PYMNTS

JULY 8, 2020

Securities and Exchange Commission, the Detroit-based parent of Quicken Loans and Rocket Mortgage will go public under the name Rocket Companies. Rocket Companies, one of the nation’s largest mortgage lenders and parent of Quicken Loans , filed its initial public offering (IPO) late Tuesday (July 7). In its application with the U.S.

Detroit 135

Detroit Company Report Management 135

CB Insights

FEBRUARY 1, 2019

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.

United States 78

United States Capital DC Rhode Island 78

PYMNTS

SEPTEMBER 14, 2020

The six targeted cities – Detroit, Dallas, New York, Denver, San Diego and Phoenix – were to be part of an investment of over $1.4 The news comes as COVID-19 has triggered a jump in Amazon 's sales, with its Q2 results seeing revenues and profits nearly double even as it spent over $9 billion on capital improvement initiatives.

Operations 141

Operations San Diego Detroit Phoenix 141

PYMNTS

JULY 28, 2020

Detroit-based Rocket Companies, which owns the Dan Gilbert -founded company Rocket Mortgage , is seeking an initial public offering (IPO) for $3.3 According to David Kudla , CEO of Mainstay Capital Management, Gilbert’s stake in the company meant he’ll likely retain full control over everything that happens with the company.

Cleveland 140

Cleveland Detroit New York Company 140

PYMNTS

AUGUST 7, 2020

the Detroit-based parent of mortgage lending giant Quicken Loans, reduced its bid to go public to $2 billion. You’re seeing a low-rate environment in conjunction with decreased (mortgage) applications,” Michael Underhill, chief investment officer for Capital Innovations, the Wisconsin-based firm that invests in IPOs, told Reuters. “So,

Detroit 160

Detroit Wisconsin New York Company 160

PYMNTS

JUNE 8, 2020

In December of last year, Vroom notched $254 million in a Series H funding round led by Durable Capital Partners. It also opened an engineering port in Detroit last year — a city it chose for its “wide pool of skilled tech, design and product talent, as well as its longtime automotive industry legacy.”. L Catterton, T.

Detroit 131

Detroit America Capital Report 131

PYMNTS

MARCH 14, 2017

The new funding also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, the company said, adding that the round follows its self-funded $2 million in seed financing. “We

Detroit 122

Detroit Michigan Marketing Strategies Fintech 122

PYMNTS

DECEMBER 9, 2019

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. The retailer is opening SoGifted shops in its flagship Manhattan store and six other locations. Lauderdale.

Las Vegas 136

Las Vegas San Antonio New York City Detroit 136

Perficient

MAY 21, 2021

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. More About Emily Merline’s Bright Paths Project: Writing Stats App.

Milwaukee 348

Milwaukee Software Course Detroit 348

PYMNTS

JANUARY 16, 2020

Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. The company also opened an engineering port in Detroit this year, choosing the city for its “wide pool of skilled tech, design and product talent, as well as its longtime automotive industry legacy.”

Retail 131

Retail Detroit Video Online 131

Celent Banking

APRIL 28, 2017

The Ford GT showcases Detroit's recent focus on platform engineering — the configuration of common unibody structures and drivetrain components to create unique products that can appeal to disparate customers.

Innovation 150

Innovation Detroit Community Bank Strategy 150

PYMNTS

FEBRUARY 9, 2018

Since its launch, the firm added working capital analytics and other tools for its corporate finance clients. Just months after its official launch, Quilam Capital, which provides debt and equity to FinTechs, announced its third investment. based Inception Capital, reports in Crowdfund Insider said. Alternative Lending.

Fintech 100

Fintech Detroit Capital Michigan 100

PYMNTS

AUGUST 20, 2020

Chicago, Cincinnati, Milwaukee, Detroit and Indianapolis customers can order from Meijer and Fresh Thyme. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges. The service is launching on the West Coast and in the Midwest.

San Francisco 130

San Francisco San Diego Los Angeles Milwaukee 130

PYMNTS

MARCH 17, 2017

million in venture capital — the most the industry has seen in a while. The backing, which also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, will be used to expand operations, gain new bank and credit union clients, and focus on sales, distribution and marketing, the company said.

