PYMNTS

OCTOBER 21, 2020

The company said the new funding will “provide capital, as well as access to KKR’s operational resources and global network.” Jon and team have proven they can deliver explosive growth with impressive capital efficiency.”. RVshare’s goal is to rapidly build up the RV rental industry, noted a press release.

Ohio 150

Ohio Capital Resources America 150

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

MARCH 2, 2020

Jumia , which was founded by two Frenchmen in 2012, operates in 11 African countries, from Morocco to Nigeria and Kenya, and has been referred to as Africa’s version of Amazon. The commission I earn as a Copia agent has been my working capital,” said Kihara, 48. All this has been possible due to money from the business.”.

Maine 157

Maine New York Capital Resources 157

PYMNTS

AUGUST 9, 2019

New York aviation startup Wheels Up has notched a $128 million Class D equity capital raise co-led by new investor Franklin Templeton, the company said in a press release on Friday (Aug. TMC, the largest wholesale-focused light jet operator in the U.S., Wheels Up now has a valuation north of $1.1

New York 139

New York Capital Operations Community 139

Abrigo

OCTOBER 29, 2014

This metric surged from 2 percent as of June 30, 2013, to 4.4 Operational Risk: Lastly, the OCC mentioned an increase in operational risk, and its intent to focus on: • Significant growth areas, new products, new or expanded services and changes in strategic direction. percent as measured on June 30 of this year.

Rhode Island 236

Rhode Island District of Columbia New Jersey West Virginia 236

PYMNTS

JULY 28, 2019

Nubank was founded in 2013 as a small startup aimed at giving people control over their financial lives. Previous contributors also participated in the funding round, including Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital and Thrive Capital. This year, Nubank started operations in Mexico and Argentina.

America 134

America Capital California Fintech 134

PYMNTS

SEPTEMBER 21, 2018

The departure will conclude nearly seven years in the position for Meissner, who spearheaded a “reshaping” of corporate and investment banking operations following its merger with Merrill Lynch post-financial crisis. The unit handles the bank’s corporate lending, M&A advisory services and capital raising operations.

America 135

America Samsung Mobile Operations 135

PYMNTS

OCTOBER 5, 2020

Lalamove has been operating since 2013 and has 22 markets in Asia, Latin America and North America. There is no revenue share model, so restaurants are able to boost their operations through adding delivery services for customers, avoiding paying commissions usually seen in specialized delivery programs, the release stated.

Dallas 131

Dallas Fort Worth America Training 131

PYMNTS

NOVEMBER 30, 2020

Reports noted one business, hedge fund Levitas Capital, was forced to shutter operations following a whopping $6.4 the report noted that, according to the FBI, between October 2013 and May 2018 the number of recorded BEC scams hit nearly 80,000 — a figure that is likely on the rise as BEC scams increase amid the pandemic. "We

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

DECEMBER 10, 2018

Capital One made the headlines then – a genius move, many called it at that time, for an issuer that lacked demand in deposit accounts and had no other way to provide a debit-like offering that would make their brand sticky to consumers. The REDCard has seen its growth slow appreciably since 2013, the year of the infamous Target breach.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

JANUARY 16, 2020

Founded in 2013, the company was formerly called Taxify and rebranded to include additional offerings, like food delivery and scooters. The ridesharing firm is still operating there while it appeals the decision. In Estonia, Bolt delivers from around 80 restaurants in Tallinn, the capital of the Eastern European country.

Regulation 130

Regulation Capital Examples Innovation 130

PYMNTS

APRIL 22, 2019

Lakson Investments Venture Capital (LIVC) led the round, which was reportedly for growth in Pakistan. Bookme Founder and CEO Faizan Aslam said per the report, “The capital raise will accelerate our scaling across Pakistan and facilitate the enhancement of our platform as a trusted market leader by customers, operators and payment partners.

