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B2B FinTechs Overcome Pandemic VC Slump

PYMNTS

Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the continent has declined every quarter since Q1 2019. with total funding nearly reaching $391.25 million this week. Volante Technologies.

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Mastercard, Ripple Back Remittance Co SendFriend

PYMNTS

million from investors MIT Media Lab, Barclays, the Mastercard Foundation, Ripple, Techstars, Mahindra Finance, 2020 Ventures, and 8 Decimal Capital. This investment will allow us to build out our team and focus on community engagement marketing efforts.”. Remittance company SendFriend announced that it has raised $1.7

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New Jersey Attorney General sues merchant cash advance providers

CFPB Monitor

The New Jersey Attorney General recently filed a lawsuit in New Jersey state court against Yellowstone Capital LLC, its parent Fundry.US The New Jersey Attorney General recently filed a lawsuit in New Jersey state court against Yellowstone Capital LLC, its parent Fundry.US

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DoorDash Ordered To Cut DashPass Commissions By DC Attorney General

PYMNTS

While DashPass is a premium marketing offering and provides benefits to many restaurants, we have decided to not charge DC restaurants their contractual DashPass rate at this time. Washington state became an example late in November and joins New York City as well as New Jersey. billion valuation.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

The tri-state area (New York, New Jersey and Connecticut) saw the highest growth in the district, an impressive 7 percent. The OCC on Oct. This metric surged from 2 percent as of June 30, 2013, to 4.4 percent as measured on June 30 of this year.

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Deliverr Raises $7.1M In Venture Funding Led By 8VC

PYMNTS

According to reports citing the company, the Series A round of venture funding was led by 8VC, the venture capital company. Deliverr has ten warehouses in states including Texas, Missouri, Pennsylvania, Ohio, and New Jersey. million in a round of venture funding.

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Market Commentary: Week of April 6, 2020

SWBC's LenderHub

Another wild and exhausting week in the financial markets. From the old adage, “seeing is believing,” COVID-19 has begun to ravage New York and the New York City Metro Area (New Jersey and southern Connecticut) and key markets such as Agency MBS and Municipals began to feel shaky again. What happened?