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Affirm Submits Draft To SEC For IPO

PYMNTS

The company was founded in 2012 and has since been partnered with companies including Walmart and Expedia Group. Max Levchin , founder and CEO of Affirm, said at the time that it is important to help businesses get on board with the rising trend of online shopping. It was valued at $2.9

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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. Other returning investors included Lightspeed Venture Partners, Wellington Management Co., Baillie Gifford, Spark Capital, Founders Fund and Fidelity Management & Research Co. million U.S.

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Mom And Pop Pharmacies Dwindle Amid Competition

PYMNTS

A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. PillPack , the online pharmacy, was acquired by Amazon for $1 billion and is another contender for prescription dollars, PYMNTS reported.

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Bank Branch Closings Take Toll On Rural Communities 

PYMNTS

lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. People in lower-income regions or with aging populations are also slower to gravitate toward online and mobile banking. More than half of the 3,114 counties in the U.S.

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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. The survey also revealed 39 percent of consumers shop for retail goods online more often than they did on March 6, the first day of the study, and that continues to climb — up 10.5

Google 177
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FreshBooks Buys Mexico-Based Digital Invoicing Firm Facturama

PYMNTS

“In Mexico, 65 percent of small businesses do not survive past their second year, and it’s largely because of cash flow management issues,” FreshBooks CEO and Co-Founder Mike McDerment said in the announcement. Ramirez López will still be the company’s CEO, while also taking on the title of managing director of FreshBooks for Mexico.

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Brazilian Retailer Magazine Luiza To Compete With Amazon

PYMNTS

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012.

Retail 108