PYMNTS

JANUARY 17, 2020

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create on Borneo island. The country had pegged the cost of moving the capital in the past at $33 billion. and China. .

Capital 130

Capital Groups Meeting Report 130

PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. China TransInfo Technology Corp.

Groups 141

Groups Regulation Lending Operations 141

Bank Innovation

JULY 1, 2019

Capital One is contemplating how it can use data management technology, the cloud, APIs and artificial intelligence to meet the needs of middle-market businesses that increasingly are turning away from paper checks toward digital payments.

Capital 186

Capital Strategy Cards Meeting 186

PYMNTS

JANUARY 28, 2021

Neiman Marcus Group (NMG) is making investments in its supply chain, technology, merchandising and personnel, which it says will transform the shopper experience at Bergdorf Goodman and Neiman Marcus, according to an announcement. NMG is investing $85 million gross in its supply chain, particularly systems and fulfillment hubs.

Groups 141

Groups Branding System Retail 141

PYMNTS

SEPTEMBER 30, 2018

Ripple , the blockchain startup, is heading up a new cryptocurrency lobbying group called Securing America’s Internet of Value Coalition. Coindesk noted that most of the members of the new lobbying group have ties to Ripple. Its founder is the former chief technology officer at Ripple. Coindesk pointed to Coil as one example.

Groups 192

Groups cryptocurrency blockchain Regulation 192

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

SEPTEMBER 8, 2017

This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. Apica said it will use the funds to expand across the U.S. The company raised $2.5 SMB Lending.

Capital 162

Capital Software Lending Online 162

PYMNTS

OCTOBER 21, 2020

In today’s top news in digital-first banking, Interra signed a multi-year deal with Lumin, while Australia’s Westpac Group is teaming with buy now, pay later (BNPL) company Afterpay on banking services. Westpac Group of Australia is joining forces with Afterpay to roll out its new Banking-as-a-Service (BaaS) platform to Afterpay clients.

Groups 148

Groups Digital Banking Capital Report 148

PYMNTS

OCTOBER 16, 2020

16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart. . TCS Group Holding is the parent company of the Russian lender Tinkoff Bank. “We Yandex is considered Russia’s Google and its technology offerings and capabilities include a 15-minute grocery delivery service that was launched in January.

Groups 141

Groups Google Capital Fintech 141

PYMNTS

SEPTEMBER 17, 2020

Elsewhere in the filing, the sectors in which Virgin Group operates are listed as travel and leisure, financial services, health and wellness, technology and internet-enabled, music and entertainment, media and mobile, space, and renewable energy. We intend to search for targets that operate in consumer-facing industries in the U.S.

Capital 140

Capital Resources Operations Groups 140

PYMNTS

FEBRUARY 1, 2021

The technology of the latter company will have an important position in enabling the communication of information among Virgin Money and its corporate bank clients, according to a Monday (Feb. Codat links the technology inside of SMBs to banks, financial institutions (FIs) and FinTechs, letting corporate information be exchanged live.

Technology 110

Technology Analysis Fintech Capital 110

PYMNTS

OCTOBER 25, 2019

Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing. As part of its rebrand , blockchain payments firm BitPesa is now AZA Group.

Capital 101

Capital Fintech blockchain Management 101

PYMNTS

SEPTEMBER 3, 2019

Large investment and equity firm Carlyle Group has taken a majority stake in an artificial intelligence (AI) hiring firm called HireVue, according to a report by Bloomberg. HireVue’s existing investors include Sequoia Capital, Granite Ventures and TCV, all of whom will stay on as minority partners.

Groups 134

Groups California Video Capital 134

PYMNTS

SEPTEMBER 14, 2020

New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). 1, and will have to apply for a license to do so. Ant began looking to make an initial public offering (IPO) filing last month.

Groups 161

Groups Company Regulation Lending 161

PYMNTS

MARCH 3, 2020

With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. Its last announcement for fundraising was in 2018 from the venture capital arm of Line. The platform, as of now, teams with “super apps” such as Home Credit and Line. It now purports to bring together over 1.5

Groups 130

Groups Comparison Online Community 130

PYMNTS

APRIL 8, 2019

Facebook Co-founder Eduardo Saverin has closed out $406 million for B Capital, his venture capital fund, according to a report. Saverin also has a family fund called Velos, but he hasn’t been using that as much since B Capital launched. Saverin is known for his Facebook connection, but he has since renounced his U.S.

Capital 111

Capital San Francisco Resources Innovation 111

PYMNTS

JUNE 4, 2019

ICONIQ Capital led the round, with participation from new investor Sapphire Ventures and all existing investors including Madrona Venture Group, OpenView, Salesforce Ventures and Shasta Ventures. “Sales technology is moving toward a system of intelligence and collaboration. percent in 2017. This is Highspot. .”

