Mortgage Blog

Although women entrepreneurs have raised a record amount of venture capital this year, their share of the total remains the same as last year, research by financial data and software company PitchBook shows.

In the first 10 months of 2018, U.S. startups raised a total of $96.7 billion. Female-founded companies closed 391 deals worth $2.3 billion, up from $2 billion in 2017, a figure that equals about 2.2 percent.

As Tech Crunch points out, “it’s the exact same portion of capital startups…

Loans approved through the local office of the U.S. Small Business Administration are off to a slow start in the new fiscal year.

A summary from the Buffalo District Office shows that just 35 loans were approved in October through the SBA's popular 7(a) lending program. That's down 45.3 percent from October 2017 when 64 7(a) loans were approved in the 14-county district.

Total dollars are trailing too, ending the month at $7.5 million. That's down 52.3 percent from $15.6 million a year ago.

One…

Stifel Financial (NYSE: SF) has purchased Germany’s Mainfirst Bank to augment its equity research business in Europe and prepare for Britain’s departure from the European Union.

According to Reuters, financial details of the transaction were not disclosed. The deal is expected to close during the first quarter of 2019.

“Mainfirst carries a full German banking license, enabling Stifel to continue offering corporate advisory, brokerage, and investment banking services and clear and settle secondary…

J.P. Morgan Chase & Co. is allowing clients access to its Athena trading program to run analytics on their own investments.

Teresa Heitsenrether, the bank's global head of custody and fund services, announced that the New York-based bank has sold subscriptions to its Investment Analytics Platform (IAP) to 208 big investors (h/t CNBC).

Another 42 clients are expected to sign by year-end.

Clients targeted for J.P. Morgan's IAP include pensions, endowments and insurance companies.

Those asset owners…

LendingStandard CEO and founder Andy Kallenbach talks about the $2.5 million round and what's driving the company's rapid growth.

Carl Icahn is suing Dell Technologies over a planned deal with Palo Alto-based VMware.

The billionaire activist investor alleges in court documents that the computer manufacturer withheld key financial information related to a planned deal with VMware, of which Dell is already the largest shareholder.

“We believe this is a threat blatantly deployed in an attempt to coerce DVMT stockholders to vote in favor of the merger, or else risk the unknown consequences of the forced IPO conversion,” Icahn…

The deal is part of the bank's strategic plan to cut expenses, grow its fee product offerings and enhance technology.

Three of the five largest U.S. oil and gas deals announced in the third quarter involved Houston companies or companies with a major presence in the Bayou City.

Canadian midstream giant Enbridge Inc.’s (NYSE: ENB) rollup of its Houston MLP and other subsidiaries was the largest Houston deal announced in the third quarter with a value of $16.95 billion, followed by London-based BP PLC’s (NYSE: BP) $10.5 billion acquisition of Australia-based BHP Billiton Ltd.’s (NYSE: BBL) U.S. shale assets,…

Nvsted, a crowdfunding platform for St. Louis-based startups and early-stage companies, has launched a new investment campaign for technology startup CentriCrude.

Nvsted, pronounced “invested,” was launched this spring by the the St. Louis Economic Development Partnership. The platform allows only businesses that are located in, or employ workers in, the St. Louis region to crowdfund capital from any accredited and non-accredited investor.

The first round of CentriCrude's funding campaign launched…

Medici can now count the Texas Medical Association among its customers. The company, which has an app for securely connecting doctors and patients, just did its first M&A deal.