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Healthcare Tech Company Truepill Raises $75M To Expand

PYMNTS

Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC., The new service is expected to expand Truepill’s direct-to-patient capabilities.

Company 184
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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

As a national charter, the bank can offer credit and cash-flow management, the company said. The initiative was co-led by new investor Gallatin Point Capital LLC, a Connecticut private investment firm, and existing investor The Rise Fund , a global impact investment fund. Varo Bank N.A. To date, Varo has raised $419.4

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

The tri-state area (New York, New Jersey and Connecticut) saw the highest growth in the district, an impressive 7 percent. ” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. The OCC on Oct.

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On Demand Pay Finds A Home In Financial Services

PYMNTS

Any number of variables can highlight how the traditional two-week pay cycle puts pressure on the management of household finances. Yet, in neighboring Connecticut, the top income tax rate is 7 percent. This created unique challenges for its workforce, ranging from employee burnout to caring for children at home.

Taxes 170
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PPP Lender Guidance Details How Borrowers Apply for a Second PPP Loan

Abrigo

Generally, receipts are considered “total income” (or in the case of a sole proprietorship, independent contractor, or self-employed individual “gross income”) plus “cost of goods sold,” and excludes net capital gains or losses as these terms are defined and reported on IRS tax return forms. Credit Risk Management. What's required.

Taxes 195
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2017 Has Now Seen 4 Of New York’s Top 10 VC-Backed Tech Exits

CB Insights

MongoDB, which provides database management services, is backed by investors including Union Square Ventures, Sequoia Capital, New Enterprise Associates. This latest exit means 4 of New York’s top 10 largest venture capital-backed first exits over the last 6 years have taken place in 2017 year-to-date.

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Samsung Snags Auto Parts Supplier Harman For $8B

PYMNTS

The big buy of the Connecticut-based firm instantly vaults Samsung into the world of automotive technology in a big way. The largest auto suppliers boast revenues of $20 billion or more annually, meaning they are ideally suited to the capital-intensive world of giving automobiles a technological facelift. for $8 billion in cash.

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