Capital 108

Capital Security Seattle User Experience 108

Bank Innovation

MARCH 23, 2020

Financial-technology firms including PayPal Holdings Inc. Industry group Financial Innovation Now urged Congress in a letter to provide capital to online lenders including PayPal and Square Inc., government funding. and to permit the firms to […].

US 259

US Fintech Lending Capital 259

PYMNTS

MARCH 5, 2019

According to a report in CNBC , the San Francisco startup said the Series D round of venture funding was led by DST Global , as well as new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group. Chime isn’t the only challenger bank to raise capital in recent months. billion valuation.

Capital 116

Capital San Francisco FDIC Leadership 116

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

OCTOBER 23, 2019

With a new capital infusion, SoftBank Group is extending a lifeline of up to $8 billion into the office space and workspace solutions firm WeWork. Masayoshi Son, chairman and chief executive of SoftBank Group Corp., billion into the company, according to reports. WeWork is at the forefront of this revolution.

Capital 100

Capital Groups Regional Report 100

PYMNTS

OCTOBER 23, 2019

With a new capital infusion, SoftBank Group is extending a lifeline of up to $8 billion into the office space and workspace solutions firm WeWork. Masayoshi Son, chairman and chief executive of SoftBank Group Corp., billion into the company, according to reports. WeWork is at the forefront of this revolution.

Capital 101

Capital Groups Regional Report 101

CB Insights

MAY 12, 2022

SirionLabs, a provider of contract management technology, has raised $85M in a Series D. The round drew participation from Avatar Capital Partners, Partners Group, Sequoia Capital, and Tiger Global Management. the state of venture report. First name. Phone number. Want the full post? Become a CB Insights customer.

Capital 47

Capital Management Technology Trends 47

PYMNTS

JANUARY 29, 2018

Small and medium-sized business (SMB) lending company Breakout Capital is expanding its product line, according to company reports on Friday (Jan. Breakout Capital explained that the tool allows factoring firms to use its platform to reach borrowers. “Our

Capital 109

Capital Company Lending Innovation 109

CB Insights

AUGUST 17, 2021

The round drew participation from Sequoia Capital, Tiger Global Management, General Atlantic, SoftBank Group, and Dragoneer Investment Group. California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank.

Capital 78

Capital Operations California Regional 78

South State Correspondent

OCTOBER 9, 2024

People do not know what they don’t know, and you end up with different vendor choices, underutilized technology, various customer experiences, and incongruent end-to-end processes. These working groups or formal committees meet weekly, monthly, quarterly, or as needed to collaborate.

Strategy 195

Strategy Resources Customer Experience Groups 195

South State Correspondent

JULY 30, 2023

How should community banks target and compare their ROE to the industry and their peer group, and what defines a top-performing bank? There are various models investors may use to assess return and risk, but the most widely used is a risk premium model called CAPM (capital asset pricing model). as of Q1/23.

Community Bank 195

Community Bank Community Capital Policies 195

PYMNTS

JANUARY 20, 2017

Chris Larsen, who announced in November that he would leave his position at Ripple, has joined HSBC on its technology advisory board, itself a new group of experts announced only days ago to help the financial institution develop its IT strategy and explore FinTech and cybercrime innovation.

Groups 100

Groups blockchain Capital Fintech 100

CB Insights

MAY 6, 2021

LoanSnap , a provider of personalized mortgage loans, has raised $30M in Series B with participation from True Ventures, Baseline Ventures, Virgin Group, and Mantis Venture Capital, among others. The post Virgin Group-Backed LoanSnap Raises $30M To Develop Its AI-Based Smart Loan Technology appeared first on CB Insights Research.

Groups 43

Groups Technology California National 43

Banking Exchange

MAY 26, 2021

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

Fintech 78

Fintech Groups Community Bank Community 78

PYMNTS

SEPTEMBER 29, 2020

million in Blumberg Capital -led seed funding with participation from Vulcan Capital in addition to others. Intelage also announced the appointment of Dave Fry, who will serve as head of engineering and spearhead the firm’s technology vision in addition to strategy. 29) announcement.

United States 222

United States Capital Analytics Groups 222

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

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. First name. Company Name. Phone number.

Capital 98

Capital blockchain Marketing Security 98

Independent Banker

AUGUST 31, 2022

A recent Mercator Advisory Group survey found that 69% of respondents have used PayPal in the past year, and a full 10% reported using Facebook Pay. So how do social payments fit in community banks’ long-term future? By Colleen Morrison. Social payments have taken today’s digital environment by storm.

Capital 94

Capital Payments social media Community Bank 94

PYMNTS

JANUARY 19, 2018

The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. But a lesser-discussed market grabbed the largest investment of the week: logistics. Data Nerds. Cybersecurity.

Capital 118

Capital blockchain Big Data Data 118

PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. At the same time, their fundamental view of credit is consistent with the bank’s philosophy.”

Capital 122

Capital Fintech Kansas United States 122

South State Correspondent

MARCH 14, 2024

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. This, however, could be a mistake.

Innovation 195

Innovation Strategy Capital Comparison 195