PYMNTS

JUNE 28, 2019

credit card business, mobile-first company Jaja will pay an initial cash consideration of $671 million at current rates. The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. s Automobile Association and a Bank of Ireland branded card. (It To acquire the Bank of Ireland’s U.K.

Cards 100

Cards Charlotte Fintech Innovation 100

PYMNTS

JULY 3, 2019

million from investors including Partech, Axeleo Capital, Lafayette Plug and Play and others to further develop its loyalty program integrated into credit or debit cards. Founded in 2018, Joko’s loyalty program already works with dozens of major retailers including McDonald’s, Uber, Starbucks, Zara and more. “Our

Cards 135

Cards Fintech Retail User Experience 135

PYMNTS

JUNE 24, 2020

Now, in addition to car and personal loans on behalf of retail and institutional investors, Zopa will introduce savings accounts this week, to be followed by the addition of credit cards later this year. Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based million) to become a challenger bank.

Security 215

Security Capital Cards Report 215

PYMNTS

MARCH 31, 2020

Huaxing Capital subsidiary Huaxing New Economic Fund headed up the Series C+ round. A Huaxing Capital official called the company “an absolute leader in the industry,” per a translated statement. Blue Lake Capital, Zhonglin Capital and SoftBank China, which have invested in the company before, also reportedly invested in the round.

Industry 144

Industry Capital United States Software 144

PYMNTS

JUNE 25, 2018

In the first quarter of this year, KPMG said in a recent report that there were five $1 billion-plus mega-venture capital rounds, and analysts say venture capitalists (VCs) are diversifying their investment targets as emerging focuses, from artificial intelligence (AI) to healthcare, build excitement.

Cards 130

Cards Software Capital Management 130

PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. The top line, known as managed revenue, came in at $29.2 Management said on the conference call with analysts following the earnings release that average total loans, excluding loan sales in home lending, were up 3 percent year over year. billion in the same quarter of 2018.

Cards 131

Cards Data Training Community Bank 131

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank Is Doing to Drive Virtual Card Adoption. Managing Spend in a Sector Where Unplanned Expenses Are the Norm.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. The top line, known as managed revenue, came in at $29.2 Management said on the conference call with analysts following the earnings release that average total loans, excluding loan sales in home lending, were up 3 percent year over year. billion in the same quarter of 2018.

Cards 130

Cards Data Training Community Bank 130

PYMNTS

APRIL 4, 2019

Small and medium-sized business spend management firm Bento for Business is teaming up with Visa to enhance cash flow management for SMB customers. In a press release on Thursday (April 4), Bento announced its collaboration with Visa to integrate Visa’s business debit card into the Bento for Business platform.

United States 180

United States Management Cards Tools 180

CB Insights

FEBRUARY 27, 2019

In 2018, 14 European startups reached unicorn status, led by Roivant Sciences with its $7B valuation. Using CB Insights data, we identified all the Europe-based startups that have reached a $1B+ valuation in 2018. Select Investors: Founders Fund, SoftBank Group, NovaQuest Capital Management. Roivant Sciences. NuCom Group.

Company 76

Company Capital Groups Operations 76

PYMNTS

FEBRUARY 23, 2018

Today in PYMNTS data, the digital food delivery industry is growing every day, firms are using venture capital funding to expand B2B virtual card solutions, mobile apps are helping ease financing issues in auto purchasing and consumers have spoken: Omnichannel readiness features are not all created equal, but free shipping is a winner.

Cards 100

Cards Data Capital Mobile 100

PYMNTS

SEPTEMBER 3, 2018

Since we would hate for anyone to go into the end of 2018 behind the eight ball, we decided to pay tribute to both a great bit and a great deal of news with our own top 10 list of the biggest news of summer 2018. It is not an exaggeration to say that 2018 has been the summer of movie subscription service MoviePass ’ discontent.

Branding 100

Branding Cards Fraud Marketing 100

PYMNTS

JULY 6, 2020

In one, Indonesia-based travel and lifestyle platform Traveloka partnered with Bank BRI on a credit card for Indonesia’s underbanked population, as PYMNTS reported last fall. according to a Crunchbase report , which noted the startup’s Series A round was in November 2018. That void has drawn a number of new offerings.

