PYMNTS

AUGUST 14, 2017

It costs merchants nothing to join or remain on Sky.Garden; all they provide is their shop name, MPesa phone number and a few personal and business details (such as operating hours). What the Sky.Garden platform does differently is allow sellers to manage online inventory just as they would in a brick-and-mortar setting.

Online 131

Online social media Mobile Software 131

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

Bank Innovation

JUNE 23, 2016

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Online Checkout Conversion. Are SMBs Ready For EMV?

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

DECEMBER 2, 2019

The funds will be used to triple the unit’s $100 million working capital portfolio, provided to small and mid-sized businesses in Mexico, according to Martin de los Santos, SVP of Mercado Crédito, adding that the goal is to “democratize financial services.”. The Goldman Sachs loan won’t be used to finance lending in Brazil. “We

Lending 130

Lending America Capital Regional 130

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

FEBRUARY 14, 2017

She comes to Chase Merchant Services with background experience in retail and mortgage business management, consulting, strategy, lean manufacturing, operations, transformation and change management. Prior, Strappa has held positions at GE Capital and McKinsey. trillion and features operations worldwide.

ATM 168

ATM Strategy America Online 168

PYMNTS

JANUARY 9, 2020

The increased regulatory and capital requirements for China’s P2P lenders should continue to put pressure on the sustainability of business models across the sector in 2020, leading to further industry contraction,” said Katie Chen, director for non bank financial institutions at Fitch Ratings, told the South China Morning Post Tuessday (Jan.

Lending 131

Lending Regulation Capital Industry 131

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.” dollars.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

JANUARY 15, 2021

15), Lore said his dream pursuit is to create “a city of the future” built on a framework that envisions “a reformed version of capitalism.”. Lore joined Walmart after selling his startup Jet.com to the retail giant for $3 billion in 2016. segment has been operating and continues to operate as an omnichannel business,” per filing.

Leadership 138

Leadership Retail Survey Course 138

PYMNTS

NOVEMBER 27, 2019

Online small business lending platform Funding Circle is launching a new feature for U.S. operations moved to quell concerns over investors’ inability to withdraw funds. small businesses to be able to choose from three approved loan options. Dubbed Small Business Choice, the new offering from Funding Circle U.S. Funding Circle U.K.

Customer Experience 132

Customer Experience Lending Operations Capital 132

PYMNTS

SEPTEMBER 14, 2018

The solution is powered by open API platform Marqueta, the company noted, and enables online sellers to access financing for improved cash flow. According to Payability, online sellers often have to wait two weeks or longer to access the funds resulting from their sales.

Cards 109

Cards Online Capital Payments 109

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

PYMNTS

MARCH 2, 2020

Other online marketplaces include Sky.Garden, Kilimall, MallforAfrica, My Big Order, Masoko, Ubuy, Shopit, Cheki, MamaMikes and Electro Hub. Jumia , which was founded by two Frenchmen in 2012, operates in 11 African countries, from Morocco to Nigeria and Kenya, and has been referred to as Africa’s version of Amazon.

Maine 157

Maine New York Capital Resources 157

PYMNTS

JANUARY 2, 2020

Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial , according to reports on Wednesday (Jan. 2) for a wholesale license, which has a capital commitment of $100 million. Grab also recently said it wants to expand into artificial intelligence.

Digital Banking 130

Digital Banking Capital Google Cards 130

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. For its part, ShopClues raised nearly $150 million in funding in 2016 to reach a billion-dollar valuation, becoming the seventh Indian startup firm to join the unicorn club.

Meeting 116

Meeting Capital Policies Compliance 116

PYMNTS

MARCH 7, 2018

-based B2B FinTech, has raised $40 million in venture capital, according to TechCrunch reports on Tuesday (March 6). FirstMark Capital led the investment, reports said, while existing backers Redpoint Ventures, Index Ventures, Bain Capital and Thrive Capital also participated.

Security 100

Security Capital Taxes Resources 100

PYMNTS

MARCH 13, 2019

Tencent also operates WeChat, the wildly popular messaging app. At the time Naspers said proceeds would go toward growth opportunities in global classified, online food delivery and FinTech. For example, in December it led the $1 billion fundraising round for Swiggy, the Indian online food company. That reduced its stake to 31.2

Fintech 123

Fintech Capital Online Financial Technology 123

PYMNTS

JANUARY 25, 2018

Fiverr , the online marketplace that enables companies to hire freelancers, is acquiring AND CO , another startup that provides support tools for freelancers. Fiverr is “raising more money and generating more capital, which allows us to take tools like [those] of AND CO and just make them free,” Kaufman told TechCrunch.

Tools 101

Tools Capital Online Community 101

PYMNTS

OCTOBER 4, 2016

The company doesn’t operate the secondary market itself but outsources to FOLIOfn, which is operated and maintained by FOLIOfn Investments, which is a registered broker dealer. 27, 2016, Prosper will no longer offer the Folio Investing Note Trader platform, the secondary market for Prosper Notes.

