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JANUARY 18, 2017

Letgo , the online used goods marketplace, secured $175 million in funding. Just last month, Google named letgo one of 2016’s “Best Apps,” and it remains one of the top ranked shopping apps in the U.S. The site, which launched in 2015 and is also regarded as the would-be craigslist killer, has raised more than $3.25

Capital 100

Capital Online New York Google 100

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NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. in 2016, the most recent data available. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks. percent from 19.3

Retail 131

Retail Payments Apple Online 131

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

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SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Earlier projections had predicted slower growth for 2016. Online sales had their biggest jump in Q2 year over year for two years. percent in June, according to Internet Retailer.

Retail 100

Retail US Data National 100

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SEPTEMBER 21, 2020

21) announcement also gave the retail industry a look at how Walmart is now categorizing its executive team and online structure, stemming from a recent reorg. Denise Incandela , who was once SVP Women’s Group, has now added “elevated and online brands” to her title. billion in the category in 2016 to $34.9

Branding 226

Branding Retail Online Strategy 226

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DECEMBER 30, 2016

As for firms that sizzled in 2016, how about bank stocks, which helped propel U.S. The incoming Trump administration also is gunning for a rollback of many parts of Dodd-Frank, which should also free up capital on banks’ books. POS systems were not immune, either, at retail and hotel chains. Online Lending. Bank Stocks.

Lending 122

Lending Data Course Cards 122

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FEBRUARY 27, 2019

Founded in 2016, SendBird hopes to help retailers, platforms and financial institutions level that chat playing field with a white label API that allows their partners to offer up real-time, user-to-user messaging within their own platform. SendBird is at base an API-based way to outsource the problem.

Retail 146

Retail Mobile Capital Technology 146

Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

Innovation 150

Innovation National Fintech social media 150

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APRIL 22, 2020

Rosenberg got the idea during a visit to his daughter’s college dorm at Michigan State in 2016. “I He had a prototype made, and in 2016 he was offered $3.6 million from a venture capital firm to fund the business. It comes with padded seat cushions and knee rests, and the attached desk adjusts for height and angle.

Capital 163

Capital Marketing Michigan Company 163

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AUGUST 9, 2018

Small business software firm Womply is rolling out its cybersecurity solution designed to safeguard companies’ online presence, the company announced on Wednesday (Aug. “Increasingly, the most damaging threats to revenue for small businesses are found online,” said Womply President Cory Capoccia in a statement.

Tools 100

Tools Online Software Security 100

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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. Get all of the details here.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

JULY 24, 2017

People thought no one would ever buy art online, sight-unseen. The art world has been one of the industries most resistant to change and to moving online,” said Anna Carey, a spokeswoman for the online art marketplace Artsy , a global platform for discovering and collecting art. The market is headed in that online direction.”.

Online 125

Online Marketing Capital Industry 125

PYMNTS

JANUARY 3, 2019

That is up from $360 million, which was the startup’s valuation in 2016 when it completed its previous fundraising round. million) in the 2016-2017 financial year. The company works with 5,000 car dealers in India and has direct retail deals with eight car and motorbike makers. Its revenue was 160 crore ($22.8

Online 139

Online US Report Retail 139

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

PYMNTS

SEPTEMBER 26, 2017

Immediacy in retail is no small advantage. While being invisible is something of an odd goal in retail — as it’s hard to sell one’s goods and services if consumers don’t know you exist — Darkstore, as its name implies, is a bit different. Brands and retailers that don’t have a local foothold for their inventory now get one.

Retail 102

Retail Branding Company Operations 102

PYMNTS

JANUARY 23, 2019

Truebil , an online marketplace to buy and sell second-hand cars, has raised $14 million in a Series B round led by Japanese investor Joe Hirao, the founder of ZIGExN. That followed its initial Series A in early 2016, which raised $5.5 That followed its initial Series A in early 2016, which raised $5.5

San Francisco 122

San Francisco Capital Online Retail 122

CB Insights

JANUARY 24, 2018

With household retail names like Radio Shack and Toy “R” Us seeing a spate of bankruptcies and closures over the past few years, it seems the long-predicted “retail apocalypse” has arrived. Alibaba, meanwhile, has publicly announced a strategy to combine online and offline commerce, dubbed “new retail.”

Retail 65

Retail Online US Technology 65

PYMNTS

AUGUST 14, 2017

What the Sky.Garden platform does differently is allow sellers to manage online inventory just as they would in a brick-and-mortar setting. Individuals and businesses in the less-wealthy segments of the economy have little opportunity to reap the benefits of online commerce. They soon moved to Nairobi and tested a prototype.

Online 131

Online social media Mobile Software 131

PYMNTS

JULY 16, 2019

SMZDM, which stands for “what’s worth buying” in Chinese, is an online shopping guide that many people outside of China are not aware of, according to reports. million yuan in 2016 and 86.24 The company has raised funds from China Growth Capital – one institutional investor – as of its founding nine years ago.

