PYMNTS

JANUARY 24, 2020

To provide small to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. The company said Atlanta has a diverse and growing ecosystem, with new firms, new talent, more connectivity, and greater capital.

Atlanta 131

Atlanta Seattle Community Industry 131

PYMNTS

AUGUST 3, 2020

the Atlanta-based global consumer credit reporting agency. Giant credit-card issuers such as Capital One Financial Corp. It turns out, financial institutions report missed consumer payments and a request for more credit have not materialized, The Wall Street Journal (WSJ) reported. From February through June, U.S.

Cards 243

Cards Atlanta Report Data 243

PYMNTS

JANUARY 11, 2021

He added that Cardtronics’ debit network complements NCR’s payments platform and the combined new entity will offer a comprehensive connection of retail and bank customers “while capitalizing on the banking industry’s transition toward infrastructure outsourcing.”.

ATM 172

ATM Operations Houston Georgia 172

American Banker

JULY 23, 2021

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Atlanta 81

Atlanta Capital Community Bank Community 81

Abrigo

JANUARY 24, 2025

Multifamily properties in high-growth Sunbelt cities like Atlanta and Phoenix face elevated criticized loan volumes after aggressive origination between 2019 and 2021. It also helps banks and credit unions evaluate their potential impact on earnings and capital ratios. Senior housing and aging office buildings add to the pressure.

Lending 221

Lending Trends Risk Management Management 221

PYMNTS

NOVEMBER 11, 2020

Park Place Payments , which provides payment processing to companies, and Atlanta-based NOW® Corp unveiled a collaboration that is meant to change how small and medium-sized businesses (SMBs) take payments, according to a Wednesday (Nov. 11) announcement.

Payments 217

Payments Atlanta Innovation US 217

PYMNTS

JANUARY 10, 2021

In mid-December, Cardtronics announced a $35 per share offer from an entity owned and controlled by private equity firms Apollo Global Management and Hudson Executive Capital. NCR is based in Atlanta. 31, Cardtronics received an “unsolicited proposal from a third party to acquire all of the ordinary shares of Cardtronics for $39.00

ATM 192

ATM Houston Atlanta America 192

Bank Innovation

DECEMBER 5, 2018

The digital banking software provider Q2 Holdings announced yesterday it had acquired Atlanta-based digital sales platform Gro Solutions. This acquisition, the second of the year for Austin, Texas-based Q2, came about through a shared investor, Gro CEO David Eads told Bank Innovation.

Austin 150

Austin Atlanta Texas Lending 150

Bank Innovation

APRIL 5, 2016

Atlanta-based small business lender Kabbage is snapping up bank deals in Europe. Yesterday, the company announced it had reached an agreement with Santander UK to serve the bank’s SME customers. This follows a similar deal with ING in Spain last October.

Atlanta 150

Atlanta Company Lending Capital 150

American Banker

DECEMBER 13, 2019

If successful, the bank would become the third to open in the Atlanta area in recent years. Organizers have applied to form Craft Bank.

Atlanta 54

Atlanta Georgia Community Bank Capital 54

ABA Community Banking

MARCH 31, 2021

When the coronavirus pandemic began, Craft Bank was just about to begin its capital raise as a de novo community bank in Atlanta. With its roadshow about to begin, CEO Ross Mynatt and his small team threw out the playbook and began pivoting. The post Podcast: Crafting a New Bank Amid COVID-19 appeared first on ABA Banking Journal.

Atlanta 105

Atlanta Community Bank Community Capital 105

PYMNTS

JUNE 7, 2017

BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry , announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone Capital Partners. BAM provides technology, payments processing and working capital loans to the U.S. trucking industry.

Atlanta 101

Atlanta Capital Industry Online 101

Abrigo

APRIL 25, 2024

The negative correlation of funded business loans to the Fed funds rate is a staggering 86% as businesses weigh their needs for capital against expensive debt and lenders aim to limit risk. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

DECEMBER 14, 2018

.” In fact, the job grew 33 times faster than other positions this year, with demand highest in San Francisco, New York City and Atlanta. California-based hedge fund Pantera Capital has revealed that it might have to issue refunds to its backers after the U.S.

blockchain 155

blockchain Bitcoin Report San Francisco 155

William Mills

MARCH 8, 2018

Metro Atlanta has established itself as a major hub for the fintech (financial technology) industry. According to the American Transaction Processors Coalition, more than 70 percent of all payments on a global scale currently pass through companies headquartered in metro Atlanta, earning the city the moniker “Transaction Alley.”

Atlanta 42

Atlanta Fintech Georgia Metro 42

PYMNTS

SEPTEMBER 24, 2020

My wife and I trust Greenlight to give us the modern tools to teach our children how to manage money,” said Gardiner Garrard, founding partner at TTV Capital, a prior investor that co-led the latest round. “Greenlight’s rapid growth is a testament to the value they bring to millions of parents and kids every day.

Atlanta 140

Atlanta Leadership Financial Technology Capital 140

PYMNTS

NOVEMBER 14, 2018

hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. The funding round was led by hedge fund D1 Capital Partners, and came only six months after the startup closed on a $350 million round of investing. A source told Reuters that the additional funding comes from investors, including U.S.

San Francisco 156

San Francisco Nashville Minneapolis Charlotte 156

PYMNTS

JULY 27, 2020

Atlanta-based REPAY said terms included $8 million in cash and $8 million in further payments that will be triggered if cPayPlus meets performance milestones. Horrocks said in a prepared statement: “We look forward to working with REPAY to capitalize on the ever-increasing demand for AP automation solutions. REPAY says it handled $3.8

Atlanta 130

Atlanta Leadership System Resources 130

South State Correspondent

APRIL 6, 2022

Change 1: Cost of Capital and Capital Allocation. Back in 2020, banks’ capital cost was at a record low as it averaged a little under 6% for the industry. Now, the cost of capital has been up 44% since then. Below is our current weighted cost of capital for different-sized banks.

