PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

PYMNTS

FEBRUARY 21, 2020

LendingClub management said on the conference call that buying Radius provides access to capital beyond the traditional institutional investors that have helped fund the loans. Double-digit growth in eCommerce is expected to continue, as the retailer sees 30 percent gains in the current fiscal year. Home sales: In a sign that U.S.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

OCTOBER 7, 2019

With the app, Affirm users can shop at almost any retailer by creating a onetime-use virtual card instead of being limited to shops that have Affirm integrated at checkout. . Holiday spending by Americans topped $700 million in 2018 and is expected to be higher in 2019, according to the National Retail Federation.

Payments 139

Payments Millennials Retail Cards 139

PYMNTS

JUNE 3, 2016

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. According to Dasilva, the past decade-plus has brought three major payments revolutions, each of which shook the retail industry. There’s increasingly less middle ground between getting omnichannel right or fading into oblivion.

Retail 100

Retail Apple Fraud Online 100

PYMNTS

AUGUST 6, 2019

The sources added that the company is close to finalizing a deal with Gordon Brothers and Hilco Global for a 60-day loan that will give the luxury retailer time to find a buyer. That agreement, however, has not been sufficient to stem the losses, and it looks as though the retailer is running out of options.

New York 122

New York Retail Capital Company 122

PYMNTS

FEBRUARY 23, 2017

Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. million Series B venture funding round led by Rakuten Ventures with participation from SPH Media Fund, Enspire Capital and WI Harper Group.

United States 136

United States Millennials Retail Capital 136

PYMNTS

JUNE 21, 2019

Standard Chartered Private Equity was the main investor, and Affirma Capital also participated in the round. The amount of the raise wasn’t disclosed, but Dianrong was reportedly trying to raise $100 million so that it had enough to satisfy China’s capital requirement — $74.5 The company is known as the “lending club of China.”

Lending 100

Lending Capital Maine Groups 100

PYMNTS

DECEMBER 17, 2019

CircleUp entered the market in 2012 as a data driven variation on venture capital (VC) funding to solve for part of that problem in retail and consumer packaged goods (CPG) firms. Small manufacturers face a lot of pressure from retailers, so the credit works as a buffer,” Hochberg said. The first is focus.

Lending 132

Lending Data Retail Capital 132

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

PYMNTS

FEBRUARY 5, 2020

“This drives up cost to originate new loans, especially for the lower credit quality borrowers to whom many retail card portfolios skew.” To get a sense of some of the mechanics of how it all works: Capital One increased its allowance by $2.9 Peeking Under the CECL Hood. Yet the higher the reserves, the less credit is made available.

Conference 159

Conference Cards Lending Capital 159

PYMNTS

JUNE 10, 2019

Amid brick-and-mortar retail struggles and stock price volatility, a go-private offer has emerged for Hudson’s Bay Co., billion buy of Lord & Taylor in 2006, the public debut of Hudson’s Bay as a public company in 2012, and the acquisition of Saks Fifth Avenue in 2013. which owns Saks Fifth Avenue and Lord & Taylor.

New York 108

New York Retail Groups Capital 108

PYMNTS

MAY 7, 2020

The characterization of the future of the American mall cuts across many opinions and datasets, but the fact remains that in many cases, it is a fixture of brick-and-mortar retail. A” malls were successful before the crisis, and will eventually build on that success and the capital of their owners, like Simon Properties, to recover.

Retail 175

Retail Georgia Atlanta Examples 175

PYMNTS

AUGUST 18, 2017

This week, the company announced its last part of its $120 million venture capital (VC) funding round. Founded in 2012, the AI startup specializes in data analytics for enterprises looking to quickly find data, similar to an online search engine.

Analytics 102

Analytics Data Capital Analysis 102

PYMNTS

SEPTEMBER 12, 2018

“When you combine a strong economy, healthy retail demand and the willingness of small business owners to reinvest their savings from tax cuts, it creates a positive atmosphere for small business lending ,” said Rohit Arora, Biz2Credit CEO, in a statement. percent approval rating in March of 2012, Biz2Credit noted.

