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London: still the #1 Global Financial Centre

Chris Skinner

The GFCI rates 88 financial centres and finds the top ten are: London New York Singapore Hong Kong Tokyo San Francisco Chicago Sydney Boston Toronto Updated every six months, the main headlines of this half year are: Brexit and the US election have had a significant impact. Of the 29 GFCI centres in the region, 16 declined and 12 rose.

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The Venture Capital Funnel: Analyzing The Top Startup Tech Hubs For Raising Funding — And Exiting

CB Insights

Given the brutal odds of getting funding — and even tougher odds of exiting — we analyzed the VC funding funnel by region to see what percentage of companies in each region were able to raise funding between Series A through Series E rounds, and what percentage ultimately exited. Want the full expert post?

Boston 70
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How Spend Tools Feed Food Banks’ Need For Accountability

PYMNTS

The new Workforce Spend Playbook highlights the newest solutions helping SMBs to more effectively manage their capital, and focus on their expansion ambitions. This demand is driving the global expense management software market to reach $6.6 billion in value by 2025. Inside The Playbook.

Tools 141
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60 Percent Of Americans Want The Branch, Not Mobile, To Open New Account

PYMNTS

From mid-2012 to mid-2017, Capital One Financial Corp. cut 22 percent and Regions Financial Corp. Bank of America is expanding this year into Pittsburgh, while JPMorgan will open as many as 400 branches over five years into cities like Boston and Washington, D.C. cut 32 percent of its branches, SunTrust Banks Inc.

Mobile 109
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The Case For Localizing Mom-And-Pop Investment

PYMNTS

At the same time, many early stage startups, particularly in the technology sector, still have access to traditional financing, like venture capital and private equity. Last week, small business accounting company ScaleFactor released a new survey on how SMBs access capital. Localizing Capital.

Capital 145
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Barclays Supports Circle Social Payments App

PYMNTS

This marks a milestone for this digital currency company, which has rapidly been making a name for itself in the FinTech ecosystem in the region. Circle is a Boston-based startup that has major VC backers, along with big banks like Goldman Sachs and Digital Currency Group as an investment firm backer.

Payments 100
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Corporate Banks Need Radical Tech Shift, Say Analysts

PYMNTS

And while partnerships, collaboration and internal product development have helped banks to improve their reputations for innovation among their corporate clients, a new report from Boston Consulting Group says it’s not enough. ” Positive Developments, New Opportunities. ” Positive Developments, New Opportunities.

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