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Toys R Us Eyes Liquidation Of US Operations

PYMNTS

operations, currently in bankruptcy, according to recent Bloomberg reports. The plans come as the company has yet — and the emphasis may be on “yet” — to find a buyer for those operations or finalize its debt restructuring plans. Overseas operations are also hampered, reports have noted, with the company’s U.K.

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Klarna’s Value Hits $10B With Latest Investment Round

PYMNTS

Swedish FinTech Klarna is aiming to raise $500 million as it looks to fuel the expansion of its growing digital payments and online shopping business in the U.S. Founded in 2005, Klarna has previously stated that the U.S. Klarna has also been busy ramping up its operations in the United Kingdom. market, a new report states.

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Online Marketplaces Catching Up To Offline World

PYMNTS

Why should merchants be the only ones who get to leverage the speed, convenience and low-friction environment of the online marketplace? The big box retailer has been investing heavily in its online marketplace, and recently invited international vendors onto its platform. As it turns out, they aren’t.

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Marc Lore Retiring From Walmart To Create City Of The Future

PYMNTS

segment has been operating and continues to operate as an omnichannel business,” per filing. Lore was responsible for engineering the transformation of Walmart’s online business, including overseeing the redesign of the company’s website and app, Walmart CEO Doug McMillon told CNBC in an email. Our Walmart U.S.

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Canada’s Lightspeed POS Inc Raises $179M In IPO

PYMNTS

The company, which had early investors such as Caisse de Depot et Placement du Quebec, has over 700 people in its employ and was started in 2005. National Bank Financial, JPMorgan Chase & Co. and Bank of Montreal headed up the share of sales. The company’s Lightspeed platform, as it stood, already served small to medium-sized retailers.

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Olo Aims To Go Public In 2020 With Possible $1B Valuation

PYMNTS

Food software startup Olo, named after the phrase “online ordering,” has plans to file an initial public offering (IPO) in 2020, according to a report from Bloomberg. Olo was originally started as a text message food ordering service in 2005. The company, which is based in New York, is looking for a $1 billion valuation.

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Fiserv CEO Jeff Yabuki to Speak at Bank Innovation 2017

Bank Innovation

Yabuki joined Fiserv in 2005. Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

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