Fintech 104

Fintech Detroit Capital Michigan 104

PYMNTS

JULY 24, 2018

In a press release , the Detroit car maker said the new unit will also be charged with accelerating the autonomous vehicle (AV) business so that Ford can capitalize on market opportunities.

Detroit 100

Detroit User Experience System Technology 100

Celent Banking

APRIL 28, 2017

The Ford GT showcases Detroit's recent focus on platform engineering — the configuration of common unibody structures and drivetrain components to create unique products that can appeal to disparate customers.

Innovation 134

Innovation Detroit Community Bank Strategy 134

PYMNTS

SEPTEMBER 22, 2020

Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan. REITs are not exactly a source of good or even consistent news these days. But apparently they’re doing something right in Philadelphia.

Philadelphia 206

Philadelphia Retail DC Detroit 206

PYMNTS

JULY 25, 2018

The service is available now in Chicago, Detroit and Ann Arbor, Michigan. In this beta, we are excited to offer GM owners the opportunity to capitalize on this demand and earn income by listing their vehicles.”. Your car is one of the most expensive things you own. Once information is collected from the beta, additional U.S.

Detroit 100

Detroit Michigan Chicago Training 100

PYMNTS

JUNE 17, 2016

One such case is that of the Detroit-based Lakeside Mall that has defaulted on a $144 million loan payment. In 2006 or 2007, everything was beautiful,” said RBC Capital Analyst Rich Moore. It takes a lot of hope and a lot of capital to reinvent a mall that’s already somewhat uncompetitive in its market,” Busch said.

US 100

US Payments Detroit America 100

PYMNTS

FEBRUARY 15, 2019

15) that Amazon officially called off its Long Island City HQ2 project in Queens , the city known unofficially as the capital of the Midwest put in another plug for itself as the rightful place for that facility. Chicago provides an example of how optimism endures in payment and commerce even if all the odds are set against you.

New York City 124

New York City New York Chicago Nashville 124

PYMNTS

OCTOBER 12, 2018

And Starbucks has a new investor : Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St. percent stake in Starbucks.

Retail 116

Retail New York City San Francisco New York 116

PYMNTS

AUGUST 27, 2018

car maker said the new unit will also be charged with accelerating the autonomous vehicle (AV) business, so that Ford can capitalize on market opportunities.

Software 100

Software Google Detroit System 100

American Banker

APRIL 18, 2024

The Detroit-based company is exploring ways to make more consumer auto loans without running afoul of stricter capital standards that are expected from the Federal Reserve. Possible approaches include more securitizations and the use of credit risk transfers.

Detroit 28

Detroit Capital Company Lending 28

American Banker

MARCH 21, 2016

Ally Financial in Detroit reached a truce with Lion Point Capital, as it agreed to appoint an independent director in consultation with the activist investor.

Detroit 28

Detroit Capital Regional National 28

Independent Banker

JANUARY 28, 2016

But a couple are pushing up against the metro Detroit area. We capitalized on the expertise of many different areas of the bank, including lenders and processors, as well as outside experts. Badley: We have a cool blend of communities. Some are heavily farming communities. Badley: It was a group effort. It had to be.

Community 70

Community Compliance Community Bank Leadership 70

CB Insights

JANUARY 3, 2019

NACTO has other partnerships, including one with scooter company Lime that allows it to provide anonymized scooter use data to the government of Detroit. The company graduated from Y Combinator in Q1’15 and raised $10M in Series A funding from Sequoia Capital in Q2’17. Remix creates visualizations .

Data 72

Data Los Angeles Mobile Tools 72

Fintech Labs Insights

JANUARY 20, 2017

The round featured participation from Detroit Venture Partners, Firebrand Ventures, High Alpha, Ludlow Ventures, and Next Level Ventures, and brings Dwolla’s total capital to just over $39 million. The post Dwolla Raises Capital, Relaunches Access API appeared first on Finovate.

Capital 12

Capital Iowa Kansas City Detroit 12

CB Insights

JULY 22, 2017

Sequoia Capital, BMW Group, GE Ventures, Google Ventures. GE Ventures, Highland Capital Partners. GE Ventures, Highland Capital Partners. Bloomberg Beta, Lux Capital, IA Ventures. First Round Capital, Lerer Hippeau Ventures. Frost Data Capital, GE Ventures, Intel Capital. 3D Printing. Desktop Metal.