United States 100

United States Retail Capital Maine 100

PYMNTS

JULY 19, 2016

Lending Club, which has been struggling to recover from loan errors and the departure of its Chief Executive (among other issues), has named Patrick Dunne, a veteran of BlackRock, as its new chief capital officer. billion it had in the first quarter of 2016. Dunne most recently was in charge of BlackRock’s San Francisco office.

Lending 100

Lending Capital San Francisco Fintech 100

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

SEPTEMBER 22, 2020

The biggest investor in Dallas-based GameStop has reportedly set his sights on a lofty goal — having the video-game retailer take on the Goliath of eCommerce, Amazon , in an epic battle. By 2016, Chewy had sales of $900 million and had raised millions in venture capital backing.

Video 212

Video Dallas Retail Capital 212

PYMNTS

FEBRUARY 22, 2017

“Our focus on providing localized and innovative product selection, improving the interconnected customer experience, and driving productivity resulted in record sales and net earnings for 2016,” said Craig Menear, chairman, CEO and president. Home Depot Q4 2016 net earnings hit $1.7 Home Depot Q4 2016 net earnings hit $1.7

Online 122

Online Retail Customer Experience Report 122

PYMNTS

FEBRUARY 27, 2020

Retail fraud attempts have doubled year over year, for example, while account takeover (ATO) fraud losses recently hit $14.7 Businesses of all kinds suffer from the pervasiveness of fraud, with a recent study finding that 40 percent of retailers, restaurants and insurance companies had their online expansions impeded by cybercrime.

Fraud 150

Fraud Examples Online Data 150

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

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

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. Lore also overhauled the retailer’s supply chain for two-day and same-day delivery. “All

Leadership 138

Leadership Retail Survey Course 138

PYMNTS

SEPTEMBER 23, 2019

The furniture retailer is putting over $1.4 The plan would help “accelerate expansion offline and online,” Anna Pawlak-Kuliga, the company’s top executive in the country, told the outlet. However, that was lower than the 19 percent growth in 2016, per information the company reportedly offered local media.

Capital 109

Capital Retail National Report 109

PYMNTS

OCTOBER 5, 2020

The move comes as the owners of Petco are exploring a buyout of the pet retail store that could net as much as $6 billion, according to Bloomberg. They acquired Petco in 2016 for $4.6 Petco’s in-store vet service also gets pet owners to visit brick-and-mortar locations at a time when the business is finding better traction online.

California 248

California Meeting Marketing Retail 248

PYMNTS

MAY 4, 2017

The financing was led by Bain Capital Ventures with additional funds provided by Menlo Ventures, American Express Ventures and other investors. With this new round of funding, Signifyd brings its total investments to $95 million since February 2016 and a gain of 5,000 new customers. Our belief in the Signifyd approach runs deep.

Security 100

Security Fraud Capital Retail 100

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APRIL 5, 2017

Staples, the office supplier retailer, is reportedly looking to sell itself. 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. Just like many other U.S.-based

Retail 115

Retail Capital Report Management 115

PYMNTS

JANUARY 28, 2020

Nike ’s online store has sold out of all of its Kobe Bryant-related merchandise, according to numerous reports on Tuesday (Jan. No Kobe Bryant items were pulled from being sold and Nike didn’t ask retailers to send them back, as had been previously reported.

Los Angeles 130

Los Angeles Online Community Retail 130

PYMNTS

SEPTEMBER 16, 2016

Though the Q3 figures showed online sales have grown 10.9 percent in August, which is a healthy gain for the quarter, it’s still not as strong as last quarter’s numbers, Internet Retailer reported. The Monthly Retail Trade Report for August also showed that nonstore sales increased 11.9 Department of Commerce on Thursday (Sept.

US 100

US Retail Policies Online 100

PYMNTS

NOVEMBER 19, 2020

Dutch global grocery conglomerate Ahold Delhaize — the firm behind grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect in an attempt to up the level of its digital grocery offerings amid the online shopping surge created by COVID-19. “We Farmstead Picks Up $7.9M

District of Columbia 142

District of Columbia North Carolina Retail Online 142

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. Last month, JPMorgan & Chase Co. The firm has assets totaling some $2.5

ATM 168

ATM Strategy America Online 168

PYMNTS

FEBRUARY 23, 2017

Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. million Series B venture funding round led by Rakuten Ventures with participation from SPH Media Fund, Enspire Capital and WI Harper Group.

United States 136

United States Millennials Retail Capital 136

PYMNTS

JANUARY 26, 2017

Vyze, a cloud-based financial technology company for retailers and manufacturers, announced Wednesday (Jan. 25) that it continues to grow its financing platform that provides consumers with access to capital. In a press release , Vyze said that, as of Jan.

Retail 100

Retail Customer Experience Financial Technology Online 100