Remove Capital Remove Charlotte Remove Operations
article thumbnail

Tech Center: Charlotte On The Edge of Tech Greatness

PYMNTS

Just west of the Research Triangle in North Carolina, Charlotte’s technology industry has been slowly growing over the past few years. million over the course of the next three years to build up a FinTech hub in Charlotte. As we reported about three weeks ago, Bank of America has announced its plans to invest $1.5

Charlotte 118
article thumbnail

Perficient to Present at Fintech Generations 2021

Perficient

While Fintech Generations was historically an in-person conference in Charlotte, North Carolina, this year’s event, similar to 2020, will be virtual and is expected to attract more than 1,000 attendees. RevTech Labs alumni have raised over $2 billion in venture capital and have had more than $230 million in company exits.

Fintech 462
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Varo Bank’s Pepe Porrata to speak at Bank Automation Summit

BankInovation

Pepe Porrata, chief operating officer at Varo Bank, will join a panel on “Ideation in Banking — the Art of Generating New Products and Services” at Bank Automation Summit 2022 on Wednesday, March 2, at 2:15 p.m. ET at the JW Marriott in Charlotte, N.C. The panel discussion will address how to use design thinking […].

article thumbnail

5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

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. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

article thumbnail

Bank of America’s Head of Digital to Speak at Bank Innovation ’17

Bank Innovation

Achtner leads Bank of America’s Digital Banking Practice, responsible for the development and deployment of digital solutions for the Charlotte, N.C.-based based bank. Achtner also manages the Read More.

article thumbnail

Jaja Buys Bank Of Ireland UK Card Business

PYMNTS

However, the bank put the credit business up for sale with a larger strategy to divest some of its operations. FinTech market had a strong showing last year, with venture capital and private equity investments hitting $3.3 billion in 2018, according to an industry trade group, while venture capital investments were $1.7

Cards 100
article thumbnail

Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Founded in 2000 by CEO Michael Praeger, the Charlotte, North Carolina-based firm provides software that automates payments, invoicing and accounting for small and mid-sized businesses (SMBs). AvidXchange previously raised $300 million in 2017 at a $1.4 billion valuation led by PayPal Co-founder Peter Thiel and Mastercard.