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FinTech LendingClub Buys Radius Bank For $185M

PYMNTS

LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive. Radius is based in Boston and has in the neighborhood of $1.4 It had a huge initial public offering (IPO) in 2014, with an $8.5 billion in assets. million valuation.

Fintech 242
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ShipMonk Pulls In $290 Million For eCommerce Growth Effort

PYMNTS

ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. The B2B company said the $290 million investment “represents a minority stake.”

Boston 167
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Glossier Brings Shops To Nordstrom

PYMNTS

The beauty brand has launched pop-up shops in cities such as Austin, Miami, Boston and London, but its success has primarily been in online sales of its lotions, lash products and soft, pink-colored lip balms since its 2014 inception. fragrance sales.”. fragrance sales.”.

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NY Man Gets Jail Time For $390K Card Skimming Scheme

PYMNTS

By using secret card-reading devices and pinhole cameras at various locations, Rusu and others were able to commit a widespread bank fraud conspiracy that targeted various banks in Massachusetts, New York and New Jersey from August 2014 to November 2016, according to law enforcement.

San Diego 130
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Uber Eats Says Customers Donated $3M To Help Unemployed Workers

PYMNTS

The San Francisco-based online food ordering and delivery service launched by Uber in 2014 said it will match up to $3 million in contributions made by customers, according to TechCrunch. Uber Eats said it will send its matched portion to the National Restaurant Association’s Restaurant Employee Relief Fund.

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PYMNTS 11

PYMNTS

74 and 31 : Those are the numbers of company-owned and franchised restaurants, respectively, that Boston-based sandwich chain Cosi operated in 15 states before it filed for bankruptcy. $1 131 : That’s the number of successful cyberoperations Europol’s European Cybercrime Centre said it launched in 2015, compared to just 72 in 2014.

ATM 100
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Protein Bar And Kitchen Customers Earn Loyalty Points No Matter How They Pay

PYMNTS

The new app is powered by LevelUp , a mobile payments platform created by Boston startup SCVNGR and the force behind PYMNTS’ mobile order-ahead tracker. The healthy fast-casual restaurant launched a custom mobile payment and loyalty app with LevelUp in early 2014 to cater to its active, on-the-go customers.