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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.”

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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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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. Take PayPal, for example. And therein lies the rub. 25-31, 2020.

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Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.

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Not a Session at Acquire or Be Acquired: Culture

Jeff For Banks

When Raphael Reznek, CIO of Mascoma Bank, spoke about the biggest challenge to launch online account opening: "our internal culture". Did you know that "Culture" was Merriam-Webster's 2014 word of the year? I attended Bank Director's Acquire or Be Acquired conference two weeks ago. The buzzword of the show: Culture.

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Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021)

Fintech Labs Insights

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15). HQ: Boston. Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (August 2021).

Cards 15
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Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021)

Fintech Labs Insights

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15). HQ: Boston. Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (August 2021).

Cards 15