Mobile 108

Mobile Payments Report Capital 108

PYMNTS

MAY 6, 2019

billion in 2013. Luckin was founded in 2017 and does not operate under a profit; the company warned it will continue to lose money for a while. Other investors in the company include Chinese investment firm Centurium Capital and Joy Capital, along with U.S. billion cups last year from 4.4 It is expected to rise to 15.5

Capital 108

Capital Company Operations Management 108

PYMNTS

DECEMBER 19, 2018

For small- and medium-sized businesses (SMBs) in need of capital, bank loans are undoubtedly the first place they look. For smaller companies that have traditionally relied on bank loans, private equity and venture capital funding, it links them to another source of capital.

Marketing 134

Marketing Capital Security Trends 134

PYMNTS

JUNE 26, 2019

.” Getaround, which launched the connected carsharing marketplace in 2013 with its Getaround Connect device, will now operate in seven European countries: Norway, France, Germany, Spain, Austria, Belgium and the U.K. The entire Nabobil team will join Getaround to continue operations and oversee expansion in the region.

Regional 108

Regional User Experience US Operations 108

Jeff For Banks

MARCH 29, 2014

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). Texas Capital Bancshares, Inc. In preparation for meetings, I frequently read 10k''s.

Strategy 99

Strategy Texas San Antonio Fort Worth 99

PYMNTS

OCTOBER 7, 2016

The world’s largest retailer by sales will be pumping the breaks on its store expansion model as it reorients its attention toward expanding its e-commerce operations and infrastructure. billion capital budget. Walmart also confirmed it will be looking toward its current assets more as it looks to expand future growth.

Retail 129

Retail Capital Online Marketing 129

Abrigo

NOVEMBER 2, 2016

Banks operating in oil and gas intensive areas of the U.S. Using data from quarterly Call Reports going back to 2013, analysts compared the performance of “energy-sensitive banks” with that of similar banks that aren’t located in energy-dependent regions. This failure rate is significantly below historical averages, the study noted.

Comparison 150

Comparison Regional Study Risk Management 150

Abrigo

APRIL 1, 2015

McGrane and Hilsenrath also noted that following the push for higher capital cushions, “regulators are now focusing on corporate governance and the role of directors to ensure banks have the right culture and controls to prevent excessive risk taking.” How complex is the bank’s operating model?

Risk Management 150

Risk Management Community Bank Regulation Management 150

PYMNTS

MARCH 21, 2017

To stay competitive, consumer-facing companies need to change the way they operate, said Lior Sion, cofounder and CTO of global enterprise logistics management solutions provider Bringg. We see ourselves as an operating system for deliveries,” Sion said, “a system that solves for everything. Enter Bringg. That’s part of the magic.

System 131

System Operations Management Tools 131

PYMNTS

MAY 16, 2018

Worse, soon after, the ADP released a report that found FinTech – and that expansive market of alternative trade finance players – has yet to make a meaningful impact on the lack of capital available to global traders. ” Shippers are forced to spend time on manual tasks, such as phone calls, to try to cover the loads that need moved.

Survey 124

Survey Capital Fraud Payments 124

PYMNTS

JUNE 18, 2019

The company was sold to Criterion Capital less than two years after, and the Birches purchased it for $1 million in 2013. Then it reportedly pivoted again into the organization and operation of streaming tournaments. Through its last pivot, the company attempted streaming services for players of eSports.

social media 108

social media Millennials Video Report 108

PYMNTS

AUGUST 24, 2018

They are the owners of Transact Pro , which operates as a payments processing firm in Latvia. The bank now gets a bit of fashioning, as the Latvian duo now join the board (Chapter 11 allows firms to operate as they restructure their debts). The bank itself? It was in Chapter 11 bankruptcy, as had been declared in November of last year.

Colorado 101

Colorado Leadership Fintech Operations 101

BankUnderground

FEBRUARY 11, 2021

Large amounts of capital flow across borders. Our case study of French banks operating in London – part of a broader international initiative – suggests prudential policies have a much bigger offsetting effect on French banks’ lending out of the UK’s financial centre than on their lending out of headquarters in France.

Policies 126

Policies Lending Capital Case Study 126

PYMNTS

JULY 26, 2016

Aiming to stop hackers in their paths , startup StackPath came out of stealth mode on Monday (July 25) with $180 million in venture capital funding. The company, which also made four acquisitions on its first day as an operating company, is launching a Security-as-a-Service platform to help companies combat data hacks.

