Finance Friday – 1/24/2014
This week saw the rise of a new billion dollar company, a new fraud management solution, an insidious banking trojan, a rise in VC for Florida, and speed-dating for small businesses and banks.
The payments industry has a new billion dollar company. Online payments company Stripe is announcing more than $80 million in Series C funding, at a $1.75 billion valuation. Peter Thiel’s Founders Fund led the round with new investor Khosla (Keith Rabois) and existing investor Sequoia joining, with Allen & Co. also contributing. This brings Stripe’s total funding up to over $130 million. (via TechCrunch)
Paymetric, Inc. (www.paymetric.com), a provider of integrated and secure enterprise payment management solutions, today announced the company has launched XiVerify™, a fully integrated Fraud Management Solution. For merchants looking to expand their online business while protecting themselves and their customers with a strategic fraud management services provider, Paymetric’s solution offers a securely integrated solution that maintains PCI compliance. (via PYMNTS.com)
Kaspersky Lab malware expert Dmitry Bestuzhev revealed a large-scale spam email campaign that is advertising the PC version of the mobile WhatsApp app to spread a banking trojan. (via Security Affairs)
Think of it as speed-dating for business owners and lending partners. On Feb. 6, Bankmybiz.com will host a speed-networking event “aimed at opening new doors of connectivity for business owners and lenders who value relationship-based lending,” according to a press release on the event. (via BizJournals)
The first two weeks of the 2014 January earnings season are now in the books. Here are the 5 biggest winners that have everybody on Wall Street talking. (via Business Insider)
Florida received more than $132 million in fourth-quarter venture capital deals, ranking the state eighth best in the country, according to the new MoneyTree Report by PricewaterhouseCoopers and the National Venture Association, based on Thomson Reuters data. (via Accounting News)← Back to Invoice-to-Blog