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Payments players caught in venture capital squeeze

Payments Dive

The flow of venture capital to startups ebbed in the first quarter for the biggest quarterly decline since 2012. Payments players, which have been big beneficiaries of such investments, are beginning to feel the pinch.

Capital 221
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BNP Paribas, Barclays and Goldman Sachs Invest in AI Startup Digital Reasoning

Bank Innovation

’s Barclays, Square Capital, Goldman Sachs, Nasdaq, Lemhi Ventures, HCA, and the Partnership Fund for New York City. based Digital Reasoning was launched in 2012. Artificial intelligence startup Digital Reasoning has raised $30 million from a group of major banks, in a round led by French bank BNP Paribas. The.Read More.

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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. This is the digital bank’s fourth acquisition of a working capital loan portfolio. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff.

Capital 130
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Amazon Opens Three More Brazilian Logistics Hubs

PYMNTS

The new centers are operating in Minas Gerais, Rio Grande do Sul and Brasilia, the country’s capital, and increase the number of Amazon logistics hubs in Brazil to eight. .

Capital 289
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Today In Payments Around The World: Red Dot Lands $200M For Tech Startups; Walmart Sells Retail Locations To Grupo de Narváez

PYMNTS

In today’s top payments news around the world, Red Dot Capital Partners has landed $200 million to invest in tech firms, Walmart announced it would sell its retail operations in Argentina to Grupo de Narváez. Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups.

Retail 210
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Fintech Funding: Capital on Tap secures a $237M credit line

BankInovation

Capital on Tap announced Thursday that it has secured a $237 million credit line from $3.8 The company was founded in 2012, and more than 200,000 small business customers […]. trillion JPMorgan and investment firm Triple Point.

Capital 97
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Ex-Amazon Security Chief Joins Capital One Board

PYMNTS

In a nod to just how important cybersecurity is becoming to larger firms within the financial space, Capital One said on Monday (Feb. Brought on board, in this case, is literal, as Capital One has created a new seat on its board of directors dedicated to cybersecurity.

Capital 100