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

APRIL 10, 2020

We’re looking forward to serving the Tempe community as more people are looking for ways to support local businesses while spending more time at home.”. Beyond Tempe, Starship brought on a grocery delivery service in the nation’s capital last month and grew to Irvine, California. to 8:30 p.m.

Arizona 267

Arizona Technology California Community 267

Independent Banker

NOVEMBER 30, 2022

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Bank of Montana, Missoula, Mont.;

Community Bank 169

Community Bank Community Montana Leadership 169

PYMNTS

JANUARY 5, 2021

The San Jose-based community development financial institution, or CDFI, on Tuesday (Jan. The Opportunity Fund provides working capital loans ranging from $2,600 to $100,000 to underserved businesses that might otherwise run afoul of more rigid underwriting requirements and more extensive documentation rules at traditional lenders.

San Jose 198

San Jose Lending Community California 198

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

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

JANUARY 19, 2018

As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. The number of automaker-backed investments seems to have skyrocketed overnight. Ridesharing. Self-Driving Taxis.

Capital 109

Capital Las Vegas San Jose California 109

PYMNTS

AUGUST 13, 2019

The word “California” never fails to conjure up a mental image, though that will vary from person to person – some will think sun and sand, others will think movie stars, while still others will think internet startups. Well, if all of these California test drives go according to plan, anyway. The California Bot-Building Race.

California 100

California San Francisco Washington Oakland 100

PYMNTS

JANUARY 19, 2018

The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. A $40 million Series D funding round makes California’s Anomali one of the VC leaders of the weak. Blockchain.

Capital 118

Capital blockchain Big Data Data 118

PYMNTS

MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. The heart of our communities [and] shopping centers are small businesspeople.”.

Groups 205

Groups California Colorado Illinois 205

PYMNTS

FEBRUARY 8, 2019

However, venture capitalists are urging caution on the tech startup community. The company recently announced $10 million in venture capital funding, led by GV and Foundation Capital, while Amicus and Pierre Lamond also participated. Brazil’s Adianta has announced $2.18

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

JUNE 18, 2020

as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. Ellenbogen continued, “More important than ever, DoorDash is innovating on products and services that power local commerce and enhance their larger community including Dashers, customers, and merchants. Rowe Price Associates, Inc.

Capital 141

Capital Community California Maine 141

PYMNTS

MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. The heart of our communities [and] shopping centers are small businesspeople.”.

California 185

California Colorado Illinois Resources 185

Independent Banker

MARCH 31, 2022

A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. A different kind of peer-to-peer payment service is now available, “built by community banks for community banks.”.

Community Bank 91

Community Bank Community Payments Meeting 91

PYMNTS

JUNE 22, 2020

She said two truths that unite the otherwise diverse community of SMBs are that small businesses are economically vital, but extremely fragile. First, for every dollar someone invests in a small business, 50 percent to 60 percent of that stays in the local community, Urrutia said. Many Small Businesses Only Have Two Weeks Of Cash.

Maine 246

Maine Lending Community Fintech 246

PYMNTS

AUGUST 23, 2020

The startup raised about $2 billion from investors, including SoftBank and venture capital firm Sequoia Capital. as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. At the time, DoorDash said its valuation was $13 billion at the close of 2019. Rowe Price Group.

San Francisco 153

San Francisco Capital California Community 153

PYMNTS

NOVEMBER 25, 2020

“We have a longstanding partnership with CGI, and the CGI Trade360 platform will mean we can continue delivering the best possible trade solutions and service to our clients for many years to come,” said James Binns , global head of trade and working capital at Barclays. Adobe Introduces B2B Capability for Customer Data Platform.

Payments 229

Payments Data Management System 229

PYMNTS

SEPTEMBER 12, 2019

This brings Voyage’s total capital raised to $52 million, according to a blog post written by Oliver Cameron, Voyage co-founder and CEO. “At Voyage’s first driverless product will be able to travel point-to-point within a community at speeds up to 25 mph.

Florida 119

Florida Community Capital California 119

PYMNTS

MARCH 21, 2019

Aura , a community development financial institution that provides cost-friendly loans to families, has completed a $50 million private social bond issuance, the company announced on Thursday (Mar. The money from the issuance will allow for 32,561 credit-building loans to what the company calls underserved and underbanked communities.

Arizona 107

Arizona Illinois Community Capital 107

PYMNTS

MAY 22, 2018

So, what made Benchmark Capital confident enough to put $50 million behind Good Eggs, a San Francisco-based, curated, on-demand grocery store specializing in “absurdly fresh” local meats and produce? And there are meal kits, a huge and widely varied subset of the vertical. What Growth Will Look Like.

