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UK BaaS Railsbank Closes $37M Funding Deal To Support US Growth

PYMNTS

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. Also participating in the round were Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. “We

US 220
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Best Banking Books To Create The Modern Banker

South State Correspondent

Within the story are multiple lessons on dealing with the theory of constraints, choosing key performance indicators, organizational dysfunction, management, and leadership. Anthony has written eight bestsellers and offers an inspiring take on leadership. The book also contains the best appendix that you will ever read.

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US B2B FinTech Firms Lag With VC Investors

PYMNTS

EnKash said it also plans to bolster its leadership team with the new investment. Existing backers, Nauta Capital and Seedrocket 4Founders Capital, also participated. Spain-based Holded provides a Software-as-a-Service (SaaS) solution designed to help SMBs manage their back offices. The company raised $6.7

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Starbucks New Investor: Pershing Square Capital Management

PYMNTS

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 percent stake in Starbucks. The Wall Street Journal noted Ackman said he thinks same-store sales have been positive on a consistent basis and that the market in the U.S.,

Capital 128
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The resilience of small businesses: Insights for lenders

Abrigo

Businesses' working capital cycles are longer. Bank and credit union leaders can use data to inform small business lending Small businesses are showing resilience. Thousands of banks, credit unions, and accounting firms use our risk management and lending solutions, contributing to this cooperative data model for banking intelligence.

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U.S. Regulators to Bank Boards: “Debt is Good”

Perficient

The proposed eligible LTD requirement was calibrated primarily on the basis of what the proposed regulation refers to as a “capital refill” framework. In terms of risk-weighted assets, a covered entity’s common equity Tier 1 Capital level is subject to a minimum requirement of 4.5

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Careem Raised $150M As Part Of A $500M Venture Capital Funding Round

PYMNTS

Careem, a transportation startup that is in 80 cities across the Middle East, has reportedly raised $150 million, closing a Series E venture capital funding round with $500 million raised. Daimler, the German car maker, DCM Ventures and Coatue Management also participated in the round of venture capital investing.

Capital 100