NEW YORK, NY / ACCESSWIRE / August 1, 2022 / Grasshopper today announced the completion of a $30.4 million capital raise, bringing the digital commercial bank’s total funding to date to $160 million. While the majority of this funding came from existing investors, including Patriot Financial Partners, Endeavour Capital Advisors, FJ Capital Management and Carpenter & Company, Grasshopper has also attracted a new noteworthy investor in GCP Capital Partners. The advancement in digital banking offerings is clear: digital solutions are now key priorities for millions of businesses as they consider banking options. Grasshopper is well-positioned to address the increase in demand for…
Author: Brad
CHARLOTTE, N.C., Aug. 1, 2022 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today announced J. Christopher Ward has been hired to lead its Wholesale Payments business including treasury solutions, merchant services and commercial card solutions. Ward will be responsible for developing and delivering comprehensive and integrated payment capabilities for Truist’s business clients, reporting to Chief Consumer Finance and Payments Officer Michael Maguire. “Truist is committed to providing distinctive, secure and successful experiences for our clients,” said Maguire. “We are thrilled to add Chris’ deep subject matter expertise and strong track record of innovation and leadership to Truist Wholesale Payments.” Ward…
NEW YORK–(BUSINESS WIRE)–Balance, the leader in B2B marketplace and eCommerce payments, today announced a $56 million Series B fundraise, bringing the company’s total funding to $87M. The round was led by Forerunner Ventures with support from Salesforce Ventures, Hubspot Ventures, Lyra Ventures, and Gramercy Ventures. Notable leaders in B2B eCommerce also participated in the round as angel investors, including former Shopify CMO Jeff Wisener, Faire CTO & co-founder Marcelo Cortes, as well as previous investors Ribbit Capital, Lightspeed Ventures, Avid Ventures, Upwest and Jibe. Balance will use this funding to expand its offerings to new, global eCommerce platforms and enable…
Managing a restaurant requires wearing many different hats. From handling counter sales, keeping a watchful eye over inventory, ensuring finances are handled accurately, it’s a lot to juggle. And of course, throughout it all, there must also be a constant focus on improving and enhancing the customer experience alongside the other responsibilities. Without a system in place, it’s often a challenge for restaurants to increase profitability while still having oversight into every part of the business and create the best customer experience possible. One part of the business always tends to struggle, and owners cannot be everywhere at once. Managing…
Wireless credit card machines are an essential tool for small businesses and offer a range of flexibility and ease for business owners and customers. Wireless credit card machines are a great solution for businesses looking to streamline operations, gain more financial visibility, and improve the overall customer experience. Offering these types of machines ensures that businesses can collect a variety of payment options and that customers are offered a smooth and easy transaction process every time. Introducing wireless credit card machines into your operation can dramatically change the customer experience and business operations, especially regarding payment processing and PCI compliance.…
An iPad POS system is a crucial tool for retail operations. Not only does it help streamline the checkout process, but it also gives businesses more oversight and control intro transactions. These systems allow businesses to offer flexible payment options, optimize customer transactions, and identify trends and opportunities using the data collected. They are incredibly useful and one of the fastest ways to use and operate a POS system. The best iPad POS systems can also help create a better experience for employees and customers and offer many great features that can drive real value for businesses. For this article,…