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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

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It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding.

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Zcash Finds A Bug That May Stop Private Transactions From Being Mined

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Zcash, the anonymous new bitcoin alternative that was just launched, found a bug that may stop private transactions from being mined. According to a blog post on Zcash’s website, the company said there is one known bug that causes private transactions to not get mined. “We’re We’re going to release v1.0.1

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Airbnb’s Business Travel Investment Leads B2B Funding For The Week

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The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

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Investors Go After B2B FinTech Maturity

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As the fallout from WeWork ’s stumbles continues, one could easily wonder if the market is beginning to question not only the position of WeWork backer SoftBank in the tech investment space, but whether venture capitalists (VCs) have placed too much confidence in tech startups as a whole. 14) Financial Times report.

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Brexit Tracker: Funding’s Tough Sell, Digital Banking Fears Mount, And Lloyds Eyes Berlin

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In this week’s Brexit Tracker , even long-time venture capitalists struggle with raising funds, one digital banker fears the loss of European Union competition rule and Lloyds may be making a move to Germany. It’s no secret that U.K. VC Funding Gets Complicated. It made it harder, for sure,” Zennstrom told Bloomberg.

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The Data Dive — Turning Point Edition: Yahoo’s Breach, Costco’s Credit Card, IBM’s Blockchain

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It’s believed that Yahoo had no idea the attack had even taken place until it was approached with samples of hacked data from an unknown source. The wholesale retailer caught a great deal of flack from customers this year when it decided to migrate its branded cards to Visa via Citibank from American Express.

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Plaid Buys Quovo To Help Developers Build Data-Driven Apps

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In a blog post, Zach Perret and William Hockey, co-founders at Plaid, said that while most financial apps use Plaid technology to interact with checking and savings accounts, the deal with Quovo will extend its reach into more areas. We’re excited to work with the Quovo team to enable this,” the executives wrote in the blog post.