CIBC Innovation

Finance

Expensify | February 08, 2022

CIBC Innovation Banking is pleased to announce it has provided a $100 million credit facility to Portland-based Expensify, a payments superapp that helps individuals and businesses around the world simplify the way they manage money. This funding, provided in October 2021, will further support the company’s rapid growth and product expansion, and represents a significant increase to an existing relationship between CIBC Innovation Banking and Expensify. With more than 10 mil...

Sentinelandenterprise.com | January 13, 2020

Bay Colony Development Corp., a Waltham-based company, presented a $10,000 check to NewVue Communities on Thursday to boost the organization’s efforts to support local small businesses, said Executive Director Marc Dohan. Dohan said the money will support the NewVue Communities Small Business Technical Assistance Program, which aims to help businesses in the region. “This funding will help NewVue assist more small businesses in the area and allow us to reach out to different types of...

Minutehack | January 13, 2020

Most owners of small businesses are wary about sharing their data electronically, holding back the rollout of open banking which makes it easier to manage their money. Fewer than one in seven business owners questioned by the Federation of Small Businesses (FSB) said they were sharing the details of their business bank accounts with third parties. It means that most businesses are not getting the benefits of open banking, which puts invoice, cash flow, payroll, utilities and tax data all in the ...

AZ Big Media | January 13, 2020

By Digital channels have completely changed the way businesses operate today. Branded websites, mobile apps, social media handles: All of these are virtually prerequisites for building brand awareness, driving sales, and improving customer loyalty. Even traditional brick-and-mortar stores rely on digital touch points in some fashion, whether that’s posting store hours and parking information on Google My Business or directly selling to a larger audience through e-commerce sites. For small-...