First Republic Bank

Wall Street | February 25, 2020

The S&P erased early-day gains Tuesday, resuming the selloff from a day earlier as some on Wall Street cautioned against buying the dips amid a warning from health authorities about the spread of the coronavirus. The S&P 500 slumped 1.59%, Nasdaq Composite lost 1.21% and the Dow Jones Industrial Average fell 1.60%. "I would continue to resist, as hard as it is, to simply buy the dip," said Mohamed El-Erian, Allianz (DE:ALVG) chief economic advisor, as new outbreaks in Asia, Eur...

PAYMENTS

Paystand | July 26, 2021

Paystand, a blockchain-enabled payment network for businesses, announced today a $50 million Series C round of fundraising led by NewView Capital, with participation from SoftBank's Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital. This latest round nearly twice Paystand's previous fundraising and reflects the company's triple-digit growth as it leads the fight for an open commercial finance system. Paystand will invest this new cash in reinventing B2...

PAYMENTS

Paystone | January 27, 2022

Paystone announces the acquisition of Canadian Payment Services (CPS), one of the fastest growing providers of Canadian merchant services. This acquisition is the sixth addition to Paystone’s burgeoning portfolio of acquisitions, having acquired five other businesses in the past two years including Montreal-based DataCandy and Vancouver-based NiceJob. “This is the largest acquisition we’ve made to date in relation to both new revenue and clients,” explains ...

BITCOIN AND CRYPTO

Facepay | March 07, 2022

Facepay Inc. announced today the release of Facepay Crypto, an addition to its pioneering relational payments platform known for freeing business owners from credit card transaction fees and leveraging the security of blockchain technologies. Facepay’s Relational Payments disrupted the industry with its bold fixed-price subscription model in late 2020 and is poised to shake up the payments industry again with the introduction of Facepay Crypto. Built on a private Ethereum ne...