PYMNTS

JULY 31, 2020

In a venture capital slowdown, any investment round is a win. Focused on mitigating third-party risk for B2B buyers and suppliers, Utah-based Whistic recently announced a $12 million Series A investment round, FinNSMEs reported. million in fresh investment for the industry. PYMNTS rounds up the latest deals below. million fundraise.

Security 166

Security Data Capital Utah 166

PYMNTS

APRIL 22, 2020

Thanks to the merger, Nikola will receive more than $500 million from investors including Fidelity and ValueAct Capital, the report said. CNBC reported the forgivable government loan comes months after the 38-year-old billionaire bought a 2,600-acre ranch in Utah for $32.5 The deal has not closed.

Utah 156

Utah Phoenix Report Examples 156

CB Insights

FEBRUARY 1, 2019

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.

United States 78

United States Capital DC Rhode Island 78

PYMNTS

DECEMBER 5, 2016

But the world is full of unexpected costs — just ask the team at CAN Capital. CAN Capital, the small business online lender, has announced that its CEO is on a leave of absence. Starting in 2010, CAN Capital began offering term loans that required borrowers to make payments daily, irrespective of whether they made sales that day.

Capital 100

Capital San Francisco Bitcoin United States 100

PYMNTS

NOVEMBER 21, 2019

The pre-seed funding was from Peak Venture Capital , which also led the new seed round, along with Album VC and strategic partner Pattern. . The startup has offices in Silicon Slopes, Utah and Santa Monica, California and was co-founded in 2014 by Evan Walker, who serves as the company’s chief executive officer.

Utah 141

Utah Online Training California 141

Abrigo

APRIL 4, 2020

The SBA Utah District Office , for example, has established a Rapid Response Team with the Governor’s Economic Recovery Task Force to handle the requests. "Many bankers, however, are not even able to access E-Tran. There have been many technical issues." Lenders will receive approval from the delegatedauthority@sba.gov address.

Lending 320

Lending System Community Utah 320

PYMNTS

JULY 27, 2020

Eighteen months after buying Utah-based management software company Qualtrics for a record $8 billion, SAP SE announced plans to take the company public. the Wisconsin-based global provider of financial services technology, partnered with SAP to help B2B companies streamline payments and improve working capital.

Wisconsin 153

Wisconsin Utah Software Analysis 153

PYMNTS

JANUARY 4, 2019

A worker who paints houses in Utah, where the market for housing is on the rise, was quoted by The Wall Street Journal as saying, “I have to turn people away because I don’t have the capacity to take on their work.” RBC Capital Markets Chief U.S. The economists, however, forecasted that wages would increase by 0.3

United States 131

United States Utah Survey Course 131

PYMNTS

APRIL 7, 2017

including Union Square Ventures, Ribbit Capital, Vy Capital and Silicon Valley Bank. The loans will be issued by WebBank out of Utah and later purchased by Upgrade. According to a report in Fortune , Upgrade of San Francisco, Calif., raised $60 million in equity and convertible notes from a slew of investors in the U.S.,

Online 100

Online San Francisco Utah Lending 100

CB Insights

OCTOBER 15, 2021

This round drew participation from Core Innovation Capital, Greylock Capital Management, and Portag3 Ventures. Utah-based Atomic’s payroll APIs connect payroll accounts to third-party apps in order to streamline direct deposit switching and employment/income verification for users. How’s the company performing?

Utah 78

Utah Capital Innovation Fintech 78

PYMNTS

MAY 4, 2016

With the recent tightening of the capital markets, we are refocusing on our core consumer loans business,” he said. The dedicated medical bill facility in Utah has been shut down as part of latest reshuffle.

San Francisco 100

San Francisco Phoenix Utah Data 100

CFPB Monitor

JUNE 11, 2019

Utah Governor Gary Herbert signed H.B. The sponsor of Utah’s legislation, Rep. ” Utah’s regulatory sandbox, which is effective as of May 13, is similar in many respects to Arizona’s sandbox, which began accepting applications in August 2018 and now has six participants. 378 , Regulatory Sandbox, into law on March 25, 2019.

