PYMNTS

NOVEMBER 4, 2020

5) just as the company’s stock is soaring on the election victory of Proposition 22, a California referendum to exempt ridesharing companies from the state’s AB 5 gig worker law. Shares of Uber and other gig economy companies were rallying a day after California voters backed Prop 22. London Reprieve.

California 162

California United States Company Report 162

Bank Innovation

JANUARY 5, 2018

The California-based Wealthfront, which relies on software and algorithms to fuel investments for its clients rather than the traditional human middlemen, will use the capital to keep the […].

Millennials 225

Millennials California Software Capital 225

PYMNTS

SEPTEMBER 22, 2020

The initiative is being led by Goodwater Capital, the Silicon Valley tech investor; Founders Fund, the San Francisco-based venture capital firm; Floodgate, the venture capital company of Palo Alto, California; and New York-based Raine Group LLC, the global merchant bank focused on tech companies. .

San Francisco 225

San Francisco social media California New York 225

PYMNTS

JUNE 15, 2020

Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported. Last year, Square Capital did $2.3 Of that number, 60 percent of the borrowers had never before received a loan through Square Capital.

Capital 141

Capital San Francisco New Jersey Massachusetts 141

PYMNTS

JANUARY 6, 2020

In today’s top news, China is facing a “capital winter” of venture funding slowdown, the U.S. prepares for a potential Iranian cyberattack, and businesses are expected to spend $55 billion to become compliant under the California Consumer Privacy Act. Chinese Tech Sector Faces Capital Crunch. billion ($2.5

Capital 131

Capital Las Vegas US California 131

PYMNTS

AUGUST 28, 2019

California Trucking Weighs In. This week, reports in Capital Public Radio in California noted a legislative proposal that would classify independent truckers as employees, not as contractors — the opposite of what the Labor Department stated in its opinion. State governments are grappling with this debate, too.

California 116

California Taxes Industry New York 116

PYMNTS

NOVEMBER 24, 2020

The combined company, to be led by Metromile CEO Dan Preston , will have a pro forma market capitalization of approximately $1.3 Investors Social Capital, Hudson Structured Capital Management, Miller Value, Clearbridge and Mark Cuban have committed to investing $160 million through a private placement of INSU II Class A common shares.

Arizona 264

Arizona Pennsylvania Capital Washington 264

PYMNTS

JUNE 10, 2020

The BlackRock-led group is injecting capital into Trustly at a time when the company is building out its network, which enables merchants to accept bank transfers with the same ease as they now take credit card payments. Citigroup Global Markets Limited also took part in the transaction, acting as a financial advisor.

Capital 131

Capital Groups California Online 131

PYMNTS

FEBRUARY 7, 2020

In PYMNTS’ latest B2B venture capital roundup, which yielded $75 million in new funding, startups embraced distributed ledger technology for B2B payments and supply chain management, with 80 percent of total funding landing at blockchain companies. ClearMetal.

blockchain 247

blockchain Fintech California System 247

PYMNTS

JANUARY 3, 2020

California has passed the California Consumer Privacy Act (CCPA), a sweeping law that forces companies to tell customers about the data they gather about them, and to allow customers to opt out of those practices. Even the attorney general is still figuring out specifics and probably won’t start enforcing the law until July.

CA 133

CA Data California Capital 133

PYMNTS

APRIL 12, 2019

In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K. Below, find the latest in B2B venture capital funding. The California startup announced $28 million in Series B funding this week, according to VentureBeat reports, led by Tola Capital.

Capital 139

Capital Cards Payments Fintech 139

PYMNTS

JULY 29, 2019

Proposed regulations would give small businesses in California the nation’s most extensive set of truth-in-lending protections for small business borrowers. . In 2018, California began the journey of establishing lending transparency for small businesses in the state.

Lending 182

Lending California Comparison Regulation 182

PYMNTS

SEPTEMBER 12, 2019

Also, Uber will reportedly fight the recent passage of controversial labor legislation in California per reports. Robert Chapman, founder of California investment firm Chapman Capital, said per reports , “It is reasonable to conclude that a relatively large acquisition by Groupon is forthcoming,”.

California 116

California blockchain Google Payments 116

PYMNTS

SEPTEMBER 13, 2020

Opendoor , a San Francisco-based startup that offers a one-stop-shop for buying and selling real estate, is negotiating to go public with a California blank-check company, Bloomberg reported. Opendoor is in advanced talks with Social Capital Hedosophia Holdings Corp. Opendoor and Social Capital II declined to comment to Bloomberg.

San Francisco 197

San Francisco Capital Florida California 197

PYMNTS

APRIL 10, 2020

Beyond Tempe, Starship brought on a grocery delivery service in the nation’s capital last month and grew to Irvine, California. Consumers can order from three restaurants: Tempe City Tacos, Fate Brewing Company and Venezia’s Pizza. The company also increased its service area in Milton Keynes in Britain.

Arizona 267

Arizona Technology California Community 267

PYMNTS

NOVEMBER 3, 2017

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. Based in Finland and with offices in California, MariaDB offers enterprises an open source database solution. Expense Management.

Analytics 189

Analytics Data Capital San Francisco 189

Bank Innovation

DECEMBER 8, 2017

Other investors include California-based investment firms Accel and TCV, both of whom […]. EXCLUSIVE- Emerging markets-focused money transfer app WorldRemit has raised another round of funding, bringing the total amount to $220 million.

