Capital Detroit Online 
Bank Innovation
APRIL 19, 2019
The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase.
PYMNTS
DECEMBER 6, 2019
Vroom , an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the company. Durable Capital Partners led the round, and T. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products.
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PYMNTS
JANUARY 16, 2020
For instance, online marketplace and auction site eBay has released eBay Motors, a new app that uses AI to list a car in under five minutes, according to a report by The Verge. The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest.
PYMNTS
SEPTEMBER 14, 2020
As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. The six targeted cities – Detroit, Dallas, New York, Denver, San Diego and Phoenix – were to be part of an investment of over $1.4 14) that it is hiring for 100,000 new regular positions across the U.S.
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. Kioshi created a site that allows users to search and save online coupons.
PYMNTS
MARCH 14, 2017
The company provides online banking platforms with small business solutions to help FIs better service their SMB clients. 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
PYMNTS
MARCH 17, 2017
million in venture capital — the most the industry has seen in a while. Autobooks provides online banking platforms with solutions tailored to the SME crowd, including accounting and payments. The B2B FinTech investment space has been relatively slow in recent months, but U.S. startups led the way this week with a healthy $101.5
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