Utah 60

Utah Arizona Innovation Regulation 60

PYMNTS

JUNE 26, 2019

MX, a Utah-based technology startup offering a data cleansing and analytics platform for the finance sector, has just announced a $100 million investment. Crunchbase reported Tuesday that Battery Ventures led the investment round in MX, while Point72 Ventures , Sorenson Capital , Pelion Venture Partners and other investors also participated.

Analytics 100

Analytics Data Utah Trends 100

PYMNTS

MAY 4, 2016

The biggest individual cut will be a Utah office dedicated to lending for medical procedures, but 14 percent of Prosper’s San Francisco- and Phoenix-based workforce is also on its way out the door. According to Wall Street Journal reports, the online lender is shedding 28 percent of its staff and rearranging its executive team.

San Francisco 100

San Francisco Phoenix Utah Lending 100

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Lulalend lends directly to SMBs that can apply online, with an automated approval process accelerating access to capital.

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

JUNE 13, 2017

Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. In trying to be the first, SoFi comes to the table as a well-capitalized, profitable business that — with the acquisition of online banking startup Zenbanx last month — has the tech stack necessary to run banking operations.

FDIC 100

FDIC Utah Millennials ATM 100

CB Insights

JULY 25, 2017

After California, New York, Massachusetts, and Illinois, the next-highest unicorn populations are found in Utah (with four) and Florida (with three). The three most active investors in US-based unicorns, by total number of deals to these companies, are the VC firms Sequoia Capital, Andreessen Horowitz, and Tiger Global Management.

United States 75

United States US Illinois Utah 75

CB Insights

AUGUST 2, 2021

The round drew participation from Fifth Wall Ventures, General Global Capital, QED Investors, Crossover VC, and Founders Fund, among others. It currently operates in 14 markets across the states of Florida, Colorado, Georgia, Texas, and Utah, catering to almost 2,600 qualified off-market buyers. HOW’S THE COMPANY PERFORMING?

Company 69

Company Utah Colorado Georgia 69

American Banker

DECEMBER 30, 2019

Organizers of Bank of St. George still need to raise $18 million before opening.

Utah 41

Utah FDIC Community Bank Capital 41

PYMNTS

OCTOBER 17, 2017

All industrial banks are chartered in Utah – and there are only 17 such charters issued, 15 of which are currently active. As we scale, it’s becoming increasingly important that we have direct relationships with regulators,” said Jacqueline Reses, who leads Square Capital and will be the chairman of the bank.

Industry 108

Industry Fintech FDIC Community Bank 108

PYMNTS

MAY 30, 2017

Hunger and wasted food are two problems that can have one solution,” believes Daily Table founder Doug Rauch, former Trader Joe’s president and co-CEO of Conscious Capitalism, Inc. Meanwhile, in Utah, Macey’s shoppers can now use their phones to Skip Checkout. Up next are areas in Texas, Connecticut, Florida, Ohio and South Carolina.

South Carolina 121

South Carolina San Francisco Connecticut Utah 121

American Banker

MAY 6, 2024

Capital Community Bank of Provo has purchased Security Home Mortgage, headquartered in nearby Orem.

Utah 28

Utah Community Bank Community Capital 28

PYMNTS

JULY 14, 2020

Utah-based FuturePay has consistently appeared in PYMNTS’ top 5 alternative credit apps, with its offer of flexible monthly payments for consumers and up-front settlement for merchants. Klarna also launched its new “Klarna: Swedish for smooother shopping” campaign in June. Leveraging Risk the Right Way.

Lending 130

Lending FDIC Minneapolis Utah 130

PYMNTS

NOVEMBER 6, 2019

And it is appeal the firm has spent much of the last few years in general, and much of 2019 in specific, getting itself streamlined into shape to capitalize on. Earlier this year the firm relocated from San Francisco to Utah — a big money saver — and announced it would be moving forward with seeking a bank charter.

San Francisco 100

San Francisco Utah Trends Cards 100

Bank Innovation

JUNE 15, 2017

It’s not everyday that a fintech applies for a bank charter, so when SoFi did just that it caught our eye. But will this be a big bank? The short answer is no, or not at least for a few years. Buried in SoFi’s application are details on the proposed bank’s staffing size. The bank […].

