PYMNTS

JANUARY 31, 2020

Online fashion marketplace Moda Operandi announced a $100,000 funding boost that it will use to invest in its technology and bolster business overall. Comerica Bank and TriplePoint Capital were also named, and there were more investors that were not named. High-end fashion has been a bountiful market for the eCommerce industry.

Online 134

Online Trends Capital Branding 134

PYMNTS

AUGUST 12, 2019

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. The company – whose name means “Buy My Car” in the country’s official language – was founded in 2017, and last year raised $3.7 Used Vehicle Trends. million in a previous round.

Trends 115

Trends Online Report America 115

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

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. Arison said the move was about adding capital to scale the company. Securing that capital is even more complicated than the IAC merger.

San Francisco 245

San Francisco Metro Online Capital 245

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

AUGUST 14, 2019

As PayPal reaches saturation points in Western markets, it wants to continue to expand internationally, especially in India, where the country’s 450 million mobile users make it an attractive target for retailers. India is a big market. The company also invested $125 million into Indian POS terminal company Pine Labs. .

Mobile 181

Mobile Capital Regional Google 181

PYMNTS

DECEMBER 6, 2020

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report, intending for Paysafe to go public. with a market value of $1.95 II SPAC raised $1.47 billion, Bloomberg reported.

Capital 226

Capital Cards Online Report 226

PYMNTS

MAY 14, 2018

Bloomberg , citing four people with direct knowledge of the matter, reported that Morgan Stanley purchased $14 million in local subordinated bonds from online consumer lender Geru Tecnologia e Servicos. The Geru bonds, which the company issued in December of 2017, have a four-year maturity and pay about 11.2

Fintech 116

Fintech Marketing America Report 116

PYMNTS

DECEMBER 19, 2018

For small- and medium-sized businesses (SMBs) in need of capital, bank loans are undoubtedly the first place they look. Alternative finance players, including online loan marketplaces and crowdfunding portals, are also gaining traction, while friends and family still remain a popular source for SMB owners, too.

Marketing 134

Marketing Capital Security Trends 134

Bank Innovation

NOVEMBER 13, 2017

EXCLUSIVE—Investors don’t need to wait for Initial Coin Offerings to reach their full potential: this way of raising capital is already redefining how businesses in certain markets can operate, Taynaah Reis, CEO for cooperative banking system company Moeda told Bank Innovation.

blockchain 278

blockchain Fintech Capital Innovation 278

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

JANUARY 2, 2019

The P2P lending market in China has been rife with scams and controversy for some time now. Prior to the recent activity on the part of the Chinese government , this type of lending was seen as one of the riskiest and least regulated areas of the financial markets. trillion yuan by the end of 2017, reported Bloomberg.

Lending 153

Lending Marketing Regulation Groups 153

PYMNTS

MARCH 19, 2019

The Global Wellness Institute found that the market for those kinds of offerings was value at $4.2 trillion in 2017 and rose from nearly 13 percent two years before, Bloomberg reported. Chief Revenue Officer Kimberly Kreuzberger said, according to the outlet, “We’re marketing to a very actionable consumer because they’re a shopper.”.

Los Angeles 116

Los Angeles Marketing San Francisco New York City 116

PYMNTS

SEPTEMBER 10, 2018

At the midpoint, Eventbrite would have a market capitalization of $1.55 and RBC Capital Markets. In 2017, losses totaled $38.6 Also in 2017, the company acquired Ticketfly from Pandora for more than $200 million, as well as Ticketscript. As a result, net revenue in 2017 increased an additional $27.5

Marketing 100

Marketing San Francisco Capital New York 100

Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

San Jose 150

San Jose Innovation blockchain Strategy 150

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

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. across credit cards, online savings and loans,” said Rodrigues.