Lending 102

Lending Community Bank Taxes Community 102

Fintech Labs Insights

APRIL 12, 2024

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) (..)

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

FEBRUARY 5, 2020

“This drives up cost to originate new loans, especially for the lower credit quality borrowers to whom many retail card portfolios skew.” To get a sense of some of the mechanics of how it all works: Capital One increased its allowance by $2.9 Peeking Under the CECL Hood. Yet the higher the reserves, the less credit is made available.

Conference 141

Conference Cards Lending Capital 141

PYMNTS

JANUARY 18, 2018

The FinTech startup iKaaz, which was founded in 2012, has a cloud-based platform for online merchants, point-of-sale hardware for retailers and a mobile wallet for customers who want to make digital payments. Specific terms of the acquisition were not disclosed.

Payments 102

Payments Leadership Mobile Capital 102

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing That is a 100% increase in capital looking for quality fintech assets. The below figure using earnings for banks by Mercer Capital is a close-ish apples-to-oranges translation mechanism we can use for the discussion. billion in 2020 Q2, to $3.6

Capital 52

Capital Fintech US Lending 52

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing That is a 100% increase in capital looking for quality fintech assets. The below figure using earnings for banks by Mercer Capital is a close-ish apples-to-oranges translation mechanism we can use for the discussion. billion in 2020 Q2, to $3.6

Capital 52

Capital Fintech US Lending 52

PYMNTS

JULY 10, 2018

The Chicago-based population health services firm higi – which focuses on consumer-centric, data-driven engagement solutions for providers, payers, retailers and self-insured employers – has announced its latest big funding round. As of today (July 10), the firm has captured $21.3 population. higi is the new frontier.”.

System 101

System Retail Capital Chicago 101

PYMNTS

FEBRUARY 26, 2019

“This alliance is the latest initiative by Caesars to capitalize on our database, generate a new revenue stream in a growth market and raise our profile in sports, in part by creating new sports-themed guest experiences at our resorts across the country.” and Australia. .” and Australia.

Online 108

Online Mississippi New Jersey Boston 108

PYMNTS

MAY 25, 2016

. “This investment will also help us to more quickly add new retailers and brands who want to use eyeQ to reinvent the in-store shopping experience.”. The investment round was led by new investor Align Capital and saw participation from its existing investors.

Austin 100

Austin Samsung Capital Branding 100

PYMNTS

MARCH 2, 2020

Jumia , which was founded by two Frenchmen in 2012, operates in 11 African countries, from Morocco to Nigeria and Kenya, and has been referred to as Africa’s version of Amazon. The commission I earn as a Copia agent has been my working capital,” said Kihara, 48. All this has been possible due to money from the business.”.

Maine 157

Maine New York Capital Resources 157

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe often states that less than 8% of total commerce occurs online, suggesting roughly $26T in global, omnichannel retail sales.

Online 98

Online Company Retail Payments 98

PYMNTS

NOVEMBER 28, 2018

The partnership is good news for DoorDash, as it has received more than $700 million in capital since its creation in 2012 by former Stanford students Andy Fang, Stanley Tang, Tony Xu and Evan Moore. The injection of funds brought the food delivery service’s valuation to $1.4 billion.

Capital 117

Capital America Online Report 117

PYMNTS

AUGUST 16, 2016

Outfittery , the German styling service for men’s clothes, has raised $22 million in a funding round led by the venture capital firm Octopus Ventures, according to TechCrunch. Outfittery, founded by Anna Alex and Julia Boesch in 2012, says that it operates in eight countries and has about 400,000 clients.

New York 100

New York Capital Operations Company 100

PYMNTS

APRIL 27, 2018

In many businesses, acquiring customers used to be a function of where the business was located — a high traffic intersection for a convenience store or a well-heeled mall for a clothing retailer. Other industries see lower conversion rates — 1 percent to 10 percent, according to a 2012 study. Technology, of course, changed all that.

