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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

Founded in 2005, the FinTech AffiniPay now processes over $6 billion annually on behalf of 150,000 professionals, according to a news release announcing the appointment. Paytronix clearly delivers value to the market by enabling operators to drive incremental sales and deliver safer environments for staff and guests.”.

Industry 130
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One Food-Ordering App To Rule Them All

PYMNTS

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. OrderUp does, however, continue to operate in 11 markets, which license the platform’s technology and mobile app, though they may not be doing business under its name.

Baltimore 138
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The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. BILL GURLEY.

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Most Platforms Can’t Scale, Will Fail

PYMNTS

Back in mid-2005, though, things looked pretty grim for YouTube. Between early 2005 and early 2006 they did a bunch of things to get to critical mass. If you look at a graph of their traffic and video uploads over 2005 and 2006, you’ll see the classic hockey stick that every platform needs to aspire to.

Bitcoin 100
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Increased expenses, supply chain inefficiencies, and the need to enhance operating results contributed to the perfume retailer’s bankruptcy, which was court-approved in October.

Retail 78
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20 Alums Make the First Forbes Fintech 50

Fintech Labs Insights

To make the cut, companies were required to have operations in the U.S. Founded: 2005. HQ: Boston. While the list excludes financial giants, Forbes included startups acquired by larger companies but operating independently. . and a viable product.*. ” This year, 20 Finovate and FinDEVr alums made the cut: Algomi.

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Retail Pulse: Luxury Beauty Brands Revamp Stores; Glossier Opens Temporary Shops

PYMNTS

Dr. Jart+ was founded in Seoul in 2005 and sells moisturizers, masks, cleansers and serums under names like Ceramidin and Cicapair. From acquisitions to new or revamped brick-and-mortar stores, beauty, as well as cosmetic brands, are taking steps to evolve their retail operations. for roughly $1.1 In Other Brick-and-Mortar News.

Branding 132