financing

Finance is a term for matters regarding the management, creation, and study of money and investments. Specifically, it deals with the questions of how and why an individual, company or government acquires the money needed – called capital in the company context – and how they spend or invest that money.

Bank Of America, Citi Back Lampert To Save Sears
Bank Of America, Citi Back Lampert To Save Sears
January 21, 2019  |  Retail

ESL Investments has found backing for its $5.2 billion bid to save Sears Holdings Corp. Last week, Eddie Lampert won a bankruptcy court auction for the...

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Eyeing IPO, Airbnb Asserts Back-To-Back Profitability
Eyeing IPO, Airbnb Asserts Back-To-Back Profitability
January 15, 2019  |  IPO

Airbnb, one of several tech giant companies potentially getting ready for an initial public offering (IPO) this year, said on Tuesday (Jan. 15) that it’s...

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Factris Consolidates Factoring Market With Acquisition
Factris Consolidates Factoring Market With Acquisition
January 15, 2019  |  B2B Payments

Netherlands-based factoring company Factris has announced the completion of its takeover of Lithuanian firm DEBIFO, the companies said Monday (Jan. 14). According to Factris, DEBIFO...

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US Startups Raised A Record $130B In 2018
US Startups Raised A Record $130B In 2018
January 10, 2019  |  Investments

U.S. startups had a great 2018 in terms of funding, with new data showing that venture capitalists deployed $130.9 billion, marking a new all-time high....

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Drone Company Flytrex Secures $7.5 Million
Drone Company Flytrex Secures $7.5 Million
January 08, 2019  |  Investments

Flytrex, a six-year-old Israeli startup, has raised $7.5 million in Series B financing, according to a report in VentureBeat. The funding round was led by...

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Chesapeake Bank Debuts Online Loan Product
Chesapeake Bank Debuts Online Loan Product
January 04, 2019  |  B2B Payments

Chesapeake Bank is expanding its alternative lending division, Cash Flow, with ProfitStars‘ Commercial Lending Center Suite. Launched in 1995, Cash Flow offers U.S. businesses faster...

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Crypto Lenders See Demand Despite Bitcoin’s Fall
Crypto Lenders See Demand Despite Bitcoin’s Fall
January 02, 2019  |  Cryptocurrency

Lenders are weathering the downturn in cryptocurrency better than other players, with the industry seeing strong demand from borrowers. According to a report in Bloomberg,...

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Eddie Lampert Submits $4.4B Bid To Save Sears
Eddie Lampert Submits $4.4B Bid To Save Sears
January 02, 2019  |  Retail

In an effort that could help preserve 425 locations and the jobs of up to 50,000 workers, Sears Holdings Corp. Chairman Eddie Lampert made a...

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ShopKeep Closes $65M Growth Round
ShopKeep Closes $65M Growth Round
December 11, 2018  |  Investments

ShopKeep, a tablet-to-cloud and point-of-sale (POS) payment platform for retailers and restaurants, has closed a $65 million round of equity and debt financing, according to...

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