Security 100

Security Capital Data Company 100

PYMNTS

FEBRUARY 16, 2017

“Our benchmarking data confirms the hazards of clinging to traditional credit-centric revenue models and static, inflexible operating practices,” said BCG’s corporate banking segment global leader, Carsten Baumgärtner, in a statement. Baumgärtner also coauthored the report. ” Positive Developments, New Opportunities.

Survey 109

Survey Regional America Innovation 109

PYMNTS

JUNE 19, 2018

Rent-A-Center ‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. Vintage also owns rent-to-own operation Buddy’s Home Furnishings.

Lending 103

Lending United States America Industry 103

Abrigo

JUNE 29, 2022

Any swing in income at the producer level may create additional ag credit needs for operating expenses or pressure credit quality. Both payments and higher prices had helped ag producers in 2020 and 2021 generate their highest levels of net farm income since 2013. Pandemic-Related Stimulus Ends. Estimated net farm income was $119.1

Kansas City 195

Kansas City Kansas Lending Oklahoma 195

PYMNTS

JANUARY 17, 2018

Founded in 2013, Bringg’s platform enables enterprises and third-party logistics providers to manage on-demand and last-mile deliveries in more than 50 countries worldwide. Companies can take the [operating system (OS)] and use it in any way that they want.”. and Israel.

Retail 110

Retail System Operations Management 110

PYMNTS

AUGUST 23, 2018

We posted solid results this quarter by capitalizing on delayed spring demand,” said President and CEO Marvin R. The reported earnings included non-cash pre-tax charges of $230 million, the result of the company’s decision to close all 99 locations of Orchard Supply Hardware, which Lowe’s purchased out of bankruptcy in 2013.

Retail 100

Retail Taxes Capital US 100

PYMNTS

OCTOBER 24, 2016

Drizly isn’t a company that operates its own stores, but rather it works with liquor stores in 27 markets around the United States that give Drizly their inventory and pricing lists. Drizly has raised $33 million in venture funding from six rounds since it launched in 2013. Delivery is a fulfillment option.

Online 100

Online United States Comparison Report 100

PYMNTS

MARCH 16, 2016

In his place, corporate venture capital leader Claudia Fan Munce assumed his seat on the board as of Monday, though Anderson will remain with the retailer until its yearly shareholder conference in June. “I

Minneapolis 100

Minneapolis Leadership Conference Retail 100

PYMNTS

JUNE 13, 2019

The company was founded in 2013 to “build the world’s first decentralized wireless network,” according to the Helium website. Now the company has recently raised $15 million in capital, bringing its total to some $51 million. Mobile network operators have started the hard work of 5G deployments but there is still a ways to go.

Austin 164

Austin Maine Survey Mobile 164

PYMNTS

JUNE 10, 2019

billion Canadian dollars, exiting the German market while staying in the Netherlands (with an eye on revamping operations there). billion buy of Lord & Taylor in 2006, the public debut of Hudson’s Bay as a public company in 2012, and the acquisition of Saks Fifth Avenue in 2013.

New York 108

New York Retail Groups Capital 108

PYMNTS

FEBRUARY 20, 2019

And both of those big firms have a stake in China International Capital Corp. billion in capital via 924 funding rounds last year. Mobile banking also has recently attracted investment from Tencent – in this case, via a company called N26 that launched in Germany in 2013. Tencent was part of that action.

Mobile 129

Mobile America Fintech Capital 129

PYMNTS

FEBRUARY 14, 2019

A report this week said that an online used-car platform in that country called BeliMobilGue has raised $10 million in fresh capital in a Series A funding to help expand its offerings. L Catterton, General Catalyst Partners, Fraser McCombs Capital and individual investors also participated in the round. million in a previous round. “If

Capital 117

Capital Online Report Maine 117

PYMNTS

FEBRUARY 6, 2018

And so with his friend, former Capital One executive and former South African Air Force member Mickey Konson, he founded StreetShares , Inc. “We Our first base of operations was my basement in Reston, Virginia.”. Between its founding in 2013 and 2016, StreetShares had previously raised $8.3 A Different Type Of Platform.

Lending 119

Lending Virginia United States Capital 119