article thumbnail

Homie Unlocks $23M In Funding To Expand Its Homebuyer Program

PYMNTS

Fresh off a new round of Series B equity funding that secured $23 million, the company intends to expand into three new markets this March, including in Las Vegas. Homie claims that it has saved buyers more than $55 million in industry commissions, and has increased its revenue more than 150 percent in the last year.

Las Vegas 131
article thumbnail

Carvana Stock Falls Short On First Day Of IPO

PYMNTS

cities, such as Austin and Dallas in Texas and Nashville, Tennessee. Wells Fargo Securities, LLC, Bank of America Merrill Lynch, Citigroup Global Markets, Inc. and Deutsche Bank Securities, Inc. William Blair & Company, LLC, BMO Capital Markets Corp. and JMP Securities, LLC are acting as co-managers. “I

Nashville 128
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Postmates To Hire More Engineers As It Expands In The Seattle Area

PYMNTS

The company also has offices in New York, Nashville, Mexico City and Vancouver. In February the delivery startup filed its IPO documents with the Securities and Exchange Commission. If and when Postmates launches its IPO it will be the latest in a string of startups that are tapping the public markets.

Seattle 115
article thumbnail

The Unattended Path To Car Buying

PYMNTS

A company called Carvana is looking to bring convenience to car-buying with their new branded coin-operated car vending machine, recently opened in Nashville, Tennessee. But, despite those changes, car buying has remained essentially the same process for decades — until now, that is. .

Nashville 104
article thumbnail

Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. The Market.

article thumbnail

Apart-Hotels Turn Apartments Into Boutique Lodging

PYMNTS

At the same time, Gandhi noted the product and quality of apartments have grown so rapidly that the market has facilitated a true boutique experience, a concept he doesn’t think was available even 10 years ago. Locale currently lists locations in Austin, Houston and Nashville on its website. The Apart-Hotel Market.

Nashville 139
article thumbnail

Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

Nashville, Tennessee – Pinnacle Bank ($432 million). Leveraging the go local movement to boost a bank’s lending portfolio may be as simple as targeted marketing. • Detroit, Michigan – Flagstar Bank ($4.65 • Indianapolis, Indiana – First Internet Bank of Indiana ($249 million).

Cleveland 150