PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis. Traditional companies have had to embrace tech at an accelerating pace.

Capital 298

Capital Regional United States Meeting 298

Perficient

OCTOBER 27, 2022

Further, large banking organizations that are not GSIBs generally are not subject to TLAC or long-term debt requirements, clean holding company requirements, rules related to qualified financial contract stay provisions in resolution, or Board guidance on recovery planning. Current Capital Requirements. of total leverage exposure.

Capital 275

Capital Regulation FDIC Regional 275

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MAY 26, 2021

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. The presentation will occur on June 10 at 4:00 p.m.

Fintech 462

Fintech North Carolina Charlotte Conference 462

PYMNTS

JULY 19, 2020

Equity crowdfunding program Equifund CFP is launching a Regulation Crowfunding offering to help cannabis tech company Drop Delivery raise money for its all-in-one delivery system for cannabis products, according to a press release. “We’re proud Drop Delivery has chosen to open its doors to early-stage investors with Equifund CFP.”

System 218

System Capital Payments Regulation 218

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Utility account aggregation company Urjanet secured $14.65 Based in France, Memo Bank announced a $22.5

Capital 288

Capital Lending Cards United States 288

PYMNTS

SEPTEMBER 15, 2020

Five times we went to a particular bank during COVID, and five times they had the debit card attached to the wrong company.”. The world needs a FinTech operating system.”. The world doesn’t need another bank,” Poovala told Webster. In terms of mechanics, account holders can make and accept transfers through an Interbank CLABE standard.

System 258

System Operations Fintech Taxes 258

PYMNTS

JULY 28, 2020

While eBay’s second quarter results were stellar, the event was more notable for the unveiling of new CEO Jamie Iannone ’s vision for the company. By the numbers, the pandemic-driven digital shift has been good for the company, as revenue for the quarter was $2.9 The company’s new managed-payments platform has processed $4.7

Company 227

Company Operations Mobile Capital 227

Bank Innovation

MAY 31, 2017

But new businesses are often multi-jurisdictional from day one, multi-platform and technically sophisticated in everything from equity capital to treasury to accounting and payroll software. It means that the banking experience that these companies require can no longer be serviced by their banks alone and they are looking elsewhere.

Capital 316

Capital Lending Data Operations 316

PYMNTS

NOVEMBER 20, 2020

Fresh on the heels of a $200 million round of fundraising, Tel Aviv’s Red Dot Capital is straying from its bread-and-butter focus on homegrown Israeli technology and security startups to find opportunity half a world away in Southeast Asia. But Stern said the strategy shift isn’t just based on the need to fuel growth.

Capital 192

Capital United States Strategy Conference 192

Payments Dive

NOVEMBER 9, 2022

The digital payments company is aiming to cut costs by streamlining operations, reducing capital expenditures and pulling back on vendor contracts.

Capital 243

Capital Operations Payments Company 243

PYMNTS

SEPTEMBER 29, 2020

Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. The company launched in 2019 and had a seed round then for $2.7 Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release.

Payments 300

Payments Capital Online Meeting 300

PYMNTS

OCTOBER 8, 2020

“With a line of credit from Ripple, your financial institution can use XRP to complete instant, low-cost cross-border transfers,” the company said in its announcement. “We The service “lowers both the cost of holding trapped capital and operational costs associated with sending cross-border payments,” Ripple wrote in the announcement.

Capital 250

Capital blockchain Operations Payments 250

Perficient

MAY 28, 2020

Oracle Utilities has long been a leader in industry applications for operations at power generation companies. Utilities, historically, have made heavy capital investments with little to no competition, slowing rapid evolution difficult. Improving Mobility & Field Operations with Oracle SCM.

Analytics 340

Analytics Customer Experience Risk Management Mobile 340

PYMNTS

SEPTEMBER 17, 2020

The move has the potential to provide instant transactions between 4 billion accounts serviced by financial institutions across SWIFT’s network, the company added. We will introduce data innovation that embeds risk and control elements expected from SWIFT, creating peace of mind for business-critical operations.

Innovation 348

Innovation Payments Compliance Data 348

PYMNTS

JANUARY 7, 2021

Digitally native mattress and home goods brand platform Resident landed a $130 million investment headed up by Nexus Capital Management and Ion Crossover Partners with participation from Baron Capital Group in Q4 of 2020, according to a Thursday (Jan. In separate news, digitally native sleep company Purple Innovation, Inc.

Capital 217

Capital Strategy Branding Operations 217

PYMNTS

AUGUST 7, 2020

Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the continent has declined every quarter since Q1 2019. with total funding nearly reaching $391.25 million this week. earlier this year.

Fintech 251

Fintech Capital New Jersey Payments 251

PYMNTS

SEPTEMBER 18, 2020

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. eFileCabinet.

San Jose 226

San Jose Capital Utah Operations 226

PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. fund Lone Pine Capital reached a preliminary deal to buy around 50 million euros of Auto1 stock from DN Capital , an early investor.

