Venture capital

Truist launches a venture capital unit

09/16/20

The new unit plans to connect the startups it backs, such as the global payments network Veem, with experts at the company who can provide business advice.

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Silicon Valley Bank helps launch marketplace for gig work

09/11/20

Bolster, a marketplace for executives who can fill roles on an interim or advisory basis, is expected to fill a key need for the bank’s technology and life science clients.

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Fintech veterans launch blank-check firm to buy a startup

08/27/20

Betsy Cohen, formerly of The Bancorp Bank, and venture capitalist Ryan Gilbert have created a vehicle to raise hundreds of millions of dollars, purchase a technology company and expand it.

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‘We’re all the same size rectangle on the Zoom screen’

08/17/20

Vanessa Colella, innovation chief at Citi, says remote working has had a democratizing effect. She also touches on the types of technology Citi has been incubating, the startups it’s investing in and her efforts at fostering a culture of generosity.

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TD payments exec: COVID response breaking barriers, spurring diversity

08/17/20

Jo Jagadish, who joined TD Bank in April as head of commercial products and payments innovation, spent her childhood moving country to country, so she's used to a world without borders — the kind world emerging from the capabilities of fintech and demands of the pandemic.

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Which fintechs will survive the pandemic?

07/20/20

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.

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Varo Money gets new backers and closer to bank charter

06/03/20

The mobile bank raised $241 million in its Series D round of funding, and expects to receive approval from regulators to become a nationally chartered bank this summer.

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Funding for fintech startups: Down but not out

04/20/20

Venture capital investment has plummeted in many coronavirus-ravaged economies, but larger, profitable fintech firms with the right digital products might still score funding.

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Regulators extend comment deadline for Volcker Rule changes

04/02/20

The agencies will give the industry another month to submit feedback on the so-called covered fund portion of the rule "in light of potential disruptions resulting from the coronavirus.”

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Citi tries new tack to push its social agenda: Venture investing

02/10/20

Ed Skyler, the bank's global head of public affairs, says a newly established $150 million fund will make equity investments in firms seen as having a positive impact on society.

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