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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. This is the digital bank’s fourth acquisition of a working capital loan portfolio. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff.

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Lalamove Launches Delivery Services In Dallas

PYMNTS

Same-day delivery service provider Lalamove has launched its services in the Dallas/Fort Worth area to help small- to medium-sized businesses (SMBs) make quicker deliveries, according to a press release. That came after a $300 million Series D round, handled in part by Sequoia China and Hillhouse Capital.

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Opendoor, Zillow Rival Perch Raises $220M

PYMNTS

The funding, which is a combination of equity to fund operations and debt to fund home purchases, was led by FirstMark Capital , with participation from Accomplice and Juxtapose. After launching in San Antonio in early 2018, Perch has expanded to Dallas-Fort Worth, with more markets planned.

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Pier 1 Plans Sale As It Goes Bankrupt

PYMNTS

The Fort Worth, Texas-based retailer franchise said it filed for chapter 11 protection Monday in U.S. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales. Bankruptcy Court in Richmond, Virginia. The bankruptcy financing from lenders including Bank of America N.A.,

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Elevate To Take Another Crack At An IPO

PYMNTS

Conditions now are different, however, with investors looking for new issues — and the Fort Worth-based firm is ready to try and surf that demand wave. and On Deck Capital, Inc. Money raised through the IPO will be used to pay down outstanding debt owed to alternative-investment firm Victory Park Capital. and U.K. —

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Grappling With COVID-19, Airlines Shift From Passengers To Cargo

PYMNTS

777-300s, will transport medical supplies, eCommerce items and office equipment, flying between Frankfurt and American Airline’s base at the Dallas-Fort Worth airport. The planes, Boeing Co. The move has also been adopted by other firms, grappling with the growing impact of the coronavirus.

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A Rising Texas Star

Independent Banker

Capital market access and employee ownership help fuel Veritex Community Bank’s rapid growth. After a career of nearly three decades as a banker serving various community and regional institutions in the Dallas-Fort Worth area, C. By Kerry Curry. Malcolm Holland struck out on his own five years ago.

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