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Amazon’s Great Infrastructure Expansion Rolls On — Now With A New Logistics IT Center

PYMNTS

The logistics IT center is slated for downtown Minneapolis and will reportedly create 100 new technology focused full-time positions. The commitment to education, growth of the local high-tech industry, and caliber of technical talent in Minneapolis make it an ideal place for our expansion.

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Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

The biggest equity round ($50 million) went to Remedy Partners , a Connecticut-based health tech company. HQ: Darien, Connecticut. Corporate purchasing management. Fortress Risk Management. Enterprise risk management services for financial institutions. HQ: South Glastonbury, Connecticut. government.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

HQ: Rocky Hill, Connecticut. Personal financial management. Tags: Consumer, advisors, investing, trading, ETFs, wealth management. Source: FT Partners. Digital payments platform for financial institutions. Latest round: $7.5 Total raised: $14.15 Source: Crunchbase. Avenues India. Payment processing. Latest round: $6.7

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Minneapolis, Minnesota. Recurring bill management . Tags: Consumer, billpay, personal financial management, PFM, budgeting, spending, credit/debit cards. Fintech deals by size from 25 June to 1 July, 2016: Paycor. Online payroll system. Latest round: $45 million. Total raised: $164 million. HQ: Cincinnati, Ohio. LendingKart.

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