Brodigan holds a BA in Economics and Business from the Virginia Military Institute and lives in Danville, California. In April, BlueVine partnered with government procurement solutions portal GovQuote to connect vendors with working capital solutions. Growing up, my father owned and led several small businesses.

Virginia 134

Virginia Leadership Fintech California 134

PYMNTS

JULY 23, 2020

has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. Ascena Retail Group, Inc. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement.

Virginia 140

Virginia United States Retail Operations 140

BankInovation

MAY 23, 2023

The firm, based in Alexandria, Virginia, said it has closed on $650 million for its early stage fund and $275 million for what it calls an early growth-stage fund. QED Investors, the financial technology-focused venture firm that was an early backer of Credit Karma, has raised $925 million for two new funds. QED, which has […]

Virginia 52

Virginia Fintech Financial Technology Technology 52

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.”

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

FEBRUARY 18, 2020

Bankruptcy Court in Richmond, Virginia. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales. The Fort Worth, Texas-based retailer franchise said it filed for chapter 11 protection Monday in U.S. The bankruptcy financing from lenders including Bank of America N.A.,

Fort Worth 130

Fort Worth Virginia Texas America 130

PYMNTS

MARCH 23, 2020

The idea behind the easing of rates is for bigger contractors to help smaller ones, according to Byron Callan, defense industry analyst with Capital Alpha Partners. The agency managing contracts will also work with the Pentagon to keep invoices going through at normal rates. The news comes as one U.S.

Payments 151

Payments Virginia Guidelines Washington 151

PYMNTS

DECEMBER 19, 2018

This latest round brings the company’s total funding to $42 million, including an early $5 million investment from Lightspeed Venture Partners, and $2 million in convertible notes from Finn Capital Partners, M13 and Grace Beauty Capital. “The business just caught fire,” said Martin.

Virginia 108

Virginia Capital Retail Branding 108

PYMNTS

FEBRUARY 13, 2019

He holds a Master of Business Administration degree from the Darden Business School at the University of Virginia and received his undergraduate degree in commerce from Sydenham College at the University of Mumbai, India. “We He has a keen understanding of the opportunities ahead of us and how best to capitalize on them.”.

Risk Management 128

Risk Management Virginia New York Leadership 128

PYMNTS

AUGUST 1, 2019

Although the investigation came around at the same time a Seattle woman hacked a database of credit-card issuer Capital One Financial that was stored on the eCommerce giant’s cloud server, examiners were reportedly not aware of the breach when they visited Amazon’s Virginia facility.

Regulation 108

Regulation Washington Virginia Seattle 108

Tech and Finance

JUNE 8, 2017

Engle has more than 30 years of experience at AT&T, Lehman Brothers, Barclays Capital, DTCC and Bank of America. This includes advancing the firm’s NEXEN digital investment platform, investing in and integrating the bank’s applications, accelerating its digital and agile development efforts, and attracting and developing top IT talent.

Virginia 46

Virginia Fintech Marketing Strategies America 46

American Banker

NOVEMBER 6, 2020

Integrity Bank for Business is being pursued by a group with ties to Heritage Bankshares, which was sold in 2016.

Virginia 31

Virginia Groups Community Bank Capital 31

CFPB Monitor

APRIL 22, 2019

This Wednesday April 24th, the Federal Deposit Insurance Corporation and Duke University’s Fuqua School of Business and Innovation and Entrepreneurship Initiative will host a conference titled “ Fintech and the Future of Banking ” in Arlington, Virginia.

FDIC 68

FDIC Conference Arlington Fintech 68

PYMNTS

JULY 20, 2018

Business intelligence is a common theme in this week’s B2B venture capital (VC) roundup, with many startups deploying artificial intelligence (AI) and sophisticated data analytics technologies for their business customers. million raised in 2015, which was led by Ardent Capital. Investors placed more than $136.5

Analytics 105

Analytics Capital Tools California 105

PYMNTS

AUGUST 13, 2019

In Arlington County, Virginia, government payroll systems were targeted in a phishing attack in July despite the county allocating $60,000 to educate government employees on how to spot and avoid a phishing scam email. That incident cut off Apex HCM customers’ ability to access and manage payroll for several days.

Arlington 150

Arlington System Ohio Virginia 150

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. ZP Group incorporates three units: a government cybersecurity contractor, a human capital and staffing service and a security advisory firm.

US 116

US Capital California San Francisco 116

PYMNTS

DECEMBER 14, 2018

One user from Virginia, for instance, learned how to manage her weekly spending and budgeting through the app. It is free for governments and end users, as it makes money via employers, coupons and “other organizations [that] use it to promote opportunities for improved financial health,” according to the company.

Virginia 190

Virginia New York Tools Management 190

PYMNTS

SEPTEMBER 20, 2019

Walgreens , in one case, plans to pilot drone deliveries in Christiansburg, Virginia starting in October by partnering with Wing, a member of the Alphabet family of companies. Christiansburg was chosen as the test market because Wing has been working with Virginia Tech in nearby Blacksburg to pilot the drone deliveries.

Retail 112

Retail Las Vegas San Diego Virginia 112

Abrigo

OCTOBER 29, 2014

The OCC on Oct. While the target audience of the OCC release is somewhat narrow in scope (banks regulated by the OCC in the Northeastern District), other banks may benefit from reflecting upon their own processes and results to ensure they are sound in areas which may soon receive additional attention.

Rhode Island 238

Rhode Island District of Columbia West Virginia New Jersey 238

PYMNTS

NOVEMBER 28, 2016

Until now, Blue Nile, based in Seattle, had four in-person showroom locations — two in New York, one in Oregon and one in Virginia — and still keeps the majority of its sales online with hundreds of ring and jewelry options. The business is slated to be acquired by Bain Capital Private Equity and Bow Street LLC next year for $500 million.

Oregon 100

Oregon Virginia Seattle Washington 100

PYMNTS

MAY 3, 2017

The $3 million in funding was led by Thrive Capital, including participation from SV Angel, Techstars, FJ Labs, Corigin Ventures, MetaProp and a number of angel investors, reported TechCrunch. The platform is licensed in Colorado, Florida, Georgia, Maryland, Minnesota, North Carolina, Oregon, Tennessee, Virginia and Washington, D.C.

North Carolina 100

North Carolina Online Tennessee Minnesota 100

PYMNTS

JANUARY 19, 2017

In case you were wondering if these were drone like robots like the drones delivering burritos at Virginia Tech , or ones that look like people (really giving the delivery guy a run for his money), Starship’s model is somewhere inbetween. The pilot programs are rolling out in Redwood City, CA, and Washington, D.C.,

Technology 100

Technology CA Virginia Washington 100

American Banker

APRIL 5, 2016

has agreed to buy Old Dominion Capital Management in Charlottesville, Va. Union Bankshares in Richmond, Va.,

Virginia 28

Virginia Management Capital Community Bank 28