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Carvana Stock Falls Short On First Day Of IPO

PYMNTS

cities, such as Austin and Dallas in Texas and Nashville, Tennessee. Wells Fargo Securities, LLC, Bank of America Merrill Lynch, Citigroup Global Markets, Inc. William Blair & Company, LLC, BMO Capital Markets Corp. The company has granted the underwriters a 30-day option to purchase up to 2.25 Baird & Co.,

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Morty Raises $3M To Bring Its Online Mortgage Platform To The Masses

PYMNTS

Morty, reported TechCrunch, is launching with 10 lenders in 10 markets in the U.S. The $3 million in funding was led by Thrive Capital, including participation from SV Angel, Techstars, FJ Labs, Corigin Ventures, MetaProp and a number of angel investors, reported TechCrunch. In the future, Morty plans to add more markets.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

• Nashville, Tennessee – Pinnacle Bank ($432 million). Flagstar capitalizes on going local, too. Leveraging the go local movement to boost a bank’s lending portfolio may be as simple as targeted marketing. • Detroit, Michigan – Flagstar Bank ($4.65 • Hartford, Connecticut – United Bank ($1.19

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How Cars, Streaming And Sign-Ups Make For Better Subscription Commerce

PYMNTS

According to the report , the deal comes as Carro raised some $30 million in fresh capital. Indeed, the anticipated compound annual growth rate (CAGR) of the global automotive subscription services market through 2022 is 71 percent. BMW , for example, has launched a pilot in Tennessee dubbed Access by BMW. seconds in Q3 2019.

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Supply Chain Strategies Forge Closer Ties With Shareholder Value

PYMNTS

It’s earnings season once again, with executives and shareholders hanging on the numbers of revenues, profits and market growth. Yet, there’s another area of business operations that experts have said should be examined more closely to not only improve corporate performance, but boost shareholder value as well: the supply chain.

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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. According to the report , the deal comes as Carro raised some $30 million in fresh capital. BMW , for example, launched a pilot dubbed Access by BMW in Tennessee.

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D3 Secures $10M For Digital SMB Banking Efforts

PYMNTS

In a statement, D3 Banking CEO Mark Vipond said the new funding will help the company keep up with shifting market demands from these financial institutions. West Partners President Dennis O’Brien pointed to D3’s innovative market strategy as cause for the investment.

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