Paystand Raises $20M in Series B Funding
Jeremy Almond announced that Paystand has raised a $20 million Series B funding round to scale its digital infrastructure for commercial payments. In an interview with VentureBeat, Almond said Paystand’s model is gaining traction, as more than 160,000 businesses are now transacting on its payment network. The company also posted a 2.5X increase in revenue year-over-year and a 240% increase in software subscriptions.
Elite Insurance Partners Ranked on SB100 List
David Haass announced that Elite Insurance Partners made the Small Business Expo Best of Small Business Awards SB100 list. The Best of Small Business Awards celebrates the top small to mid-sized business visionaries in the United States. These highly coveted awards are a powerful testament to the continued hard work of America’s most distinct small business owners.
European CEO Features Noel Moran at DAVOS 2020
European CEO magazine featured Noel Moran, CEO of Prepaid Financial Services, at the World Economic Forum gathering in Davos, Switzerland last month. In addition, Moran is the current European CEO European Entrepreneur of the Year. He also won the pan-European honour in 2018, becoming the first person ever to win twice. He has just been nominated for the prestigious award for the third year in a row following lengthy deliberations by the judging panel.
Lending Valley Announces A.I. Powered Funding
Chad Otar, founder and CEO of the Lending Valley startup, explains that the firm is trialing proprietary AI technology to underwrite files in seconds. By reducing the underwriting turnaround time, his advisors can focus on delivering a personalized loan recommendation with a lean wait time.
Patientco Joins Forces with HealthPartners
Bird Blitch, CEO of Patientco, announced that HealthPartners, the largest consumer-governed nonprofit healthcare organization in the nation, has partnered with Patientco to streamline payment processing. Patientco will support all of HealthPartners’ point-of-service and business office payment needs, enabling team members to directly process payments across Epic modules or any patient touch point.
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