PYMNTS

MAY 16, 2016

And possibly at the hands of some rather unexpected buyers: Berkshire Hathaway Chairman Warren Buffett and Quicken Loans Founder (and Cleveland Cavaliers owner) Dan Gilbert. Berkshire Hathaway seems to be backing the financing for this exercise in a move similar to its role in 3G Capital’s takeovers of H. Heinz and Kraft.

Cleveland 100

Cleveland Exercises Capital Report 100

PYMNTS

MARCH 5, 2016

But Federal Reserve Bank of Cleveland senior policy analyst Ann Marie Wiersch told Forbes in an interview that bank lending to small businesses is still struggling. Among the most common complaints for online lenders included “high interest rates, unfavorable repayment terms and lack of transparency,” the report wrote.

Cleveland 100

Cleveland Lending Survey Online 100

PYMNTS

NOVEMBER 16, 2016

Black Friday and Cyber Monday sales continue to increase year over year — while some project online holiday sales at $98 billion, new estimates from the National Retail Foundation project that this year’s online holiday sales could reach $117 billion. They can account for almost 3 percent of all revenue lost.

Retail 100

Retail Fraud Cleveland Ohio 100

Abrigo

JANUARY 22, 2015

Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). Its goal was to capture the perspectives of small businesses with less than 500 employees across ten states.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

MARCH 11, 2020

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”.

Company 130

Company Miami San Antonio Oklahoma City 130

CB Insights

FEBRUARY 12, 2020

Goodcover , a San Francisco-based insurtech, raised a $2M seed round led by Fuel Capital. Proformex , a Cleveland-based life insurance policy management platform, raised $500K from undisclosed investors as indicated in its Form D filing. The company has raised $7M in total disclosed funding to date.

blockchain 41

blockchain Online Policies San Francisco 41

CB Insights

SEPTEMBER 26, 2018

Notable projects: The Mayo Clinic OB Nest explores ways for women with low-risk pregnancies to reduce the number of their in-person doctor visits through a combination of dedicated nurses, a special online community, and in-home monitoring. Cleveland Clinic — Cleveland Clinic Innovations (CCI). Founded: 2000.

Innovation 73

Innovation New York Cleveland New York City 73