Fintech 250

Fintech Utah Operations America 250

Jeff For Banks

DECEMBER 22, 2013

capital appreciation and dividends. Texas Capital Bancshares, Inc. Nasdaq: MRLN) Continuing the theme of niche banks, Marlin is a direct lender providing financing to business so they can acquire new equipment and technology while preserving capital. Not so over the three years I have been keeping track. BofI Holdings, Inc. #2.

Community Bank 84

Community Bank Atlanta Community Strategy 84

Bobsguide

FEBRUARY 22, 2022

Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. Zions Bancorporation is one of the nation’s premier financial services companies with total assets exceeding $65 billion.

Software 78

Software Wyoming Idaho Lending 78

CB Insights

JULY 20, 2017

Select Investors : AlphaPrime Ventures, August Capital, Gaspar Global Ventures. Select Investors: Azure Capital Partners, Emergence Capital Partners, Techstars. Select Investors: Elevation Partners, Maxfield Capital, Ritchie Bros. Select Investors: Eniac Ventures, Rincon Venture Partners, Spider Capital Partners.

San Diego 48

San Diego New York California Louisiana 48

CB Insights

MAY 10, 2021

Divvy: Utah-based Divvy is a spend management platform that integrates expense management and smart corporate cards into a single platform for enterprises. with a market capitalization of $10.7B. The deal is expected to be completed by the end of Bill.com’s first fiscal quarter on September 30, 2021. and Houston, Texas.

San Jose 36

San Jose Management Houston Utah 36

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe went on to raise a seed round from Sequoia Capital, Andreessen Horowitz, SV Angel, and PayPal founders Peter Thiel and Elon Musk in 2011.

Online 98

Online Company Retail Payments 98

CB Insights

AUGUST 31, 2017

The trend is poised to reach an all-time high in 2017: in the first half of this year, the venture capital arms of corporations participated in $1.8B Corporate Investors in the Round: Baidu Capital, Lenovo Ventures Group, Tencent Holdings. Corporate Investors in the Round: Intel Capital, Microsoft Ventures, Tencent Holdings.

California 61

California Capital Company Industry 61

Independent Banker

OCTOBER 31, 2022

billion-asset Sunwest Bank in Sandy, Utah. Leverage the technology to free up human capital by spending less time sorting through data,” says Hovde. “My accounts are scattered at different banks.”. Many orphaned accounts sit inside community banks,” says Carson Lappetito, president of $2.5 Susan Springer is a writer in Oregon.

Community Bank 91

Community Bank Community Customer Experience Data 91

Lex Sokolin

SEPTEMBER 23, 2020

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. It doesn’t have an ILC charter from Utah, or a crypto bank charter from Wyoming, or a straight-up bank charter like Varo, nor has it acquired any banks like Lending Club or Jiko. No shenanigans.

Capital 52

Capital Software Lending Apple 52

Fintech Labs Insights

JULY 30, 2024

CAN Capital FAB Score = 127 (down 1) – HQ: Atlanta – Founded: 1998 – Raised: $1.0B CAN Capital FAB Score = 127 (down 1) – HQ: Atlanta – Founded: 1998 – Raised: $1.0B Lendio FAB Score = 124 (up 16) – HQ: Salt Lake City, Utah – Founded: 2011 (originally founded in 2006 as FundingUtah). Why Credibly? 315 reviews, up 5 since Nov) 5.

Atlanta 29

Atlanta Utah Miami San Francisco 29

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. However, the model doesn’t currently allow companies to issue new shares, meaning that DPOs do not raise any capital for the company. STAYING PRIVATE.

Management 78

Management Capital Company Marketing 78

Filene

MARCH 4, 2016

Local Host: Utah Credit Union Association. It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry. 10:00 a.m. - Filene Host: Tansley Stearns. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROAD SHOW? Filene Feedback | Linda Young.

social media 28

social media Utah Innovation Digital Strategies 28

Fintech Labs Insights

DECEMBER 11, 2015

Around the web: Financial Planning speculates about Personal Capital’s future. Utah Business Magazine names Lendio one of the best companies to work for in Utah for the third consecutive year. Arroweye Solutions selected to provide prepaid card production and personalization services for The Members Group.

Utah 12

Utah Capital Groups Cards 12