Capital 195

Capital Training Management Atlanta 195

CFPB Monitor

AUGUST 17, 2021

The complaint’s allegations mirror those in the lawsuit filed by the FTC against the respondents in 2019 in an Atlanta federal district court. Supreme Court ruled in AMG Capital Management LLC v. The FTC brought the 2019 lawsuit under Section 13(b) of the FTC Act and the relief sought included restitution, refunds, and disgorgement.

Capital 78

Capital Management Atlanta Strategy 78

PYMNTS

JULY 26, 2020

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. The price was not disclosed. Launched in 2006, Ansonia reports on seven million businesses in more than 140 industries.

Data 167

Data Company Pennsylvania Atlanta 167

PYMNTS

MAY 19, 2017

The company revealed Crosslink Capital led the funding, which also saw participation from Talis Capital and Enterprise Security Syndicate. million in Series B funding this week, led by Atlanta Ventures and Edison Partners. Based in the U.S., B2B Marketing. Account-based marketing platform Terminus, based in the U.S.,

Capital 154

Capital Atlanta Management Security 154

Payments Source

SEPTEMBER 24, 2020

Atlanta-based fintech Greenlight has raised $215 million in a Series C round and announced that it has achieved a valuation of $1.2 billion, giving it unicorn status.

Atlanta 115

Atlanta Fintech Capital Cards 115

PYMNTS

NOVEMBER 24, 2019

Capital spending went up by 0.8 The two tech giants raised capital spending by $1.9 Three other firms increased capital spending — Intel, Berkshire Hathaway and NextEra Energy — which helped offset the drop in spending by others. The five companies combined upped their capital budgets 30 percent or $4.7 percent or $1.2

US 109

US Capital Atlanta Apple 109

PYMNTS

MARCH 22, 2018

According to Venture Beat , this latest round of funding was led by Manhattan-based VC firm Stripes Group, with participation from existing investors that include Union Square Ventures, Insight Venture Partners and Spark Capital. based Featurespace and Atlanta-based Pindrop.

Fraud 108

Fraud Atlanta Capital Big Data 108

PYMNTS

DECEMBER 12, 2018

Back in October, NCR announced that it was acquiring Pennsylvania-based JetPay , “a provider of end-to-end payment processing and human capital management solutions.”. JetPay ’s services include card acceptance, processing, payroll, payroll tax filing, human capital management services and more. It is headquartered in Atlanta, Ga.,

Payments 115

Payments Samsung Pennsylvania Atlanta 115

PYMNTS

JANUARY 5, 2020

Whole Foods Market opened its 500th store in Atlanta in April. Last year, RBC Capital Markets estimated that Amazon Go’s average annual sales at each of its nine stores would hit $1.5 million Amazon Go stores. A Bloomberg report in 2018 indicated that Amazon could open as many as 3,000 Amazon Go stores by 2021.

Atlanta 133

Atlanta Marketing Retail Capital 133

PYMNTS

APRIL 3, 2018

The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer. and venture-capital firms DST Global and QED Partners. which valued the company at nearly $4.5

Lending 116

Lending Fintech Atlanta Capital 116

PYMNTS

OCTOBER 16, 2017

16), Beall, Illinois-based food service retailer Ruby Tuesday has agreed to an acquisition by Atlanta, Georgia, private equity franchise funding firm NRD Capital. per share and NRD Capital assuming or retiring all debt obligations, CNBC reported. According to CNBC news reports published on Monday (Oct.

Illinois 100

Illinois Georgia Atlanta Capital 100

American Banker

MARCH 16, 2022

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Atlanta 41

Atlanta Capital Cards Management 41

PYMNTS

JANUARY 19, 2018

With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale. The investment was led by GGV Capital and Digital Sky Technologies, with participation from Founders Fund, AME Cloud Ventures and Vaizra Investments.

Millennials 128

Millennials Las Vegas New Jersey New York 128

Abrigo

APRIL 28, 2016

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.

National 150

National San Jose Los Angeles United States 150

PYMNTS

AUGUST 20, 2020

The service launched in Atlanta, Chicago and Denver. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges. And in mid-July, DoorDash and Walgreens announced a home delivery partnership covering many non-prescription items.

San Francisco 130

San Francisco San Diego Los Angeles Milwaukee 130

PYMNTS

DECEMBER 21, 2016

POS platform company Appetize recently announced that it had closed a $20 million investment round led by Shamrock Capital Advisors and Oak View Group, among others. Appetize, a Playa Vista, California-based POS company, delivers modern ordering and payments technology for enterprise businesses.

Los Angeles 100

Los Angeles Company Atlanta New York 100

PYMNTS

NOVEMBER 12, 2020

Park Place Payments , which provides payment processing to companies, and Atlanta-based NOW® Corp unveiled a collaboration that is meant to change how small and medium-sized businesses (SMBs) take payments, according to a Wednesday (Nov. Park Place Payments, NOW Corp Team For SMB Payments. 11) announcement."

Management 167

Management Payments Atlanta Innovation 167

Abrigo

JANUARY 22, 2015

The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. Firms seeking credit had varying purposes for doing so, but among the most popular were expanding their business, funding day-to-day operations and replacing capital assets.

Community Bank 150

Community Bank Community Regional Cleveland 150

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Marketing Lending 195