Finance

Cloud-based point of sale company ShopKeep is in a fierce fintech battle to woo tech hungry restaurants, and has closed a $65 million round of equity and debt financing to bulk up technology and broaden its geographic footprint.

When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away.

Millyard Bank aims to become the state's second post-crisis de novo. Primary Bank opened in 2015.

More acquainted with the quick decision-making style of the banking world, the comptroller of the currency found a policymaking environment in D.C. that moves at a slower pace.

Pennsylvania-based institution will give back $600,000 to members next month.

The $180 million acquisition is the first for Berkshire since the sudden departure of CEO Michael Daly.

Kleiner Perkins and Ribbit Capital led an $80 million funding round in Viva Republica, the South Korean maker of the popular P2P payment app Toss.

The administration’s reported interest in having the White House aide run Fannie Mae and Freddie Mac's regulator signals a focus on constraining the mortgage giants’ role in the housing market.

KKR, which has a substantial financial services portfolio, has made a $75 million equity investment in Cross River Bank, part of an overall $100 million capital raise. Cross River will use the funds to expand the technology and compliance infrastructure that it provides to fintech organizations.

Uniti Financial focuses on the Korean-American community through three offices around Los Angeles.

The company has agreed to by $145 million for Bridgeview Bancorp.

Many banks remain wary of student loans given the government's dominance in the market, but some fintechs see untapped potential.

According to data from the NCUA, the industry had double-digit increases in several key metrics even as the number of institutions continued to decline.

The voice biometrics firm Pindrop closed on its Series D fund raising round with $90 million in new capital to fuel expansion in voice authentication and security services for call centers and internet of things devices. It also added a new CFO and CRO.

Trustology protects private keys to digital assets the way parking valets look after car keys.

The Oregon-based institution deposited the bonus in members’ high-yield accounts Wednesday.

Organizers of Community Bank of the Carolinas still need to raise $25 million and secure approval from the state's banking commissioner.

Since banks are under constant attack by hackers, the startup XM Cyber is offering them a simulator that seeks to do its virtual worst in order to prevent a real breach.

Murals on the walls and pizza parties are just a couple of ways Studio Bank is trying to court music and entertainment clients as part of a broader niche-lending strategy.

This will be the 10th consecutive special patronage dividend that the Ohio institution has paid out to members.