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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System

PYMNTS

Delivery Hero, the German food delivery platform that operates in 50 nations, is rolling out an early-stage VC firm called DX Ventures that will be managed independently to concentrate on furthering upstarts led by founders. Mobileye Expands Self-Driving Vehicle Tests To Detroit, Tokyo, Paris, Shanghai. and the World Bank.

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VCs Back Autobooks For SMB Banking

PYMNTS

FinTech Autobooks announced new funding to support its SMB banking solutions. The new funding also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, the company said, adding that the round follows its self-funded $2 million in seed financing. “We

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NEW REPORT: Post-Hurricane, CUs Provide Some Calm After The Storm

PYMNTS

Credit unions (CUs) might operate as nonprofits, but just like a traditional bank or any other for-profit business, they still need customers — or in this case, members — to thrive. The campaign will also offer financial literacy programs, produced in partnership with WFCU’s NFL partner, the Detroit Lions.

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Top 34 Digital Lenders to U.S. Small Businesses (SMB) (July 2024)

Fintech Labs Insights

83,000 17 17 Credibly 28 2010 Detroit 82 97,000 18 19 IOU Financial 23 2011 Atlanta 132 40,000 19 18 Upright (was Fund that Flip) 15 2014 NYC 53 42,000 20t 21 BizFI 13 2005 NYC 160 0 20t 22 SMBX 13 2016 SF 15 30,000 22 23 HoneyComb Credit 12 2017 Pittsburgh 11.9 We are calling it the FAB score, standing for Fintech Attention Barometer.

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SaaS Lands Biggest B2B FinTech Funding This Week

PYMNTS

The B2B FinTech investment space has been relatively slow in recent months, but U.S. startups led the way this week with a healthy $101.5 million in venture capital — the most the industry has seen in a while. Autobooks said there is a gap in the small business banking industry that it’s looking to fill. ServiceTitan.

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VC Seems To Fizzle Out For B2B FinTechs

PYMNTS

Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. It seems VC has cooled off a bit in the B2B FinTech front. All in all, investments totaled more than $178.6

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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Christina is always finding new ways of using her creativity to inspire others.

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