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Olo Receives $18 Million From Tiger Global Management

PYMNTS

Olo , a mobile and online food ordering platform, announced an $18 million investment by New York investment firm Tiger Global Management on Wednesday (Jan. Scott Shleifer, a Tiger Global Management partner, said he believes Olo is here for the long run. “We Olo was one of the first companies to make a hard push into mobile ordering.

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Toys R Us Eyes Liquidation Of US Operations

PYMNTS

toy and game brand entered bankruptcy protection in September 2017, and had planned to refashion both its capital and operating structures — which is typical of such strategies. Toys R Us managed to garner a $3.1 As has been widely reported, the U.S.

US 107
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Decoupled Debit — Again?

PYMNTS

Capital One made the headlines then – a genius move, many called it at that time, for an issuer that lacked demand in deposit accounts and had no other way to provide a debit-like offering that would make their brand sticky to consumers. And each time, the headlines were all about how great these merchant-branded initiatives would be.

Branding 184
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How Toys R Us Kids Became Amazon Adults (And What’s Next)

PYMNTS

There have been a number of great commercial jingles in the history of commercials — tunes so catchy that they stick, almost forever, and remind us of brand names simply by nature of being so catchy. That jingle also managed to be oddly, and unfortunately, prophetic.

US 105
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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

According to a consultant hired by Total Hockey to help it right the ship, comparable same-store sales for the brand, which runs about 27 locations spread across the Midwest, were positive for every quarter up until Q4 2015, when they took an 8 percent dive. Not every brand that closes its doors did so last week in infamy, though.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Why Amazon Bet (Almost) A Billion On Certainty

PYMNTS

Much of the coverage was about the hit to Q2 profits from the additional investments in logistics, warehousing and inventory management required to cut the current default shipping option in half. Ordering ahead and managing pickup (or delivery) gives the consumer a way to create both predictability and assurance – on their terms.

Online 162