PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. A large company tends to have a half dozen — maybe eight or even 10 — payment service providers even if they are not, say, heavily global. FinTechs, such as Modo, handle the technology and the data security issues.

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Company Fintech Payments Software 209

PYMNTS

DECEMBER 28, 2020

The funding round was led by Pantera Capital and included Coinbase Ventures and LuneX Ventures. We see institutional capital come into the crypto space with the expectation of banking integrations to complement crypto credit offerings,” CEO Darshan Bathija said in a statement, according to CoinDesk. In other news, the U.S.

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Capital Security cryptocurrency Fraud 175

PYMNTS

AUGUST 4, 2020

Japanese eCommerce and payments platform hey announced a Series E investment led by Bain Capital , a press release says. The round was also supported by PayPal Ventures , Goldman Sachs, YJ Capital, Anatole, and existing investor World Innovation Group, according to the release.

Capital 194

Capital Payments Meeting Groups 194

PYMNTS

OCTOBER 19, 2020

Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct.

Retail 226

Retail Security Texas California 226

PYMNTS

JUNE 24, 2020

Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based Since COVID-19, non-bank lenders have been hurting as capital markets became less available and retail investors tried to withdraw their cash from the P2P sector, the Times reported. Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

PYMNTS

JANUARY 12, 2021

Porter Capital , which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release.

Capital 178

Capital Tools Lending Community 178

PYMNTS

NOVEMBER 13, 2020

has secured a $25 million venture loan facility from Horizon Technology Finance Corp., a specialty finance company that provides secured loans to venture capital-backed companies. . The company aims to disrupt the $100 rental and mobility markets. Peer-to-peer car-sharing platform Getaround Inc.

Security 168

Security Capital Mobile Technology 168

PYMNTS

NOVEMBER 27, 2020

More consumers than ever are turning to online shopping channels to meet their needs during the pandemic, but many are also aware that cybercriminals are looking to capitalize on this stepped-up online activity to steal their card data. Firms are also prioritizing security as they transact online more heavily as well.

Cards 197

Cards Security Tools Online 197

PYMNTS

NOVEMBER 25, 2019

Sweden-based Detectify, a crowd-based online security company that incentivizes “elite hackers” to help developers stay abreast of security issues, has raised €21 million in a funding round, according to a report. The startup has been continuously growing, counting companies like Spotify, King and Trello as customers.

Security 248

Security Capital Community Software 248

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

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 Aye Finance.

Capital 288

Capital Lending Cards United States 288

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

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.” State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

NOVEMBER 24, 2020

Digital auto insurer Metromile plans to go public by merging with publicly traded INSU II (Nasdaq: INAQ), a special purpose acquisition entity sponsored by Cohen & Company (NYSE: COHN). The combined company, to be led by Metromile CEO Dan Preston , will have a pro forma market capitalization of approximately $1.3

Arizona 264

Arizona Pennsylvania Capital Washington 264

PYMNTS

JULY 17, 2020

Based in Nigeria, B2B eCommerce and supply chain technology startup TradeDepot raised $10 million in a pre-Series B equity round led by Partech, International Finance Corporation, Women Entrepreneurs Finance Initiative and MSA Capital. TechCrunch reported this week that the company raised $10.2 ’s Ravelin secured $20.6

Fintech 225

Fintech Capital Fraud Cards 225

PYMNTS

DECEMBER 18, 2020

Chinese companies held 30 initial public offerings (IPOs) this year, raising $11.7 The IPO rate for Chinese companies is the highest since Alibaba’s massive market debut in 2014, according to CNBC , citing a new report from Renaissance Capital. and China over trade and security issues. China and the U.S.

Phoenix 268

Phoenix Regulation Capital Marketing 268

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

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

DECEMBER 22, 2020

Companies seeking to hold initial public offerings (IPOs) on the New York Stock Exchange (NYSE) no longer will be required to let investment banks buy and sell the first shares to hit the market, the Financial Times (FT) reported. Securities and Exchange Commission (SEC) Tuesday (Dec. 22), FT reported. Until today.

New York 285

New York Groups Innovation Marketing 285

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. million in "bridge" funding, with the company planning to close a $27 million Series A investment round that will enable it to secure its banking license.

Fintech 203

Fintech Capital Lending Operations 203

PYMNTS

NOVEMBER 11, 2020

Cloud-based cybersecurity platform SentinelOne has raised $267 million in a Series F funding round, the company announced in a press release. Other investors included Sequoia Capital Global Equities and existing investors Insight Partners and Third Point Ventures, the release stated.

