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PayPal Working Capital Cites Growth In U.K. Volume

PYMNTS

unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K. We saw an opportunity for us to help and set about making PayPal Working Capital a reality.”. PayPal U.K.

Capital 108
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Banking On APIs For B2B Innovation

PYMNTS

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

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TouchCR Enables Intelligent Marketing

PYMNTS

To succeed in retail (and retail marketing), merchants and advertisers need to keep up with what shoppers want, how they buy, and where. The TouchCR platform was born out of the desire to be able to serve a consumer who is increasingly omnichannel, said Chief Innovation Officer Ritchie Hale.

Marketing 100
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Ten Years Of Payments Innovation And Reinvention

PYMNTS

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. When most people asked “what’s next?” The list goes on.

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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

PYMNTS

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. As such, automakers are hitting the venture capital highway in droves. What’s next for automaker-backed venture capital firms? Ridesharing. What’s New.

Capital 109
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Independent Panel To Review UK’s FinTech Sector 

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billion) in venture capital and the market has been estimated to have grown by nearly 70 percent since 2015. The UK government said FinTech’s success is key to ensure the country rebounds from COVID-19 and to remain at the center of financial innovation. The sector has an estimated worth of 7 billion pounds ($8.9

Fintech 174
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Mortgage Lender LoanDepot Seeking Over $300 Million In IPO

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million shares of its common stock, and private equity backer Parthenon Capital Partners is selling 5.59 Founder and CEO Anthony Hsieh said in a letter with the filing that the company, founded 11 years ago, has been “committed to providing honest products with great value, and committed to delivering them in an innovative, delightful way.”.

Marketing 182