PYMNTS

AUGUST 4, 2020

Japanese eCommerce and payments platform hey announced a Series E investment led by Bain Capital , a press release says. The round was also supported by PayPal Ventures , Goldman Sachs, YJ Capital, Anatole, and existing investor World Innovation Group, according to the release.

Capital 194

Capital Payments Meeting Groups 194

PYMNTS

JANUARY 12, 2021

Porter Capital , which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release.

Capital 178

Capital Tools Lending Community 178

Accenture

JANUARY 23, 2022

However, during the pandemic we witnessed the union of social (media, communities and group action) and capital (saving and trading) as…. With this rise of the retail investor comes significant opportunity, as recently highlighted by our colleague Scott Reddel. From a customer experience perspective, direct investing is nothing new.

Retail 370

Retail social media Customer Experience Community 370

PYMNTS

NOVEMBER 20, 2020

Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. Ribbit Capital, a VC firm in the U.S. million Series A round in July that featured Deciens and Raptor Group.

Fintech 332

Fintech San Francisco Capital cryptocurrency 332

Payments Dive

JULY 21, 2024

While some community groups spoke in favor of the $35.3 billion merger at the Friday virtual meeting, a raft of critics urged regulators to block the deal.

Capital 195

Capital Community Meeting Regulation 195

Chris Skinner

JULY 23, 2020

Things we’re reading today include … Ex-Barclays banker’s sexist comments about Amanda Staveley released Ant Group announces plans to list in Shanghai and Hong Kong Banks lose out to capital markets when it comes to credit provision A shift from paper to virtual cash will empower central banks What are … The post Things worth (..)

Capital 346

Capital Groups Marketing 346

TheGuardian

MARCH 6, 2024

Coalition of advocacy groups warn that deal would ‘further concentrate risk’ in the financial system and ‘must be stopped’ Regulators have been urged to block Capital One’s $35bn takeover of Discover by campaigners who say the blockbuster deal is “dangerous, illegal, and must be stopped”. Continue reading.

Groups 96

Groups Capital System US 96

Bank Innovation

MARCH 20, 2018

Artificial intelligence startup Digital Reasoning has raised $30 million from a group of major banks, in a round led by French bank BNP Paribas. ’s Barclays, Square Capital, Goldman Sachs, Nasdaq, Lemhi Ventures, HCA, and the Partnership Fund for New York City. The other investors include U.K.’s

New York City 264

New York City New York Capital Groups 264

Bank Innovation

MARCH 23, 2020

Industry group Financial Innovation Now urged Congress in a letter to provide capital to online lenders including PayPal and Square Inc., Financial-technology firms including PayPal Holdings Inc. are lining up to help speed lending to small businesses during the coronavirus crisis — and are pushing for a slice of emergency U.S.

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US Fintech Lending Capital 259

PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. fund Lone Pine Capital reached a preliminary deal to buy around 50 million euros of Auto1 stock from DN Capital , an early investor.

Capital 234

Capital Groups Branding Online 234

Bank Innovation

JUNE 20, 2019

Founded in 2010, London- and New York-based venture firm Anthemis Group focuses on early-stage and Series A fintech investments. Its total deployed and deployable capital amounts to […].

Fintech 253

Fintech New York Capital Groups 253

Perficient

MARCH 22, 2023

Recent headlines have highlighted the failure of SVB Financial Group, the parent company of Silicon Valley Bank (“SVB”). Short Capital? SVB Financial had Tier 1 risk-based capital of 15.40% as of December 31, 2022, over 80% higher than the 8.50% regulatory required ratio. Total risk-based capital 16.18 Tier 1 leverage 8.11

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Report Regulation Capital Management 474

PYMNTS

NOVEMBER 19, 2020

Venture capital cash has been flowing this year to companies that plan to buy up sellers on Amazon and help them grow. The deal follows in the footsteps of Berlin-based Razor Group , which raised $26.7 The latest such deal has Berlin-based SellerX landing 100 million euros ($118 million) of financing, reported Tech.eu.

