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Afterpay Reaps Benefits Of BNPL With Best Q4

PYMNTS

The company, which operates in the U.S., Given the ongoing impacts from COVID-19 and the uncertain global economic conditions, we have continued to focus on preserving capital and maintaining a strong balance sheet.”. In February, Molnar told PYMNTS why Afterpay went public nine months after its first-ever capital raise. “We

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LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions

PYMNTS

And that, Passione said, is an opportunity for lenders who, in the years since the Great Depression, have found themselves struggling to build relationships with millennial consumers and who have taken a sort of “chilly” outlook toward traditional financial institutions (FIs). Lending-as-a-Service. New Financing — New Growth.

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Squaring The Circle That Is Square

PYMNTS

In a conversation with economist and author of “Matchmakers: The Economics of Multi-Sided Platforms,” David Evans, in 2009, Co-Founder and CEO Jack Dorsey initially hinted at ambitions of controlling both ends of the payments ecosystem with what he called a “more elegant” payments experience. And industry pundits fell in love.

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How Home Depot’s Hedging Against A Downturn With Digital

PYMNTS

It was, by all accounts, a good year — pushed by a strengthening economy, a warming eCommerce market and and an emerging generation of millennial homeowners suddenly in need of do-it-yourself home improvement supplies. Since it was real estate that had tanked the economy, the market more or less froze solid for all but the well-capitalized.

Retail 101
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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. Minyard was founded back in 1932 and, at one point, operated more than 80 locations throughout the South. ” Layoffs. ” Layoffs.

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Newborn Unicorns: Meet The New Class Of $1B+ US Startups

CB Insights

Last quarter, the US unicorn “birth rate” ticked up significantly as 9 new VC-backed companies reached $1B+ valuations (compared to only 3 companies in Q1’17), the highest quarterly total since the close of Q3’15, according to our Q2’17 Venture Capital Funding Report with PwC. Valuation: $1.8B. Unicorn Round: $85M Series D.

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Newborn Unicorns: The First Half Of 2017 Sees 12 New US Startups Valued At $1B+

CB Insights

This new unicorn cohort operates across industries, from fitness tech to cybersecurity to enterprise data management. Select Round Investors: Breyer Capital, Sutter Hill Ventures, Wildcat Venture Partners. Select Round Investors: Index Ventures, New Enterprise Associations, Ribbit Capital, Thrive Capital.

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