Capital 108

Capital San Francisco Company California 108

PYMNTS

APRIL 14, 2020

Cisco , the California-based global technology company, announced a new financing program that allows customers to defer 95 percent of the cost of new products until January, according to a press release. ” Cisco Capital, the company’s vendor financing division, will provide $2.5

California 151

California Operations Community Software 151

PYMNTS

MARCH 30, 2020

In Series B and Series B+ rounds headed up by VMG and XVC, California-based eCommerce grocer Weee notched almost $50 million in financing. Lightspeed Ventures, iFly.vc, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported.

Los Angeles 143

Los Angeles San Francisco Sacramento Seattle 143

PYMNTS

SEPTEMBER 17, 2020

The success of the Libra project lies with the extended community that supports it,” noted an organization blog post. Mint’s decision to phase out the production of pennies next year, a partner at Andreessen Horowitz, a California-based venture capital firm, said money will be digital by 2030. On the heels of the U.S.

Management 142

Management social media Leadership California 142

Abrigo

JUNE 25, 2015

During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their community bank to cover operating costs or invest is other lines of the agricultural business. Farmers & Merchants Bank of Central California leads ag lending in the West, with more than $250 million.

Community Bank 150

Community Bank Sacramento Lending Wisconsin 150

American Banker

FEBRUARY 12, 2020

Capital Corps, founded by former Banc of California CEO Steven Sugarman, wants the minority-run Broadway sold to a buyer that serves low- and moderate-income borrowers.

California 65

California Groups Capital Community Bank 65

PYMNTS

JUNE 16, 2020

Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. As a result, he said, Americans need to have information to keep themselves and their communities safe. Head of Cybersecurity Strategy Tom Kellermann said, testifying before a U.S.

US 227

US Cyber Security Security National 227

Independent Banker

DECEMBER 1, 2021

The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism. billion-asset community bank in Oakland, Calif., When it comes down to it, though, the community bank’s mission is radically simple. Photo: Ashley Courter.

Oakland 153

Oakland Community Community Bank Leadership 153

PYMNTS

JULY 14, 2017

With headquarters in California, PayStand provides cash management and accounts receivable solutions to business customers using blockchain and SaaS tools. The company recently announced new venture capital, and while it didn’t disclose how much it raised, the investor is quite noteworthy.

Fintech 134

Fintech Capital Innovation Industry 134

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

MAY 31, 2019

Investors at Barclays Bank and BOLD Capital Partners led the investment, while TFX Capital Partners, Techstars Ventures and First Derivates also participated. The funding was provided by QED Investors, 9Yards Capital, Silicon Valley Bank, Financial Venture Studio, BootstrapLabs and former QuickBooks GM Dan Wenikoff, the company said.

Capital 143

Capital Analytics Big Data Data 143

American Banker

MAY 21, 2024

West Coast Community Bancorp agreed to acquire 1st Capital Bancorp in an all-stock deal slated to close in the fourth quarter.

Community 36

Community Community Bank California Capital 36

PYMNTS

MARCH 20, 2019

Point , a California-based home equity and finance company, has raised $122 million in financing, $22 million of which came from a Series B funding round spearheaded by DAG Ventures and Prudential Financial, according to reports. Financial Venture Studio, Ribbit Capital and Enterprise Community Partners also chipped in.

Capital 108

Capital California Community Technology 108

American Banker

DECEMBER 19, 2023

Led by veteran banker Stephen Gordon, Genesis Bank in Newport Beach, California, plans to use the funds pledged by private equity firms and other investors to roll up community banks in the Western U.S.

California 50

California Community Bank Community Capital 50

Jeff For Banks

FEBRUARY 12, 2024

Perry's perspective is clearly focused on shareholder value and may be viewed as shareholder primacy, a sometimes derogatory term because pursuing shareholder value could be done at the expense of other stakeholders, such as employees, customers, and communities. Raised capital in late 2019. 14/25 Capital priorities for banks: 1.

Columbus 104

Columbus Indianapolis Capital Community Bank 104

PYMNTS

MAY 27, 2020

If you talk to a bank CEO, they will tell you that most of them want to grow deposits, unless you are big enough that you worry about allocating capital. HMBradley offers FDIC-insured accounts through Hatch Bank based in California, and rates of about 3 percent on its savings accounts.

Fintech 236

Fintech Innovation Digital Banking FDIC 236

PYMNTS

MARCH 31, 2020

Launched in 2015 by Co-founders Stas Matviyenko and Anna Polishchuk and headquartered in Los Angeles, California, Allset works with more than 2,500 restaurants in 11 major U.S. The new funding will help the company further assist the communities they serve, as well as advance efforts to keep employees safe. We aim to be the No.

Los Angeles 140

Los Angeles New York California Community 140

Abrigo

MARCH 20, 2015

The ratio gauges a bank’s ability to cover its bad debts with its tangible equity capital. California is also a healthy state for banking – with 15 of 20 banks on the Western list in the Golden State. The Lone Star State is also home to the most banks with a zero Texas Ratio, meaning those banks have taken on no bad loans.

Texas 150

Texas Regional California Community Bank 150