PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. Its “Whole Paycheck” image combined with the rise in availability of organic foods in more traditional grocery stores put pressure on its stock, which was in the dumper, and the management team to do something to turn things around. Investors put $2.65

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

JUNE 29, 2020

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. IAC will change its name to Shift as the transaction proceeds and the Shift management team of CEO and Co-Founder George Arison and Co-CEO Toby Russell will stay in place. “We

San Francisco 245

San Francisco Metro Online Capital 245

PYMNTS

AUGUST 14, 2019

The Financial Times is reporting that PayPal launched a domestic business in India in 2017, which allows for local and global payments in the country. PayPal considers the country critical to its growth. India is critically important,” said Sri Shivananda, chief technology officer at PayPal. PayPal faces some challenges though. .

Mobile 181

Mobile Capital Regional Google 181

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. Executives from Payoneer, NCR, FTV Capital and Ingo Money touch upon all of these trends as they tell PYMNTS their own visions for B2B payments next year.

Industry 125

Industry Trends Capital Payments 125

PYMNTS

FEBRUARY 26, 2019

Payment platform Payoneer is launching its Capital Advance service, the company announced on Monday (Feb. Designed as a solution to support cash flow management for online commerce companies, Capital Advance provides access to working capital financing for businesses selling online.

Tools 140

Tools Capital Online Payments 140

PYMNTS

AUGUST 7, 2019

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles.

Online 112

Online Retail Trends New York 112

Bank Innovation

FEBRUARY 8, 2017

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

San Jose 150

San Jose Innovation Leadership Company 150

PYMNTS

JANUARY 9, 2019

Olo , a mobile and online food ordering platform, announced an $18 million investment by New York investment firm Tiger Global Management on Wednesday (Jan. Scott Shleifer, a Tiger Global Management partner, said he believes Olo is here for the long run. “We We believe Olo has a long runway ahead.”.

Management 115

Management New York Technology Mobile 115

PYMNTS

NOVEMBER 6, 2020

The startup followed that up in 2017 with the launch of its first mobile personal bank account and app, and the first digital business account in 2018. In October, Starling rolled out an online banking account for customers who want to manage their accounts on their laptops and desktops, in addition to their phones.

Digital Banking 115

Digital Banking Capital Policies Management 115

PYMNTS

OCTOBER 10, 2018

SoFi grew up quickly, expanding both the number and types of products it had on offer (mortgage loans, personal loans, wealth management services and life insurance) and its ambitions for what type of firm it wanted to be. The firm has raised $50 million from investors, including venture capital firms Ribbit Capital and DCM.

blockchain 124

blockchain Online Capital Lending 124

PYMNTS

DECEMBER 12, 2019

San Francisco FinTech Brex announced a $200 million debt capital raise from Credit Suisse that will be used to expand its eCommerce business and credit offerings to new companies, Brex announced in a press release on Thursday (Dec. The product automates expense management and integrates with accounting systems.

Fintech 131

Fintech San Francisco Capital Software 131

PYMNTS

JANUARY 10, 2017

It’s early in 2017, but fraud looms like Nosferatu chancing upon the sleeping maiden. Yes, that is billions with a B, and a capital B, as it represents the staggering amount that merchants lost last year, in the United States alone, from false declines, as estimated by BI Intelligence. We must prepare for that inevitability.

Fraud 100

Fraud US Data System 100

Bank Innovation

JANUARY 10, 2017

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Recent video footage also Read More.

San Jose 150

San Jose Innovation Video social media 150

PYMNTS

AUGUST 5, 2019

This is moneycorp’s second major acquisition this year after it picked up the Brazilian online marketplace Novo Mundo. Providing customers with mobile, telephone and online payment capabilities on a multi-currency platform, moneycorp also enables them to exchange money through 120 currencies. The company said it took care of 5.9

Groups 108

Groups Payments Risk Management Capital 108

PYMNTS

APRIL 22, 2019

Might banks be making inroads into the hearts and minds of smaller firms as they seek out capital – as some SMBs cite at least some dissatisfaction with non-banking lending conduits? Drilling down a bit further, about one third sought financing from online lenders in 2018, up from 24 percent in 2017.

Study 122

Study Lending Online Survey 122

PYMNTS

JUNE 28, 2020

Some of Spiff’s investors include Norwest Venture Partners, Next World Ventures and Epic Ventures, with seed investors Kickstart Album Ventures, Pipeline Capital and Peterson Ventures also participating. The transformation for some has been slow, PYMNTS reported , with paper processes still used in many cases.

Payments 247

Payments Software America Google 247

PYMNTS

SEPTEMBER 8, 2016

Starting today and running through the end of 2017, travel-loving Capital One customers with either the Capital One Venture Card or the VentureOne Card will have a new perk to play with. But discounts aren’t the whole of the model, since even Shank noted that there are other ways to save when booking online.

Capital 100

Capital Cards US Customer Experience 100

PYMNTS

SEPTEMBER 12, 2019

Buyers no longer need to rely on agents as the gatekeepers of information, which is available at their fingertips online,” said Co-founder Thomas Kutzman. “We Prevu has been on a mission to save homebuyers money since launching our Smart Buyer platform in 2017. Prevu said some homeowners have received an average rebate of $23,000.

