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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. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. This is the digital bank’s fourth acquisition of a working capital loan portfolio.

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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. Lalamove has been operating since 2013 and has 22 markets in Asia, Latin America and North America.

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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. The company expects to operate its business in the normal course during this process,” Pier 1 said in its statement. Bankruptcy Court in Richmond, Virginia. The bankruptcy financing from lenders including Bank of America N.A.,

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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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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. In a similar move, Cathay Pacific is considering operating cargo-only services on passenger jets to Japan, following significant cuts to the passenger network.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

More recently, news emerged that Pawscout has secured $3 million in seed funding from Leadout Capital. The retailer plans to bring its number of clinics to 100 from the current 21 in operation. Walmart will kick off the expansion with new clinics in the Dallas-Fort Worth area. Pet Medicine.

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

We serve our local geographic market which is the Dallas - Fort Worth metropolitan area. We serve the dental and other health professional industries through a centralized loan and deposit platform that operates out of our main office in Dallas, Texas and serves clients in 30 states. Texas Capital Bancshares, Inc.