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Lending Club Appoints BlackRock Veteran As Chief Capital Officer

PYMNTS

Lending Club, which has been struggling to recover from loan errors and the departure of its Chief Executive (among other issues), has named Patrick Dunne, a veteran of BlackRock, as its new chief capital officer. The former CEO was also charged with inflating monthly loan volumes back in 2009 by giving the loans to family.

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Bank Innovation Relaunches

Bank Innovation

Today, Bank Innovation releases its most significant redesign and relaunch since the site initially dropped online in 2009. We hope you love the new Bank Innovation. When we started Bank Innovation, while the crosswinds of the credit crisis were still swirling, we were the lone voice for innovation at banks.

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Bank Innovation Kicks Off Relaunch Beta

Bank Innovation

We have undertaken our most significant redesign and relaunch since Bank Innovation initially dropped online in 2009. This beta officially kicks off today and marks a new chapter in the life of Bank Innovation. We hope you love it.

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Afterpay Adopts Google Pay, Apple Pay

PYMNTS

Similar to Afterpay online, shoppers can pay for their in-store purchases in four installment payments. “As we enter the second half of the year and retail re-emerges across the world, it’s critical we help our partners drive business growth, both online and offline,” said Nick Molnar , Afterpay Co-Founder and U.S.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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PepsiCo To Expand Energy Drink Share With Rockstar Acquisition

PYMNTS

Pepsi has had a distribution agreement in North America with Rockstar as of 2009. Separately, Pepsi spent $705 million to acquire Be & Cheery , a Chinese company that sells online snacks, per reports in February. The move comes as Pepsi and Coca-Cola have both been moving into the energy drinks market, CNBC reported. rose by 29.8

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BigCommerce Raises $64M Led By Goldman Sachs

PYMNTS

In a press release , the company said the fundraising round was led by Goldman Sachs and included participation from current investors General Catalyst, GGV Capital and Tenaya Capital. Our mission is to help every business selling online maximize success through the benefits of SaaS,” said Brent Bellm, CEO of BigCommerce.