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IndustryUpdate
ANNOUNCEMENTS constraints associated with unpaid leave. Beginning in
January, the policy includes 12 weeks of paid leave for
Appetize secures growth capital primary caregivers, and two weeks of paid leave for sec-
ondary caregivers.
Multi-location POS platform Appetize raised over $20
million in funding to expand its team in Los Angeles, PayJunction honored by Glassdoor
New York and Atlanta. The round was led by Los
Angeles-based private equity fund Shamrock Capital PayJunction was named among Glassdoor Inc.'s list of
Advisors. Tim Leiweke and Irving Azoff's Oak View The Best Places to Work in 2017. Glassdoor lists over
Group participated in the round, along with follow-on 540,000 businesses, publishing a Best Places to Work in
capital from several current investors. Shamrock Partners 2017 list for large businesses. The rankings reflect how
Andy Howard and Alan Resnikoff join Appetize's board employees, former and current, rate their experiences
and Tim Leiweke joins as a board observer. working for an employer. PayJunction has a Glassdoor
rating of 4.7 out of 5 stars. Additionally, 93 percent of
CrossCheck honors Siembieda, Harris reviewers said they would recommend PayJunction to a
friend and 100 percent approved of its CEO.
CrossCheck Inc. recognized President and Chief
Executive Officer J. David Siembieda and Senior Vice Payscout expands global footprint
President Mike Harris, respectively, in honor of their
25 years of service with the company. The company's Payscout Inc. plans to open a European office location
statement acknowledged how the two men have been an in Malta. The news followed the company's preliminary
inspiration to others and reflected on the stories of each EU Payment Institution license approval that will allow
executive and how they rose through the ranks, took on the company to function as a Payment Facilitator in the
expanded responsibilities and guided the firm into the European Union. "We are excited to have obtained pre-
21st century. liminary approval, which will enable Payscout to con-
tinue its global expansion, and help emerging business
Delve Labs acquires seed funding owners achieve the entrepreneurial dream one transac-
tion at a time," said Payscout CEO Cleveland Brown.
Delve Labs raised $1.5 million in seed funding from Real
Ventures, Desjardins Innovatech and Fonds Quebecor SmartBlue launches Tipatuity
Innovation. The investment is slated to accelerate the
company's growth and support its vision for redefin- Dallas startup SmartBlue Technologies Inc. recently
ing the way large organizations protect their informa- unveiled Tipatuity, a social tipping app that accom-
tion technology networks using state-of-the-art artificial modates tip transfers through Dwolla Inc.'s payment
intelligence methods. This round marks $1.8 million in platform. "Our goal is to empower service professionals
total funds raised by Delve Labs to date. with the tools they need to make the money they deserve
and to bring more of the in-store tip jars online," said
EverCompliant completes Series A round Shehadi Dayekh, founder of SmartBlue. "Tippers on the
other hand will find tipping easy to track and expense
Cyber-intelligence firm EverCompliant, which special- especially on business travel."
izes in transaction laundering detection and preven-
tion, completed $9.5 million in Series A funding led by TCF Bank supports Make-A-Wish
Arbor Ventures, including existing investors Carmel
Ventures, Star Farm Ventures and Nyca Partners. With TCF National Bank raised over $50,000 for Make-A-Wish
this investment, Melissa Guzy, Managing Partner at Minnesota through donations accepted at all TCF Bank
Arbor Ventures, joined the EverCompliant board. The branches in Minnesota, as well as funds collected during
funds will be used to fuel the company's continued team member fundraising events. The bank also his-
growth, including the opening of an office in Asia in torically invites Make-A-Wish children to be TCF Bank
2017, an additional expansion in the U.S. and European Kickoff Kids honorees at University of Minnesota foot-
markets, and growth of its research and development ball games at TCF Bank Stadium. "We hope our fundrais-
operations. ing efforts help to provide experiences for children and
families that last a lifetime," said Kent Engler, Director of
First Data launches new workplace policy Retail Banking at TCF Bank.
First Data Corp. unveiled a new workplace policy pro- 24 finalists head Fintech Finals 2017
viding fully-paid parental leave to both full-time and
part-time employees who qualify based on tenure. The Next Money revealed the 24 international startup com-
initiative is designed to provide new parents, regardless pany finalists who will compete in the Fintech Finals
of gender, with the critical time needed to care for their 2017 being held in Hong Kong during January. Each
newborn or newly adopted child without the financial startup will have five minutes to pitch their business in
front of industry judges and a live audience. The final
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