America 268

America Study Security Meeting 268

PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. The move has the potential to provide instant transactions between 4 billion accounts serviced by financial institutions across SWIFT’s network, the company added.

Innovation 348

Innovation Payments Compliance Data 348

Perficient

DECEMBER 14, 2020

If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind. In order to capitalize on projected increases, marketplaces will have to expand offerings, standardize contracts and billing terms, and simplify multi-vendor management. The Public Cloud Market Will Surge.

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

JULY 10, 2020

Taulia , a B2B FinTech startup, made headlines this week thanks to reports that the company is raising funds from Ping An Insurance Co. As discussions about Taulia’s fundraise continue, below, PYMNTS looks at the latest venture capital rounds that were secured this past week, with a combined $45.87 Morgan Chase & Co.

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Capital Operations Security Technology 192

Perficient

JUNE 30, 2022

In 2022, FTX broke ground on its new headquarters in Nassau, the country’s capital. Ryan Salame, the co-CEO of FTX, said the campus could serve as a bellwether for similar crypto companies looking to take advantage of the island country’s favorable tax and regulatory frameworks. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

Bank Innovation

JULY 10, 2019

Matt Oppenheimer, co-founder and CEO of Remitly, said he couldn't get into specifics on the additional financial services the company plans to provide, […].

Seattle 210

Seattle Security Online Company 210

PYMNTS

APRIL 24, 2020

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. bank technology firm securing $100 million to expand in the region. Plus, an accounts payable technology company announced a $127 million equity round. KarbonCard.

Fintech 193

Fintech Capital Security Digital Banking 193

PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Flutterwave.

Fintech 198

Fintech Capital San Francisco Georgia 198

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

PYMNTS

APRIL 17, 2020

With only four investment rounds, B2B FinTechs were able to secure more than $181 million in fresh funding — an impressive sum amid turbulent times. Cerebro Capital. Leading the pack this week is Airwallex, which secured $160 million in Series D funding as it looks to broaden its cross-border payments offerings.

Fintech 193

Fintech Payments Capital Lending 193

PYMNTS

SEPTEMBER 18, 2020

Next Insurance , the online insurance provider for small businesses, is negotiating a deal to raise new capital in a round that would value the FinTech startup at $2.25 Google’s parent company, is in talks to lead the $250 million funding round for the Palo Alto, California-based insurer, the news service reported.

Security 175

Security California Capital Policies 175

PYMNTS

OCTOBER 2, 2020

Scan recent headlines and you’ll see that Equifax bought Ansonia Credit Data; Corsair Capital bought B2B payments solution provider MSTS, and OnDeck was bought out. Special purpose acquisition companies (SPACs) have been all the rage, too. And companies must deliver — or risk being rendered obsolete. to go public.

Payments 277

Payments Innovation Capital Fintech 277

PYMNTS

OCTOBER 19, 2020

Now, companies need matching virtual ways to pay their suppliers, according to the release. Other benefits, the release says, include extended pre-approvals for card spend, better security when paying with virtual card technology and using the card payment cycle to better management working capital for buyers.

Cards 319

Cards Risk Management Tools Policies 319

PYMNTS

FEBRUARY 21, 2020

As Deputy Director, Mr. Mosier oversees FinCEN’s wide-ranging work to protect the financial integrity and national security of the United States,” the release states. Mosier returns to FinCEN from Chainalysis, the digital currency analytics, investigations and compliance company, where he served as chief technical counsel.

Innovation 250

Innovation National United States Leadership 250

PYMNTS

AUGUST 5, 2020

Rocket Companies, the parent of mortgage lending giant Quicken Loans , reduced its terms to go public, Bloomberg reported. The company, founded by billionaire Dan Gilbert, is seeking to raise about $2 billion in an initial public offering (IPO). Essentially, Dan Gilbert is maintaining full control of the company.”.

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Cleveland Detroit New York Company 233

PYMNTS

OCTOBER 19, 2020

Ken So , founder and CEO of Flowcast , told PYMNTS that today’s $3 trillion worldwide SMB “credit gap” is narrowing because the criteria to secure loans are changing, and increasingly, embracing alternative data sources. So, there’s this higher demand for working capital to fulfill the cash-flow needs along that whole supply chain,” So said.

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Fintech Lending Capital Security 302