Capital 234

Capital Groups Branding Online 234

PYMNTS

NOVEMBER 24, 2019

GoExpedi , an eCommerce, supply chain and analytics startup, has raised $25 million in Series B funding led by Top Tier Capital Partners. CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and other current investors also participated in the round. managing director at Top Tier Capital Partners. “In

Capital 231

Capital United States Analytics America 231

PYMNTS

JANUARY 7, 2021

Current investors Bessemer Venture Partners, Runa Capital and Acton Capital Partners also took part. billion ($2 billion), the company said in a press release. TCV's investments include Netflix, RELEX, Spotify and WorldRemit. . The deal raises the valuation of Mambu and its software banking platform to more than €1.7

United States 255

United States Software Capital Marketing 255

PYMNTS

JANUARY 8, 2021

million in pre-Series A funding recently announced, the company is looking to expand its offering and launch new products that include accounting solutions. Yesler operates a B2B eCommerce platform for the lumber and building materials industry, and investors at Tech Square Ventures have just led a $3.3 B-North has announced $3.66

Fintech 203

Fintech Capital Lending Operations 203

PYMNTS

SEPTEMBER 22, 2020

Mirakl , the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. billion, the company’s U.S. The company was founded in 2006, when Nussenbaum launched an online marketplace for video games. “We Siemens AG and Hewlett Packard Enterprise Co.,

Software 220

Software Retail Capital Branding 220

PYMNTS

SEPTEMBER 21, 2020

As a financing tool that requires business owners to place valuable assets — whether working capital or physical — up for collateral, asset-based financing (ABF) was often viewed as a solution to a dire problem when no other options were available.

Capital 256

Capital Tools Industry Lending 256

PYMNTS

JANUARY 24, 2021

is close to a deal to buy ATM operator Cardtronics , fending off two other bidders, according to the Wall Street Journal on Sunday (Jan. Instead of doing that, both companies opted to leave the table. Cardtronics boasts 285,000 ATMs in 10 countries, and is one of the biggest cash machine operators in the world, WSJ writes.

ATM 293

ATM Retail Operations Software 293

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. The company's website stated that it was founded in 1999 and is 76 percent owned by management.

ATM 243

ATM Leadership Capital Online 243

PYMNTS

AUGUST 21, 2020

While many firms returned the money at Citi’s request, the bank said in court documents, a dozen have been sued after what the bank called an “operational error” caused it to transfer $900 million of its own funds to Revlon creditors one day after the troubled cosmetics company was sued over its restructuring tactics. On Tuesday (Aug.

New York 263

New York San Francisco Capital Analysis 263

Bank Innovation

APRIL 3, 2018

BitPay, a blockchain payments company, closed a Series B of $40 million yesterday, the company announced. The money, as previously mentioned by the startup, will go towards expanding its international operations. The first stop for this expansion will be Asia.

blockchain 316

blockchain Operations Marketing Payments 316

PYMNTS

JANUARY 22, 2021

The bank wants to classify non-bank financial companies as one of four categories, based on circumstances like the size of assets, according to a discussion paper seen by Bloomberg. One proposition is a 9 percent core capital requirement on the top tier, akin to banks. The Reserve Bank of India , according to the Friday (Jan.

Regulation 272

Regulation Capital Lending Groups 272

Perficient

DECEMBER 14, 2020

Crisis response, maintaining safe and operational working conditions, mitigating supply chain disruptions, maintaining liquidity, and deftly responding to shifts in the market have emerged as key focus areas for all businesses. If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind.

Technology 348

Technology Trends Software Resources 348

PYMNTS

NOVEMBER 20, 2020

Investors just delivered another $90 million into the coffers of Loadsmart , a digital freight startup, the company announced Friday (Nov. Chromo Capital co-led the deal. Also participating were Perry Capital, founded by Richard C. Also participating were Perry Capital, founded by Richard C.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

SEPTEMBER 18, 2020

Along the way, these companies that are embracing eCommerce have seen an increasing percentage of sales derived from digital payments. Digital payments — and specifically, card-not-present transactions — may be convenient for consumers, but can impact the very operations of the retailers serving them.

Online 354

Online Survey Maine Study 354

PYMNTS

JANUARY 25, 2021

The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange. In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

Fintech 254

Fintech Operations Tools Capital 254

PYMNTS

DECEMBER 30, 2020

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. To cap off a year in which business travel plummeted, travel and expense management software company Navisteps raised $1 million in pre-seed funding , reports said.

Capital 211

Capital Management Operations Security 211

Bank Innovation

SEPTEMBER 7, 2017

Mobile payments processor Square is filing an application to create an industrial loan company with the Federal Insurance Corporation. The move, which will reportedly take place today, will allow Square to own and operate an industrial bank without being subject to regulatory requirements of a bank holding company.

Industry 312

Industry Mobile Operations Payments 312

PYMNTS

NOVEMBER 13, 2020

But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. based Paid will go toward enhancing the company's eProcurement solution for both buyers and suppliers. million in new funding for U.K.-based and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

NOVEMBER 9, 2020

In today’s top payments news around the world, Red Dot Capital Partners has landed $200 million to invest in tech firms, Walmart announced it would sell its retail operations in Argentina to Grupo de Narváez. Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups.

Retail 210

Retail Capital Payments Fintech 210

PYMNTS

JUNE 29, 2020

But some analysis suggests supplier payment strategies are in flux to better support the working capital positions of corporates. What has changed, the company warned, is average days payable outstanding. Yet changes to days payable outstanding (DPO) may suggest that for the vendors of these companies, it’s not business as usual.

Payments 256

Payments Analysis Capital Strategy 256