Capital 281

Capital Marketing Branding Groups 281

Accenture

AUGUST 24, 2020

As I mentioned recently on the World Economic Forum’s COVID Action Platform (Accenture leads the WEF’s COVID-19 Banking and Capital Markets Industry Action Group), the next few months will likely see the weight of activity shift…. The post Four ways banks can bolster their credit management appeared first on Accenture Banking Blog.

Management 274

Management Capital Groups Industry 274

PYMNTS

JANUARY 22, 2021

One proposition is a 9 percent core capital requirement on the top tier, akin to banks. Middle-layer non-bank lenders would follow a board-approved policy on capital adequacy, and upper-layer shadow financiers would follow exposure rules like those big banks follow. It will only let them take on a limited amount of leverage.

Regulation 272

Regulation Capital Lending Groups 272

Payments Dive

MAY 19, 2022

SpotOn plans to use the capital to develop new products and services, the San Francisco-based company said. The funding round was led by Dragoneer Investment Group.

San Francisco 221

San Francisco Capital Payments Groups 221

PYMNTS

JUNE 29, 2020

A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing grocery delivery sector.

Capital 273

Capital Groups Retail Report 273

PYMNTS

NOVEMBER 30, 2020

Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Velo Labs, Visa and Lightnet Group will work together on payment offerings targeted at serving the micro, small and medium enterprise (MSME) lending market in Asia, the announcement stated.

Lending 197

Lending Groups Capital Security 197

Bank Innovation

MAY 22, 2018

There are quite a few lending solutions these days for small businesses -- Funding Circle, OnDeck, Kabbage, and Square Capital, to name a just a few -- but innovation and digitization are lagging in other areas, such as digital account opening. Enter Gro Solutions, a sales and marketing platform for financial institutions.

Innovation 316

Innovation Atlanta Capital Lending 316

PYMNTS

NOVEMBER 4, 2020

China’s move to suspend Ant Group’s anticipated blockbuster initial public offering (IPO) likely came from the top echelon of the Chinese government, according to a report in the Financial Times. The suspension came just two days before shares of Ant Group were to go live on the Hong Kong and Shanghai stock markets. A collective $2.7

Lending 240

Lending Groups Regulation Marketing 240

PYMNTS

MARCH 19, 2020

One of the conditions would require the proposed bank to maintain levels of capital that are significantly higher than typical FDIC-insured banks,” FDIC Chairman Jelena McWilliams said a statement. Some bank lobbyists and community groups were not in favor of the move because it was going after an Industrial Loan Company (ILC) bank charter.

FDIC 276

FDIC Utah San Francisco Capital 276

PYMNTS

SEPTEMBER 29, 2020

The Tata Group ’s app, on track to debut by year’s end or January of 2021, will offer food and grocery ordering, fashion and lifestyle, consumer electronics and consumer durables, insurance and financial services, education, healthcare and bill payments. Chandrasekaran said the app would be a huge opportunity for the company. .

Groups 199

Groups User Experience Capital Retail 199

Perficient

JANUARY 25, 2023

Another example is Eno , Capital One’s virtual assistant. For instance, Bank of America’s digital sales represent half of all sales in its consumer business, and its virtual assistant, Erica , has passed a billion interactions since its introduction.

Banking Trends 474

Banking Trends Trends United States FDIC 474

PYMNTS

MAY 26, 2020

We understand this pandemic is affecting everybody, but some tenants have a different accessibility to the capital markets than our small tenants,” he said. “So, On larger tenants, he said, while his firm is not tone deaf to the hard times caused by COVID-19 to merchants of all sizes, big companies have more resources. “We

Groups 205

Groups California Colorado Illinois 205

PYMNTS

SEPTEMBER 29, 2020

million in Blumberg Capital -led seed funding with participation from Vulcan Capital in addition to others. In separate news, Ant Group has rolled out its Trusple blockchain technology for small- to medium-sized business (SMB) cross-border trade. Global trade management (GTM) and logistics company Intelage has notched $3.5

United States 222

United States Capital Analytics Groups 222

PYMNTS

DECEMBER 22, 2020

A post on the group's website said the ruling "failed to fully consider investor concerns about liability and corporate governance that the expansion of direct listings will exacerbate.". NYSE’s proposal would provide an alternative means for companies listed on their exchange to raise equity capital in our public markets. Until today.

