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BlueTape Raises $55Million to Transform Financing and Payments for SMBs in the Construction Industry
BlueTape, a leading payments and financing provider for the construction industry, announced the closing of a $50M debt funding led by Arcadia Funds and a $5M seed round led by Chicago Ventures. Other investors include construction industry executives, real estate developers, and Plug and Play Ventures.
GitPOAP Raises Over $4.2 Million USD in Seed Funding To Memorialize Professional Contributions and Accomplishments As Blockchain-based Badges
GitPOAP, a contributor recognition platform that provides software projects with a novel way of recognizing and nurturing their communities through POAP issuance on Github, has today announced the close of a successful $4.28 Million USD seed funding round.
PolySwarm Launches Token Rewards For Internet Browsing
PolySwarm, a cybersecurity provider using blockchain technology to crowdsource threat intelligence for enterprise customers such as Microsoft, Verizon, and eBay, today announced the launch of a first-of-its-kind malware intelligence-collection browser plug-in. The plug-in rewards individuals for the data they provide by simply browsing the Internet. The new offering invites individuals to install the “NectarNet” browser plug-in to begin earning PolySwarm’s Nectar (NCT) token. NectarNet securely shares data with PolySwarm, creating a collective defense across the globe to combat malware.
HBT Financial, Inc. Announces Chief Financial Officer Transition Plan
HBT Financial, Inc. the holding company for Heartland Bank and Trust Company (“Heartland Bank”), announced that Matthew J. Doherty, Executive Vice President and Chief Financial Officer, will step down from the Chief Financial Officer position on December 31, 2022, but will remain with Heartland Bank serving as Treasurer as a step in Mr. Doherty’s eventual retirement from the Company. Peter Chapman, previously the Executive Vice President and Chief Financial Officer of Great Western Bancorp, Inc. (“Great Western”), will join the Company on October 1, 2022, after relocating to the Bloomington, Illinois area, and assume the role of Chief Financial Officer on January 1, 2023.
Credit Card Customer Satisfaction Surges, but Spending Wanes Amid Weakening Economy and Growth of Alternative Payment, J.D. Power Finds
Against a backdrop of rising inflation, a weakening economy and increased competition in the consumer lending space, credit card issuers are experiencing sizable gains in customer satisfaction, trust and Net Promoter Scores©1. However, according to the J.D. Power 2022 U.S. Credit Card Satisfaction Study,SM released today, overall share of spend on a primary card has decreased significantly as customers cite increased financial stress and interest in alternatives such as buy now, pay later (BNPL).
