article thumbnail

Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. and Australia. .

Online 108
article thumbnail

Amazon Opens Three More Brazilian Logistics Hubs

PYMNTS

The new centers are operating in Minas Gerais, Rio Grande do Sul and Brasilia, the country’s capital, and increase the number of Amazon logistics hubs in Brazil to eight. . Although lockdown measures are easing, online sales are still booming.

Capital 289
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Target Aims To Purchase Delivery Startup Deliv

PYMNTS

Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. Deliv’s venture investors include General Catalyst, PivotNorth Capital, Redpoint Ventures and Upfront Ventures, according to its website. Google and Enterprise Holdings Inc.,

Google 177
article thumbnail

Affirm IPO Now On Track To Raise More Than $1.1 Billion

PYMNTS

Affirm , which provides installment payments to online consumers, priced its planned initial public offering (IPO) at $49 per share, higher than its marketed range of $41 to $44 per share, and is on track to raise over $1.1 At $44 per share, Affirm would have a market capitalization of $11.9 billion, Bloomberg reported. million shares.

Online 200
article thumbnail

London FinTech SumUp Gets Digital Money License From Irish Central Bank

PYMNTS

SumUp has been active in Ireland since 2012 and has introduced electronic payments to thousands of businesses. The company has also recently launched new solutions — payment links and invoicing options; the eCommerce suite SumUp Online Store; and gift card partnerships with Google, Facebook and Instagram.

Fintech 245
article thumbnail

FinTech Affirm Raises $500M In Latest Funding Round

PYMNTS

The privately-held FinTech was founded in 2012 as an installment loan provider for shoppers to finance a purchase. The funding initiative was led by returning investor GIC, a wealth fund established by the Singapore government, and Durable Capital Partners, a Maryland investment company, the release stated. million U.S.

article thumbnail

SaaS Firm CEO Resigns; Layoffs, SEC Investigation Follow

PYMNTS

NS8 , a Las Vegas-based online fraud prevention and detection software maker for small and medium-sized businesses (SMBs), has begun layoffs following the abrupt resignation of its CEO. Founded in 2012 with 50 employees, the company grew to more than 200 workers within the last year.

Las Vegas 210