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Top 5 Emerging Fintech Hotspots in 2018 [Page 1]

Bank Innovation

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. More than 100 Goodwill store locations ranging from New York to San Francisco are uploading products like collectibles, clothing and furniture to the platform to drive in-store and online sales.

Regional 145
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Santander InnoVentures Deepens Its Investment Expertise In North America

PYMNTS

According to a Fintech Finance report, Gottschalk will be based in San Francisco and will focus on strengthening the fund via investment opportunities in the region. Gottschalk comes to Santander InnoVentures from Blumberg Capital where he was principal for seven years based in San Francisco.

America 161
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Uber Freight To Invest $200M To Set Up Shop In Chicago

PYMNTS

Tapping into Chicago’s rich history and incredible potential, we’ll be investing $200 million annually in the region, through headcount, real estate investment and other expenses to support Uber’s local operations,” Lior Ron, head of Uber Freight, wrote in a blog post.

Chicago 109
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Should Unstaffed Stores Be Shelved?

PYMNTS

this seemingly high-tech format is being adopted (and adapted) by smaller, regional stores without Amazon-sized budgets. The technology, similar to that of Amazon Go stores, uses computer vision and artificial intelligence (AI) to identify what customers take from the shelves. Isn’t Only for Big Brands. In the U.S.,

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Getaround Car Sharing Platform Raises $200M At $1.7B Valuation

PYMNTS

Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher.

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WeWork Makes Its Pitch As An Innovation Enabler

PYMNTS

The space-sharing company, already famous and well-funded for the value it offers to modern, technologically proficient and often geographically separated workforces, keeps making inroads in payments and commerce — in fact, it is getting into software via the just announced acquisition of Teem , which sells office management technology.