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Neiman Marcus Emerges From Chapter 11

PYMNTS

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.

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Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

Finovate alum, Azimo landed the biggest round outside the lending sector, $20 million at a $100 million valuation. HQ: New York City. P2P mortgage lending. HQ: Houston, Texas. Tags: Risk management, security, regulation, compliance. Year-to-date, $7.7 billion has been invested in the sector.

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 Snoopwall landed a cool million for its security solutions. Seven weeks into the new year, fintech companies have raised $4.7 HQ: Houston, Texas. P2P lending marketplace. HQ: Auckland, New Zealand. HQ: New York City.

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