Remove 2011 Remove Capital Remove Innovation
article thumbnail

Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

article thumbnail

Why Invisible Will Make 2020’s Payments Innovation Roar

PYMNTS

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

Insiders

Sign Up for our Newsletter

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

article thumbnail

Swedish Payment Company iZettle Raises $47 Million in Funding

Bank Innovation

The round was led by venture capital firm Dawn and The Fourth Swedish National Pension Fund. Established in 2011, iZettle enables small business merchants across Europe and Latin America to accept card payments. Swedish payment company iZettle today announced it raised €40 million ($47.05 million) in funding to accelerate growth.

Company 230
article thumbnail

Financial Services Platform SoFi Plans IPO Via SPAC

PYMNTS

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. Social Capital Hedosophia is one of three special-purpose acquisition companies (SPACs) on the lookout for investment opportunities. V to file an initial public offering (IPO). .

Samsung 183
article thumbnail

Accolade To Buy 2nd.MD To Boost Telehealth Options

PYMNTS

parent company Innovation Specialists. billion in venture capital funding in 2020, which was a 29 percent boost over the previous year, according to CNBC. was founded in 2011, CNBC reported. Healthcare technology company Accolade is buying telemedicine startup 2nd.MD The sale is likely to be completed next month.

Video 167
article thumbnail

Around The World In FinTech Innovation

PYMNTS

Over the past eight weeks PYMNTS has cast a weekly global spotlight on one of the many tech hubs fostering innovation and tech advancements across the world. We began the Weekly Tech Center Roundup journey in London – Europe’s self-proclaimed startup capital. businesses find partners in Israel to drive their innovation agendas forward.

article thumbnail

nCino Ups Its IPO To As Much As $253M

PYMNTS

Our mission is to transform financial services through innovation, reputation and speed,” the company said in its prospectus. Founded in 2011, the company reported $153 million in revenues for the 12 months that ended on April 30. As a result, nCino could raise as much as nearly 21 percent more if shares are sold at the top price.