investors

Pattern Secures $225M Growth Equity Investment

Pattern, the premier partner for global ecommerce and marketplace acceleration, today announced it received a strategic investment from Knox Lane, a growth-oriented investment firm focused on partnering with businesses in the consumer and services sectors. The $225M minority investment, led by Knox Lane, also included full pro-rata participation from existing investors.Since its founding in 2013, Pattern has profitably grown to more than 900 employees operating in 18 countries that support more than 100 global brands—including Panasonic, Nestle, Pandora, Sorel, Black Diamond, Zebra, and KONG. Pattern has developed a robust technology

First Women’s Bank launches in US with focus on fixing gender lending gap

A new commercial bank in the US is aiming to be the first and only women-led and women-focused lender operating in the country. First Women’s Bank CEO, Marianne Markowitz First Women’s Bank, founded in 2019 and headquartered in Chicago, opened its first branch last month after gaining final approval from the Federal Deposit Insurance Corporation (FDIC) in July. It is the first new bank to be chartered in Illinois since 2010 and raised an initial $30 million through a group of 200 investors, including Tennis star Billie Jean King. The

Canadian tech firm Coconut Software secures $22m Series B funding

Canadian tech firm Coconut Software has raised $22 million (CAD 28 million) in Series B funding. Coconut CEO Katherine Regnier The round was led by Toronto-based growth equity firm Klass Capital, with participation from Coconut’s entire roster of existing investors including Information Venture Partners, ScaleUp Ventures, Conexus Venture Capital Fund and Bay Partners. Coconut provides appointment scheduling and lobby management software for financial institutions which it claims reduces “no shows” and wait times for customer appointments and boosts conversion rates. The Saskatoon firm, whose clients include RBC Royal Bank, Arvest Bank,

US de novo commercial bank Genesis goes live in California

Genesis Bank, a California-chartered de novo bank, has launched in the US to provide services for commercial clients. Genesis Bank received its licence earlier this year, and launched in August The bank says it is focused on servicing small and medium-sized enterprises (SMEs), the owners of SMEs, and owners and investors of income-producing properties. Headquartered in Newport Beach, Genesis aims to serve primarily the Orange and Los Angeles counties of California, as well as the Riverside and San Bernardino counties. Stephen Gordon, founding chairman and chief executive at the bank,

Buy Virtual Lands in El Salvador Now

El Salvador is a small Central American country of just over 6 million people. It has a rich, indigenous cultural heritage and its capital, San Salvador, is one of the most iconic cities in the world. Indeed, it’s known as the landfall of Christopher Columbus in 1492. Besides its rich history, El Salvador is also known for being the first crypto-friendly country in the world. In fact, El Salvador was one of the first countries in the region to declare its intent to become a crypto nation. They’ve recently adopted

This On-Chain “Retest” Screams Of Mid-Cycle Bitcoin Correction, More Highs Ahead

On-chain data may show a retest of a Bitcoin indicator that has happened after mid-cycle corrections in the past. If it’s indeed one, more highs could be ahead. Bitcoin Net Unrealized Profit/Loss Retests A Lower Level As per the latest weekly report from Glassnode, the net unrealized profit/loss indicator has just retested the 0.50 level. The net unrealized profit/loss (NUPL) is a Bitcoin metric that’s based on the difference between the total unrealized gains and the total unrealized losses on the network. With its help, it can become possible to

$50K Fakeout? Bitcoin Trading Volume Isn’t Picking Up With Price Action

October has brought in a new surge in the bullish sentiment, in a couple of days, Bitcoin has returned to the $50,000. This signals the beginning of a new up-only season but could spell caution for the most experienced operators. Related Reading | Bitcoin Hash Rate Might Make New ATH Soon, What Does It Mean For The Price? At the time of writing, Bitcoin trades at $49,968 with a 4.4% profit in the daily chart. The first cryptocurrency by market cap was rejected north of the $50,000 and could trend lower

Bitcoin breaks above $50,000 for the first time in four weeks.

Cryptocurrencies were broadly higher on Tuesday afternoon as bitcoin crossed a key level of $50,000 for the first time in four weeks. Bitcoin was up 5.4%, trading at $50,120. Ethereum, the second-biggest crypto by market cap, was up 3.3% to trade at $3,445. “The big factor for the bitcoin price now is if it can continue to move higher, and that will only depend on where the price will close today [Tuesday],” said Naeem Aslam, chief market analyst at AvaTrade. Bitcoin is highly likely to see more upside moves. “In

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

China bans Bitcoin (BTC), again.No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with the law.”Most investors may have missed the $3 billion BTC and $1.5 billion Ether (ETH) monthly options expiry that took place less than one hour before the crypto ban news came out. According to “Molly”, a

Netflix to Premiere a Documentary Themed on the Deceased QuadrigaCX CEO

Netflix, one of the most popular video streaming platforms in the world, released a trailer of an upcoming documentary about Gerald Cotten, the CEO of the now-defunct crypto exchange QuadrigaCX who passed away under suspicious circumstances.The documentary, titled ‘Trust No One: The Hunt For The Crypto King,’ will premiere on the platform in 2022. “Follow a group of investors turned sleuths as they try to unlock the suspicious death of cryptocurrency multimillionaire Gerry Cotten and the missing $250 million they believe he stole from them. Premieres in 2022,” Netflix commented