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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised.

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Bitcoin Daily: Block.one Gets Patent For DLT That Monetizes Social Media Posts; Bitfinex Seeks US Subpoenas To Track Down $800M In User Funds

PYMNTS

Block.one, which is behind the EOSIO (EOS) protocol, now has a patent for a blockchain-based bidding system for promotional exposure for social media, according to Cointelegraph. The system could possibly monetize every single social media post on a given network for operators as well as content creators.

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This Singapore Fintech Wants U.S. Banks To Be As Engaging As Amazon

Bank Innovation

A lot of data is being generated and collected on a daily basis thanks to social media, IoT, and online customer behavior (Upstart, for example, uses this method for its underwriting decisions). Customer data is (arguably) the most valuable asset in many industries, financial services included.

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

And the idea is to take advantage of the ongoing rise of mobile commerce and social media to create, in essence, digital communities centered around pets — and not just ones that spark to life when little Fido goes missing, or plots an escape from a dog park or a particular section of the beach in the summer. Social Media Aspect.

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Capital One Q2 Earnings Preview: Increased Spending, Decline In Revenue Expected

PYMNTS

Financial experts are predicting Capital One’s second-quarter earnings will fall below expectations, despite their moderate success in the first quarter. One glaring expense was a significant increase in social media ad spending in the company’s efforts to find and attract new customers. Last year, Capital One spent $18.6

Capital 108
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How China Is Clamping Down On Crypto Trading With Social Media

PYMNTS

News came this week that Jinse, an information service that is backed by Node Capital, was among the accounts impacted in the freeze. In all, local media outlet Lanjinger has found that at least eight “legitimate” publications, according to The Next Web , have been impacted by the crackdown.

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Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

Software 194