Capital 100

Capital Cards Delaware Payments 100

PYMNTS

OCTOBER 10, 2018

Shortly after SoFi began to embark on the process of seeking a bank charter, Cagney stepped down from SoFi’s helm in September 2017. The firm has raised $50 million from investors, including venture capital firms Ribbit Capital and DCM. No word yet on what that product will look like exactly.

blockchain 124

blockchain Online Capital Lending 124

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

MARCH 20, 2019

Bitcoin’s share of the total cryptocurrency market is close to falling below 50 percent for the first time in over seven months. percent of the market’s total capitalization, falling to a low of 50.54 Before 2017, bitcoin held more than 70 percent of the market — but that was before new cryptos came on the scene.

blockchain 101

blockchain Bitcoin Marketing Metro 101

PYMNTS

FEBRUARY 20, 2020

Online food delivery company HungryPanda has raised $20 million in a funding round led by Antoine Nussanbaum from Felix Capital and Laurel Bowden from 83North, according to a release. We bring global experience and expertise in this market, which has already made us the leader in a number of cities in the U.S., ANZ and Europe.

Capital 141

Capital User Experience New York America 141

PYMNTS

NOVEMBER 6, 2020

based digital bank looks to fuel additional expansion in its home market while eyeing an initial public offering (IPO) down the line. 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.

Digital Banking 115

Digital Banking Capital Policies Management 115

Bank Innovation

FEBRUARY 16, 2017

Kahina Van Dyke, global director of commerce & payment partnerships at Facebook, will be a featured speaker at Bank Innovation 2017, which takes place in San Jose on March 6-7. Facebook has a market capitalization of $384.5 Van Dyke will participate in a fireside chat at the invitation-only event. Read More.

San Jose 220

San Jose Innovation Payments Capital 220

PYMNTS

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. But there is evidence that investors’ appetite for alternative lending startups is on the wane, even as overall FinTech funding continues to climb — and as the success of the alternative lending market grows, too.

Lending 190

Lending Capital Fintech Security 190

PYMNTS

JULY 18, 2018

Amazon flirted with the $900 billion market cap club Wednesday (July 18) after completing a successful Prime Day shopping event. This year marked the first time Prime members could get deals during the event at Whole Foods Market. It ended the trading day with a market capitalization of $894.2 billion.

Marketing 101

Marketing Apple US Capital 101

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. Brex deals in business-to-business (B2B) payments with corporate cards tailored to specific industries.

Fintech 131

Fintech San Francisco Capital Software 131

PYMNTS

SEPTEMBER 4, 2017

The consumers conduct the entire transaction online and pay using Alipay , where the money is held in escrow until the buyer receives the item and is happy with it. The firm received a $200-million investment from Tencent in April 2017 to fuel its competitive abilities against Xianyu. com launched in 2015. Small Players May Make Gains.

Marketing 100

Marketing social media Retail Mobile 100

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

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

MARCH 30, 2020

Lightspeed Ventures, iFly.vc, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported. The new funding will assist the startup in speeding up team building, supply chain optimizations and market growth. Bigbasket competes against Amazon and Flipkart in the Indian eCommerce market.

Los Angeles 143

Los Angeles San Francisco Sacramento Seattle 143

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

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

AUGUST 14, 2020

The Canadian firm said it has a total of $77 billion in securities, cash and other available capital available when including uncalled capital commitments from clients, Bloomberg reported. However, the turmoil in the market impacted the company’s earnings in the quarter.

Management 131

Management United States Capital Retail 131

PYMNTS

FEBRUARY 19, 2019

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. months in the first half of 2017. months in the first half of 2018, from 5.6

Marketing 108

Marketing Community Community Bank Industry 108

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

PYMNTS

AUGUST 5, 2019

This is moneycorp’s second major acquisition this year after it picked up the Brazilian online marketplace Novo Mundo. That deal marked the company’s first foray into the South American market. billion worth of currencies last year, surpassing its 2017 total by £2.3 In 2017 , moneycorp acquired Commonwealth FX.

Groups 108

Groups Payments Risk Management Capital 108

Bankelele

OCTOBER 16, 2019

With the recent attention on exchange rates and online forex (foreign exchange) trading in Kenya, this month we got to engage with one of the pioneers in the space – EGM Securities. Their parent company is Equity Global Markets Capital, with seven locations across the world, They launched in Kenya in 2017 after they got […].

Online 31

Online Capital Security Marketing 31