PYMNTS

SEPTEMBER 24, 2020

The funding initiative is being led by existing investors Great Hill Partners LP, the Boston-based private equity firm, Eight Roads Ventures, the global venture capital firm based in China and.406 406 Ventures, the Boston venture capital fund. Terms of the deals were not disclosed.

Company 169

Company Atlanta Boston Software 169

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

American Banker

JULY 23, 2021

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Atlanta 81

Atlanta Capital Community Bank Community 81

PYMNTS

SEPTEMBER 17, 2020

The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release. Mastercard said it will invest $500 million in Black communities across the U.S. This is a time for action.

Community 282

Community St. Louis Los Angeles Ohio 282

American Banker

MARCH 16, 2022

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Atlanta 41

Atlanta Capital Cards Management 41

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

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

OCTOBER 19, 2020

Shares of the Atlanta-based payment processor had risen by nearly 10 percent to $12.50 With additional capital to draw upon, Paya said it will also be able to “accelerate” its hunt for additional companies and services to buy. on the Nasdaq Stock Market shortly before Wall Street's 4 p.m.

Payments 266

Payments Atlanta Software Fintech 266

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

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

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

PYMNTS

JANUARY 15, 2019

30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. Notably, at the Atlanta event, participants from Visa, Square and Yelp will participate in the workshops. An inaugural Jan. For example, Simon said, the Jan. India and Mexico.

Atlanta 189

Atlanta New York social media Community 189

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 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

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

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

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

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

American Banker

OCTOBER 30, 2020

The announcement comes two weeks after Craft Bank became Atlanta's first new bank since 2010. RockPoint Bank is on pace to open early next year.

Tennessee 31

Tennessee Atlanta Capital Community Bank 31

American Banker

DECEMBER 9, 2016

has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta. SmartFinancial in Knoxville, Tenn.,

Tennessee 28

Tennessee Capital Atlanta Community Bank 28

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

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

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

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

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

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

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

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

CB Insights

MAY 24, 2021

Workrise , a staffing solutions provider, has raised $300M in a Series E with participation from Andreessen Horowitz, Franklin Templeton, Baillie Gifford, Founders Fund, Bedrock Capital, among others. It operates in more than 70 areas in the US, including Atlanta. How’s the company performing? Want the full post?

Atlanta 69

Atlanta Texas Training Operations 69

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

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

Bobsguide

JULY 13, 2022

“I look forward to working with all facets of the organization to capitalize on their momentum in the space and to continue to grow the company with great success,” he said. NXTsoft is headquartered in Birmingham and has offices in Atlanta, Orlando and Denver. About NXTsoft.

Pennsylvania 88

Pennsylvania Denver Atlanta United States 88

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

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

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

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

PYMNTS

MARCH 19, 2019

billion GAM-Greensill Supply Chain Fund, run by GAM Holding and Greensill Capital. Dominic Capolongo, global head of funding at Atlanta-based PrimeRevenue , said the trend could ruin a company’s long-term association with its suppliers. “If Vodafone Group has invested in a fund that makes money by paying suppliers late.

Payments 108

Payments Atlanta Policies Trends 108