Marketing 170

Marketing Lending Operations Financial Technology 170

PYMNTS

NOVEMBER 16, 2020

In a statement announcing the suit earlier in the month, Assistant Attorney General Makan Delrahim of the DOJ’s Antitrust Division said that “Visa is attempting to acquire Plaid, a nascent competitor developing a disruptive, lower-cost option for online debit payments. The act is unlikely to go make much progress in a Republican-led Senate.

Innovation 288

Innovation Regulation Online Report 288

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

PYMNTS

JANUARY 22, 2019

to eBay, advising the eCommerce giant that the time has come to shed both StubHub and its classified ads business in favor of a deeper focus on its core online retail marketplace. eBay bought StubHub for $310 million in 2007, and has tried to expand the franchise overseas with the purchase of Spain’s Ticketbis in 2016.

Resources 115

Resources Operations Capital Retail 115

South State Correspondent

MAY 9, 2022

The 2016 to 2019 hiking cycle is unusual in a number of ways: it is slow-paced, relatively shallow, and was conducted after massive quantitative easing without commensurate quantitative tightening (more on this below). First, we point out the difference between online banks with consumer relationships today versus the previous cycles.

Community Bank 195

Community Bank Community Industry Online 195

PYMNTS

JULY 22, 2019

Online platform eBay announced it has tapped Peter Thompson, former vice president of Amazon’s Alexa Voice Services, as its new senior vice president and chief product officer. Before his work at Amazon, he was chief operating officer of TiVo and held executive roles at Microsoft, T-Mobile, Ericsson and Sonos.

San Jose 128

San Jose CA blockchain Leadership 128

Bank Innovation

FEBRUARY 8, 2017

The bank reached a “major milestone” at the end of 2016, according to David Gordon, the bank’s U.S. chief technology and operations officer. BMO Bank has been “heavily” investing in its technology architecture for the past five years. That’s in terms of all the tech capabilities we have built, which will Read More.

Innovation 150

Innovation blockchain Operations Technology 150

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

Innovation 150

Innovation Security Fintech Company 150

PYMNTS

APRIL 5, 2017

-based retailers, Staples has been shuttering stores and at the end of last year said it would sell a majority piece of its European business to Cerberus Capital Management, the private equity firm. What’s more, for 2016 Staples reported a decrease in annual sales, marking the fifth year in a row.

Retail 115

Retail Capital Report Management 115

PYMNTS

MARCH 29, 2017

Freightos, focused on international shipping and online marketplaces, said early Wednesday (March 29) that it had received $25 million in financing through a round led by GE Ventures. The operations center on import and export companies as they manage the logistics of their shipments.

Capital 100

Capital Software Management Operations 100

PYMNTS

JULY 18, 2017

Which leads to the interesting case of Renaud Laplanche, the co-founder and former CEO of Lending Club and the co-founder and current CEO of online lender Upgrade. Word of Upgrade’s launch first hit the wires in late 2016 with few details — so few that even the media got the name wrong. Just ask any entrepreneur.

Lending 122

Lending San Francisco Online Risk Management 122

PYMNTS

MAY 1, 2019

’s Bank Referral Scheme, part of the government’s array of initiatives to expand access to capital for small businesses, has been marred by controversy and criticism since it first came into effect in late 2016. But the scheme faced some of its harshest attacks yet at the hands of the Corporate Finance Network, a U.K.

Policies 148

Policies Capital Lending Report 148

PYMNTS

DECEMBER 14, 2018

That wasn’t perhaps the most surprising news, given how Amazon keeps taking control of more logistical and delivery operations — an effort that many observers expect will eventually include the eCommerce operator competing head-to-head with UPS and FedEx. billion in capital. That’s one take on the news Thursday (Dec. households.

Retail 197

Retail Millennials Capital Operations 197

PYMNTS

OCTOBER 7, 2016

The world’s largest retailer by sales will be pumping the breaks on its store expansion model as it reorients its attention toward expanding its e-commerce operations and infrastructure. this year than it had expected to — 2016 saw the opening of 130 new Walmart locations, as opposed to the 135-155 they had originally projected.

Retail 129

Retail Capital Online Marketing 129

PYMNTS

FEBRUARY 21, 2018

“While I am pleased with our progress in brand health and product quality, we have not achieved the operational excellence and accelerated profit growth that we know is possible at Gap brand,” Gap Inc.’s Same-store sales at Gap fell more than anticipated for most of 2016. percent in the holiday quarter. Brent Hyder, Gap Inc.’s

Branding 100

Branding Comparison Retail Operations 100

Bank Innovation

JANUARY 12, 2017

Funding Circle raised $100 million for its peer-to-peer lending platform AND notched record lending activity in the final quarter of 2016 — AND pushed its U.K. operation into profitability. Everything that happened in fintech this week in the U.K. is just plain wrong. Oh, the indignity of it. Read More.

Lending 150

Lending Fintech Operations Online 150