Study 190

Study Retail Industry Marketing 190

PYMNTS

APRIL 22, 2016

The venture capital world lit up last week with reports that B2B tech startups are now seeing increased funding, raising money at a faster pace than B2C startups. Unfortunately, for the world of B2B payments, those B2B startups seem to be serving more of the retail crowd. B2B ePayments. Transactis. Invoice Finance . Platform Black.

Capital 100

Capital Security Software User Experience 100

PYMNTS

AUGUST 28, 2017

million in 2012. Other players in the market, including Avenue Capital Group and Euler Hermes Group, have also exited the space, causing an increase in the cost of these insurance contracts. In 2013, those investments hit $232 million, and in 2014, they hit $80 million, according to reports. billion from $4.7 billion a year ago.

Payments 100

Payments Groups Report Capital 100

PYMNTS

DECEMBER 5, 2018

Going forward, ABEJA and Google will collaborate on AI and ML solutions across various sectors, including retail and manufacturing, driving the application of AI solutions, along with further growth in the Japanese AI sector,” the company said in a statement. The deal is a strategic one, according to ABEJA.

Google 101

Google Company Retail Maine 101

Bank Innovation

JUNE 14, 2016

P2P payments were realtime within Chase since 2012, but now they are realtime among Read More. Bank, Bank of America, and as of yesterday, JPMorgan Chase. Bank and Bank of America joined the realtime network in March.

America 150

America Payments US Capital 150

PYMNTS

JANUARY 22, 2018

Even food products that cost several times more than Urban Remedy’s typical fare have made the cut — like caviar, for example, according to PYMNTS Unattended Retail tracker. Venture Capital Investment. Previous funding rounds in 2014 and 2012 have brought the company $5 million and $1 million respectively, according to Crunchbase.

San Francisco 108

San Francisco California Austin Strategy 108

CB Insights

OCTOBER 20, 2017

MongoDB ‘s IPO ranks as the fourth largest venture-backed M&A or IPO in New York state since 2012, according to CB Insights data, and only comes a few months after Blue Apron ‘s listing, which topped Etsy as the biggest-ever New York tech company exit. Blue Apron is New York’s largest VC-backed tech exit since 2012.

New York 64

New York New Jersey Connecticut Boston 64

PYMNTS

JUNE 15, 2017

Momentum Machines introduced its fully autonomous burger bot in 2012, and now, with news of an $18 million venture capital funding round , it’s one step closer to opening its flagship San Francisco restaurant based around the prototype, which has been in the works since June of last year. “Our It’s meant to completely obviate them.”.

San Francisco 117

San Francisco Google Technology Training 117

Gonzobanker

JULY 10, 2020

Regardless of their viewpoints on capital recovery, now is the time for banking leaders to reevaluate their planning strategies. In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. What businesses need capital in the interim? Capital will be king!

Risk Management 88

Risk Management Capital Strategy social media 88

Celent Banking

OCTOBER 16, 2015

After Nashville, it’s been back-to-back trips to Las Vegas for the Amazon Web Services re:Invent developers conference followed by the Bankers Administration Institute’s Retail Delivery Conference. For a long time, BAI-RDC has been the premiere conference for retail banking. What’s The Hurry? .

Conference 100

Conference Las Vegas Nashville Capital 100

Accenture

FEBRUARY 28, 2017

Cash usage will see a clear reduction across Europe—as an example, ATM cash withdrawals in the UK, which peaked at 2.9bn withdrawals in 2012, will fall from 2.7bn withdrawals in 2016 to somewhere between 2 – 2.5bn withdrawals in 2017. Retailing/Acceptance. Use of Apple Pay, Samsung Pay etc. Use of Apple Pay, Samsung Pay etc.

Payments 150

Payments Bitcoin Samsung Fraud 150