Will SoFi expand into biz lending with its Zenbanx acquisition?
Tom Paine
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From Axios' Pro Rata (Dan Primack), on SoFi's recent deal to buy Claymont, DE-based Zenbanx, from a conversation with SoFi CEO Mike Cagney:
""Will SoFi expand into biz lending? "That's a very active dialog we have here, particularly with the Zenbanx acquisition that's synergistic to the business side. I think we'll decide that soon... One thing we are going to do first is launch a practice loan for doctors and dentists where they can borrow money to start their own businesses.""
https://www.axios.com/pro-rata-2286512637.html
The 2017 PACT Enterprise Awards finalists have been named
Tom Paine
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The 2017 PACT Enterprise Awards finalists have been named. The PACT Enterprise Awards will be held on May 18 at the Pennsylvania Convention Center.
While some of these firms are well established and known in the Philly Tech community, others are like spotting the best prospects in minor league baseball baseball heading towards the majors. PACT's committee has a good record in picking high achievers.
Last year's winning technology startup, energy data firm NavPort, was acquired in December by Canada's RS Energy Group, with backing from Warburg Pincus.
Philly Tech News profiled QuantaVerse (Technology Startup nominee) in December. The Wayne-based Fintech venture won the "Peoples' Choice" award at PACT's IMPACT 2016 Capital Conference in the fall, and has also been nominated for benzinga's Global Fintech awards.
Regulatory DataCorp, King of Prussia (Technology Emerging), was acquired last summer by Vista Equity from Bain Capital Ventures. It is in a field roughly similar to QuantaVerse, though at a more mature stage, as it provides software and data which helps financial institutions and others identify regulatory risk.
GSI Health, Philadelphia (Healthcare Innovator), is in the emerging field of Population Health Management systems.
AlphaPoint, Berwyn (Technology Startup), develops blockchain-powered enterprise solutions.
Below are all the 2017 Enterprise Awards Finalists:
Investment Deal
Accolade
Safeguard Scientifics/NewSpring
Tabula Rasa
Sponsors: Broadpath and Grant Thornton
Technology Company
EPAM Systems
ERT
Evolve IP
Sponsor: Comcast Business
Technology CEO
Billtrust, Flint Lane
IMS Technology Services, Jill Renninger
Quench, Tony Ibarguen
Sponsor: Cozen O'Connor
Technology Emerging
CorpU
Regulatory DataCorp (RDC)
Workplace Dynamics
Sponsors: Fox Rothschild and EisnerAmper
Technology Startup
Alpha Point
QuantaVerse
Roar for Good
Sponsors: Ben Franklin Technology Partners and Pepper Hamilton
Healthcare Innovator
Children's Hospital of Philadelphia
GSI Health
Inovio Pharmaceuticals
Sponsor: Independence Blue Cross
Healthcare CEO
Excellis Health Solutions, Greg Cathcart
Phlexglobal, Rick Riegel
The One Health Company, Christina Lopes
Sponsors: EY and Morgan Lewis Bockius
Healthcare Emerging
CloudMine
Genisphere
VenatoRx Pharmaceuticals
Sponsor: RSM
Healthcare Startup
BioDetego
BlackFynn
PolyCore Therapeutics
Sponsor: University City Science Center
2/27: Comcast to Stream YouTube on X1; Apple and SAP Enterprise Partnership Launching First App in Marc
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Comcast to Stream YouTube on X1 Boxes (Multichannel News)
No AT&T-Time Warner merger review expected: U.S. regulator's chairman (Reuters)
AT&T Entertainment CEO Touts Rising Importance of Content (Hollywood Reporter)
If you think these charts aren't related, I'd like to sell you some bridges. And yes, I'll probably find you and advertise to you digitally. pic.twitter.com/WXUWdgr3tV
— tal shachar (@tweettal) February 28, 2017
MWC 2017: Apple and SAP Enterprise Partnership Launching First App in March (MacRumors)
Foxconn Rides Wave of 'iPhone 8' Expectations (Bloomberg)
MyPOV: @workday earns best quarter in company history. 2017 Rev $1.57B up 35% YoY ON track to hit $2B #FutureOfWork #HRTech #ENSW #ERP
— R Ray Wang (王瑞光) (@rwang0) February 28, 2017
Report: Amazon may launch new AWS productivity suite to take on Microsoft and Google
(Geekwire)
Salesforce.com Earnings Preview: Billings, M&A Outlook Eyed (IBD)
PMV Pharma gets $74M boost for personalized chemistry (Med City News)
PMV Pharma is based in Cranbury, NJ.
Appliance and electronics retailer, @hhgregg, may be filing for Chapter 11 bankruptcy soon: https://t.co/7jPYzlDEob.
— PYMNTS (@pymnts) February 27, 2017
Sequential Technology plans to grow workforce at Bethlehem data center it acquired from Synchronoss (Allentown Morning Call)
Is it the end of Verizon's printed phone books? Google and mobile phones threaten yellow pages (Philly.com)
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