Online 100

Online New York Tools Industry 100

Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

Innovation 257

Innovation blockchain Fintech Industry 257

PYMNTS

SEPTEMBER 26, 2019

The travel and lifestyle platform has received investments from the likes of JD.com, Sequoia Capital and Hillhouse Capital, according to Deal Street Asia. percent) of digital purchases in Indonesia in February 2017, while credit cards were used to complete approximately one-fifth (20.7 percent) of online purchases.

Cards 158

Cards Conference Capital Online 158

PYMNTS

DECEMBER 4, 2019

The brand will only sell its “Glossier You” fragrance, which has become one of the top-rated products on Glossier.com since rolling out in October 2017, CNBC reported. Nordstrom has had an industry reputation for being a much-desired partner for up-and-coming online brands that are seeking to grow. fragrance sales.”.

Los Angeles 131

Los Angeles New York Miami Austin 131

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 4, 2020

We’re excited to extend our partnership with Stripe to offer our customers capital and real-time access to funds so they can take on more jobs and better operate their businesses.”. Jobber provides software for skilled tradespeople to manage their businesses, which have collectively served more than 10 million customers.

America 158

America Software Meeting Capital 158

Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

PYMNTS

SEPTEMBER 22, 2020

Bloomberg reported that Ryan Cohen , who now owns a nearly 10 percent stake in GameStop, is in talks with management, several board members and his own RC Ventures to have the gaming company sell a wider range of merchandise. By 2016, Chewy had sales of $900 million and had raised millions in venture capital backing.

Video 212

Video Dallas Retail Capital 212

PYMNTS

JULY 9, 2019

These are just some of the ways that restaurants and third-party online platforms are making it easier for customers to order and pay for their favorite foods from their mobile devices in the digital era: Approximately half – or 49 percent – of large, quick-service restaurants (QSRs) allow in-app payments.

Mobile 179

Mobile Payments Los Angeles Hawaii 179

South State Correspondent

JUNE 5, 2023

Unfortunately, community banks’ most formidable challenges in managing their cost of funds lie ahead, not behind. from 2017 to 2019, respectively. Online banks are major industry competitors that comprise about 11% of all deposits. SP Global also forecasts deposit beta for the industry in 2023.

Community Bank 195

Community Bank Community Industry Strategy 195

PYMNTS

FEBRUARY 1, 2021

As it shores up its online corporate banking qualifications, Virgin Money has brought U.K. The deal is the newest partnership from Virgin Money as it keeps building out its working capital wellness offering, which comprises part of its commitment connected to a recent 35 million pound (approximately $47.84 1) announcement.

Technology 110

Technology Analysis Fintech Capital 110

Bank Innovation

JANUARY 27, 2017

Don’t miss your chance to secure your spot at Bank Innovation 2017 for the lowest available rate, and join attendees from companies already registered, such as: BBVA Braintree Capital One JPMorgan Chase Mastercard Rabobank Concentrix Silicon Valley Bank TD Bank U.S.

Innovation 150

Innovation Capital Security Company 150

PYMNTS

JUNE 7, 2017

BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry , announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone Capital Partners. BAM provides technology, payments processing and working capital loans to the U.S.

Atlanta 101

Atlanta Capital Industry Online 101

PYMNTS

FEBRUARY 13, 2018

In a company blog post , Instacart said it closed on a $200 million Series E round of financing led by Coatue Management. Glade Brook Capital Partners took part in the round of funding as a new investor, according to Instacart’s founder and CEO, Apoorva Mehta. “And, and Canada combined. “In

Retail 100

Retail Capital Course Online 100

PYMNTS

SEPTEMBER 4, 2019

Management has said that annual top line sees more than $30 million in direct to consumer sales. Separately, RentoMojo, an online appliance and furniture rental platform, reported a Series C funding round worth as much as $3.8 The joint venture is backed by Banktech Group and funds managed by ICICI Venture, according to a release.

ATM 170

ATM Regional Capital Branding 170

PYMNTS

FEBRUARY 13, 2019

Fashion online marketplace Zilingo has announced a $226 million funding round, one of the largest for an eCommerce startup in Southeast Asia and a major show of support among investors for the company’s increasing attention on the B2B side of the market. million for the financial year ending March 2017, reports said.

social media 115

social media Capital Marketing Operations 115

PYMNTS

JANUARY 8, 2019

The funding round was led by Benhamou Global Ventures (BGV) with additional capital from Btov. The company received $3 million in Series A funding in June 2017, bringing the total raised to $10.5 The company also partnered with online marketplace Aha in 2017 to debut an on-demand delivery service in Iceland’s capital, Reykjavik.

North Carolina 111

North Carolina Company Security Course 111

CB Insights

NOVEMBER 15, 2017

The walls between the worlds of insurance and wealth management are coming down. Meanwhile, one of the biggest under-the-radar trends in the ETF market is the entrance of major insurers, who have launched some of the largest and most popular new ETFs of 2017. Fintech companies focused on wealth management continue to gain popularity.

Management 43

Management New York Kansas Chicago 43

PYMNTS

NOVEMBER 24, 2020

Indian digital payments platform Cashfree has just landed tens of millions in new capital to help fuel its expansion, the Bengaluru-based company announced on Tuesday (Nov. The coronavirus pandemic has also helped boost Cashfree’s growth as Indian businesses and consumers ramp up their online sales and purchasing activity.

San Francisco 166

San Francisco Payments Leadership Cards 166