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Commercial InsurTech Bold Penguin Buys xagent To Expand B2B Range

PYMNTS

. “We are obsessed with upgrading the commercial insurance ecosystem, helping it evolve to meet the needs of all the players and catch up with the pace of technological innovation,” said Ilya Bodner, founder and CEO of Bold Penguin. The demand for cyber insurance is on the rise – the sector is expected to reach a $7.5

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Oros Takes Activewear Into The Space Age

PYMNTS

For most firms, referring to products as “Space Age” is a marketing strategy. They’ve been using the same technology for hundreds of years, and we saw the opportunity to differentiate ourselves from a product perspective. How we talk about the brand and technology all come to life through this website.”.

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Advanced Manufacturing Market Map: 110+ Startups Making Factories More Efficient

CB Insights

Advanced manufacturing ― technologies for more efficient, customizable, automated, or digitized manufacturing and supply chains ― has matured into a sector that received more than $3B in funding in 2016. This market map is not meant to be exhaustive of companies in the space. Sequoia Capital, BMW Group, GE Ventures, Google Ventures.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Amazon is advancing warehouse automation tech with a big leveling up of its autonomous cart technology. The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30. told Adweek.

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Peapod And Alexa Deliver Greater Grocery Ordering Convenience

PYMNTS

It delivers to homes and businesses in 24 metro markets and has more than 200 pickup locations. Its online grocery shopping services were provided in partnership with Chicago’s Jewel supermarket, Columbus, Ohio’s Kroger, San Francisco’s Safeway and Houston’s Randall’s. Put them together and what do you get? In Other News….

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Say Bye-Bye To MCX CurrentC

PYMNTS

Gaining consensus across merchants with competing businesses and interests also proved difficult – as evidenced by the fact that it took MCX three years to get a product to market and launch a small pilot. Some of the same merchants who were part of MCX also supported NFC technology – Apple Pay’s enabling technology.

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The 31 European Unicorns Ranked By Valuation

CB Insights

Select Investors: DST Global, DN Capital, SoftBank Group. Company Description: The UK-based financial services company runs sites such as Compare the Market, lesfurets.com, and Beagle Street, which let people compare insurance products. Select Investors: Institutional Venture Partners, Sequoia Capital, General Atlantic.

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