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Far Point Merges With Global Blue In $2.6B Deal

PYMNTS

Virginia-based FinTech firm Far Point closed a $2.6 billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Global Blue CEO Jacques Stern will remain, and Farley will become chairman.

Taxes 130
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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

An undisclosed amount of Series C funding will help ZP Group, based in Virginia, focus on strategic investments to grow its cybersecurity offering. With $8 million in Series B funding, Employment Hero plans to focus on expanding its leadership team. Singapore’s CardUp announced nearly $1.7 Employment Hero.

US 116
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The Thinker

Independent Banker

Yet his steady leadership is paired with a willingness to challenge the status quo cautiously to keep up with an evolving marketplace—a quality that appealed to the bank’s board when it promoted him from loan officer to bank president 25 years ago. Kelly Pike is a freelance writer in Virginia. Thoughtful action.

Ohio 70
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2021 GonzoBanker Awards

Gonzobanker

After leading a great and vibrant organization at Andrews Federal Credit Union, Jim and his family have taken on a new adventure, and the Gonzo team is confident Jim’s ambition and transparent leadership style will be welcome in Raleigh, N.C. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. The Bank That Gets Fintech.

Fintech 131
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

In January 2018, Outcome settled all pending lawsuits by the company’s investors on the condition that Shah and Agarwal step down from their leadership positions. Four years later in 2005, Hu claimed he needed to relocate Asenqua to Singapore, citing vague tax and privacy reasons for doing so. The Outcome. Total Funding: $263M.

Fraud 78