Marketing 29

Marketing Resources Capital Analytics 29

CB Insights

OCTOBER 9, 2018

Select investors: CRV, Initialized Capital, Y Combinator. Select investors: GGV Capital, Ventech China, Fosun International. Select investors: Sequoia Capital China, Junzi Capital. Select investors: Rosecliff Ventures, Fontinalis Partners, Detroit Venture Partners. Disclosed funding: $10.6M. What’s next?

Retail 71

Retail Technology San Francisco Mobile 71

Fintech Labs Insights

JULY 30, 2024

83,000 17 17 Credibly 28 2010 Detroit 82 97,000 18 19 IOU Financial 23 2011 Atlanta 132 40,000 19 18 Upright (was Fund that Flip) 15 2014 NYC 53 42,000 20t 21 BizFI 13 2005 NYC 160 0 20t 22 SMBX 13 2016 SF 15 30,000 22 23 HoneyComb Credit 12 2017 Pittsburgh 11.9 CAN Capital FAB Score = 127 (down 1) – HQ: Atlanta – Founded: 1998 – Raised: $1.0B

Atlanta 29

Atlanta Utah Miami San Francisco 29

Tomorrow's Transactions

DECEMBER 12, 2014

In case you’re wondering, that’s me drinking French champagne in a toast to celebrate that France took over from the UK as the card fraud capital of Europe in 2013. Having said that, it is debit card nation that is actively working to get rid of cash.

Cards 66

Cards Payments Taxes Retail 66

Fintech Labs Insights

MAY 12, 2021

CAN Capital. Lighter Capital. Fundera (NerdWallet). Camino Financial. Fund that Flip. HoneyComb Credit. Pittsburgh. Charlotte. Patch of Land.

Atlanta 15

Atlanta Utah DC Detroit 15

Fintech Labs Insights

MAY 12, 2021

CAN Capital. Lighter Capital. CAN Capital. Lighter Capital. HQ: Detroit. Fundera (NerdWallet). Camino Financial. Fund that Flip. HoneyComb Credit. Pittsburgh. Charlotte. Patch of Land. Website visitors: 990,000 (April 2021, SimilarWeb). Employees: 120 ( Pitchbook ). Citations: 166 (Crunchbase). Trustpilot : 4.7 (153

Atlanta 15

Atlanta Utah DC Detroit 15

CB Insights

JUNE 17, 2020

Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well. Even before the Covid-19 pandemic, an increasing amount of capital was being devoted to cybersecurity.

Industry 101

Industry Technology Online Video 101

Fintech Labs Insights

NOVEMBER 19, 2021

CAN Capital. Lighter Capital. CAN Capital. Lighter Capital. HQ: Detroit. Fundera (NerdWallet). Biz2Credit. Fund that Flip. Lendistry. Patch of Land. HoneyComb Credit. Pittsburgh. Forward Line. Website visits: 940,000 (Oct 2021, SimilarWeb). Employees: 119 ( Pitchbook ). Articles: 176 (Crunchbase). 156 reviews). .

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

CAN Capital. Lighter Capital. CAN Capital. Lighter Capital. HQ: Detroit. Fundera (NerdWallet). Biz2Credit. Fund that Flip. Lendistry. Patch of Land. HoneyComb Credit. Pittsburgh. Forward Line. Website visits: 940,000 (Oct 2021, SimilarWeb). Employees: 119 ( Pitchbook ). Articles: 176 (Crunchbase). 156 reviews). .

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

CAN Capital. Lighter Capital. CAN Capital. Lighter Capital. HQ: Detroit. Fundera (NerdWallet). Biz2Credit. Fund that Flip. Lendistry. Patch of Land. HoneyComb Credit. Pittsburgh. Forward Line. Website visits: 940,000 (Oct 2021, SimilarWeb). Employees: 119 ( Pitchbook ). Articles: 176 (Crunchbase). 156 reviews). .

Atlanta 15

Atlanta Utah Miami DC 15