California 249

California Marketing Capital Online 249

Bank Innovation

JUNE 5, 2019

A fintech incubator called Silicon Fintech Bay is launching in Redwood City, California. CEO Rick Frisbie declined to say what areas the incubator will focus on, but he told Bank Innovation that selected companies will get to work with the program’s partners on problems they’ve identified. “We

Fintech 247

Fintech California Innovation Company 247

PYMNTS

OCTOBER 5, 2020

In October, the firm will open its 22 nd retail location in its home state of California. Business can be a force for positive change, and this additional capital will allow us to further our mission of bringing more sustainable products to people around the world,” Zwillinger said, per Hypebeast.

Retail 256

Retail Branding California National 256

PYMNTS

JULY 13, 2020

Securities and Exchanges Commission (SEC) charged California’s Abra for failing to register before offering and selling securities-based swaps. But both men later settled charges that they had failed to disclose what they had been paid for backing it. And, the U.S.

Taxes 170

Taxes Bitcoin Capital cryptocurrency 170

PYMNTS

AUGUST 14, 2019

Thompson , who has been accused of hacking into Capital One ’s cloud and compromising the data of 100 million people, may have also hacked into upwards of 30 other companies, according to a Bloomberg report. It also said Thompson had said she would shoot up a social media company in California, although it isn’t known which one.

Company 188

Company Data social media Capital 188

PYMNTS

MARCH 27, 2020

It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. Venture Partners, while existing backer Chicago Ventures and newcomer Soma Capital also participated, according to a press release.

Cards 181

Cards Fintech Capital California 181

Abrigo

MARCH 9, 2017

Community Development Financial Institution (CDFI) loan funds help to promote healthy communities by providing early-stage credit, capital, and financial services to small businesses, affordable housing and community facilities developers, community organizations, and other types of borrowers. communities where capital tends to be scarce.

Community 246

Community San Francisco Capital Philadelphia 246

PYMNTS

JANUARY 8, 2021

India's BharatPe, which operates a B2B payments platform, is currently in the process of building credit solutions for its business users that will include short-term capital loans. million in debt funding raised from Innoven Capital, according to reports, which follows last year's $75 million Series C investment round.

Fintech 203

Fintech Capital Lending Operations 203

PYMNTS

AUGUST 11, 2020

Other investors included Menlo Park, California-based TCV and Index Ventures , the global venture capital firm with dual headquarters in San Francisco and London, along with half a dozen others. Revolut said the TSG cash was part of the funding announced in February, bringing the total raised in that round to $580 million.

San Francisco 239

San Francisco Fintech Digital Banking California 239

PYMNTS

SEPTEMBER 25, 2020

The grants are part of the San Jose, California-based worldwide online payments system’s $530 million pledge made earlier this year to strengthen minority communities and fight for economic equality and racial justice. PayPal Holdings Inc. provided $5 million in grants to support Black-owned businesses in the U.S.

San Jose 261

San Jose Baltimore Nebraska Community 261

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

APRIL 28, 2017

venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. This week’s B2B venture capital roundup is quite indicative of these trends. According to KPMG’s U.S.

Fintech 192

Fintech San Francisco Capital Software 192

PYMNTS

JANUARY 17, 2021

The latest funding comes from HealthQuest Capital , a Belmont, California-based investment fund that focuses on companies in their early stages of growth. In announcing that round, Everlywell ssaid in a news release that the capital would be used “to expand consumer lab testing and digital health offerings.”.

Austin 187

Austin United States Texas California 187

PYMNTS

JULY 24, 2020

In February, Revolut raised $500 million in a round led by Menlo Park, California-based TCV, one of the largest growth equity firms. Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

DECEMBER 9, 2020

The company, based in Redwood City, California, sold 15.5 ai will acquire shares in a private placement as part of the listing, including Microsoft, which would buy $50 million at IPO price, and Spring Creek Capital, which plans to buy $100 million in common stock, Bloomberg writes. Software maker C3.ai million shares on Tuesday (Dec.

Software 198

Software Leadership California Capital 198

PYMNTS

OCTOBER 12, 2018

However, it was a B2B software procurement platform that raised the most money — $55 million — in this week’s B2B venture capital roundup. Energy Innovation Capital and Chevron Technology Ventures led the funding, while R/GA Ventures and Macquarie Capital also came on board as new investors.

Software 190

Software Capital Security Virginia 190

PYMNTS

OCTOBER 26, 2020

Food delivery app DoorDash is working alongside California-based Burma Superstar for a brick-and-mortar store, according to a report from The Verge. In June, the company said it had raised $400 million in equity capital, bringing its total value to almost $16 billion. Rowe Price Associates.

California 195

California Capital Regional Innovation 195

PYMNTS

OCTOBER 19, 2020

AiFi, which was founded four years ago, said the investors include Qualcomm Ventures , existing investors Cervin Ventures and TransLink Capital, new investor Plum Alley and others. “As A variety of openings are expected in California and Texas by the end of 2020. AiFi is also partnering with top supermarkets in the U.S.,

Retail 226

Retail Security Texas California 226

PYMNTS

SEPTEMBER 22, 2019

California Gov. About 70 percent of the 500-plus Uber and Lyft drivers surveyed this month said they were “extremely” or “very” satisfied with their experience on the platform, according to RBC Capital Markets. . Lyft says it has 325,000 drivers in California, while Uber says it has more than 200,000, the article said.

California 164

California New York Survey Capital 164

PYMNTS

FEBRUARY 8, 2019

The company recently announced $10 million in venture capital funding, led by GV and Foundation Capital, while Amicus and Pierre Lamond also participated. Participants in the round also included 42K Investimentos, Chromo Invest and Capital Labs, as well as previous backers Yellow Ventures and Osher Tech.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. X1 Card Raises $12 Million In Funding Round Led By Spark Capital.

Cards 152

Cards California Capital Tools 152