New York 285

New York Groups Innovation Marketing 285

PYMNTS

MARCH 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.

Fintech 201

Fintech Capital Groups ATM 201

PYMNTS

NOVEMBER 30, 2020

Numerous investment groups, including Shunwei Capital , which was introduced by Xiaomi founders, and Ant Group -backed BAce Capital , have signaled that they’re looking to invest more in Indonesia. That has created a 55 percent increase in tech investment in the country, which is southeast Asia’s second-biggest economy.

Capital 247

Capital Groups System Security 247

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu Eyeing the success of that transaction for the owners who took Allegro.eu

ATM 243

ATM Leadership Capital Online 243

PYMNTS

JANUARY 7, 2021

Digitally native mattress and home goods brand platform Resident landed a $130 million investment headed up by Nexus Capital Management and Ion Crossover Partners with participation from Baron Capital Group in Q4 of 2020, according to a Thursday (Jan. 7) announcement.

Capital 217

Capital Strategy Branding Operations 217

PYMNTS

JANUARY 22, 2021

Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser. That round was led by Tencent Holdings and joined by Tiantu Capital, Susquehanna International Group (SIG) and Kuaishou.

Nevada 180

Nevada Capital New York Groups 180

PYMNTS

JUNE 29, 2020

But some analysis suggests supplier payment strategies are in flux to better support the working capital positions of corporates. trillion worth of working capital could be optimized through supplier payment practices , according to recent analysis by The Hackett Group of the top 1,000 non-financial U.S. ” $1.3

Payments 256

Payments Analysis Capital Strategy 256

PYMNTS

NOVEMBER 16, 2020

Germany's Razor Group , which works to acquire and scale Amazon brands, has raised 25 million euros (about $26.7 Just 12 weeks ago, Razor Group, also raised 5 million euros (about $5.9 million) from debt financing through Claret Capital. million) from debt financing through Claret Capital. million) in initial financing.

Groups 235

Groups Report Marketing Capital 235

PYMNTS

JANUARY 6, 2021

Rowe Price Group Inc. Soros Fund Management , Coatue , Fidelity Investments and Baron Capital Group are among the company's existing investors, Bloomberg writes. Electric truck startup Rivian Automotive , which is backed by Amazon , is near to a new funding round which would value it at $25 billion, Bloomberg reports.

Groups 256

Groups Capital Company Marketing 256

PYMNTS

JULY 17, 2020

Based in Nigeria, B2B eCommerce and supply chain technology startup TradeDepot raised $10 million in a pre-Series B equity round led by Partech, International Finance Corporation, Women Entrepreneurs Finance Initiative and MSA Capital. TechCrunch reported this week that the company raised $10.2 ’s Ravelin secured $20.6

Fintech 225

Fintech Capital Fraud Cards 225

PYMNTS

OCTOBER 2, 2020

Asda Group Ltd , the British supermarket retailer; TDR Capital , the London-based private equity firm; and EG Group , a global convenience retailer announced on Friday (Oct. 2) that they have agreed to acquire Asda, Walmart Inc.’s grocery chain, for 6.8 billion pounds ($7.9 The deal comes one year after U.K. billion pound ($9.45

Retail 187

Retail Groups Capital Regulation 187

PYMNTS

OCTOBER 5, 2020

Alibaba Group Holding Co. continues to capitalize on growth opportunities. Alibaba Group Chairman and CEO Daniel Zhang said in a press release that the company was “well-positioned to capture growth from the ongoing digital transformation, which has been accelerated by the pandemic.”.

Retail 262

Retail Groups Capital Report 262