Capital 211

Capital Groups Report Mobile 211

PYMNTS

NOVEMBER 17, 2020

The method will grow tenfold in the next five years, the release stated, citing a Lightyear Capital analysis, as businesses look for ways to access simple, transparent business solutions. It will also offer a full-service funding manager team so enterprise partners can offer users expertise.

Tools 167

Tools Capital Analysis Financial Technology 167

PYMNTS

FEBRUARY 28, 2019

Square ‘s Q4 earnings 2018 results came after market close on Wednesday (Feb. The Cash App , Square said, had more than 15 million monthly active users in December 2018, more than double the number seen in the final month of 2017. 27), showing the continuation of several trends seen in recent quarterly reports.

Cards 170

Cards Trends Payments Conference 170

PYMNTS

DECEMBER 2, 2020

The funding round was led by new investor Coatue Management, a slew of celebrity backers and Big Tech executives. Founded in 2018 and launched in October, the all-in-one banking app has a half-million users and is geared toward teenagers and young adults to help them gain financial independence.

Fintech 217

Fintech FDIC Resources Management 217

PYMNTS

OCTOBER 29, 2018

Power 2018 U.S. Small businesses represent a challenging, but lucrative, customer segment for banks that need to balance customers’ desire for high-touch service with the realities of managing the cost of service,” Bob Neuhaus, Vice President, Financial Services at J.D. Power 2018 Retail Banking Satisfaction Study and the J.D.

Regional 153

Regional Study Management Resources 153

PYMNTS

JUNE 18, 2019

In a Series C round led by Sequoia India and Ribbit Capital, online payments firm Razorpay has notched $75 million in funding. Y Combinator’s Continuity Fund and Tiger Global Management, who are existing investors, also joined the round in the Bengaluru-based firm, DealStreetAsia reported.

Capital 108

Capital Management Cards Lending 108

PYMNTS

JANUARY 20, 2020

Goldman’s expanded move into South Africa coincides with the scaling down of other brokerages, including Macquarie Group, Arqaam Capital, Deutsche Bank and Credit Suisse Group. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Operations 150

Operations Capital Groups Apple 150

PYMNTS

JANUARY 22, 2020

Liberis , a London-based FinTech that lends to small- to medium-sized businesses (SMBs) for future credit and debit card sales, has raised £32 million (more than $42 million), according to City A.M. The round was led by investment firm FTV Capital. It also has plans to expand its workforce by 30 percent. Europe and the U.K.

Denver 131

Denver Capital Fintech Lending 131

PYMNTS

MARCH 12, 2020

The report, which was commissioned by the Government Accountability Office (GAO), found that in 2018, USPS’ retail facilities generated about $10.5 Those facilities accounted for about 15 percent of total fiscal year 2018 revenues and about 7 percent of its total costs. billion in 2018, which was down from €5.6

Retail 169

Retail US Survey Examples 169

PYMNTS

JULY 15, 2020

Coconut has previously brought in growth capital through the site. million) in funding in 2018. It is said to use open banking to free micro-SMBs from their financial institutions (FIs) as well as provide money management, according to Crowdfund Insider. It notched 1.8 million pounds ($2.27 There are said to be 5.3

Maine 160

Maine Tools Report Capital 160

PYMNTS

JANUARY 20, 2020

Goldman’s expanded move into South Africa coincides with the scaling down of other brokerages, including Macquarie Group, Arqaam Capital, Deutsche Bank and Credit Suisse Group. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

MAY 29, 2019

The company said it will use the capital to invest in growth and add some muscle to its $2.3 It has around $12 billion in assets under management. Previous SoFi investors include SoftBank Capital and Peter Thiel. The private capital space has attracted a lot of interest lately: Investments in the area grew to $4.4

San Francisco 116

San Francisco Capital Millennials cryptocurrency 116

PYMNTS

DECEMBER 1, 2019

A source told the Financial Times that Zopa will receive the funds from an entity linked to IAG Capital Partners, a U.S.-based It was given a year to raise regulatory capital, and prove it was financially strong enough to become a bank. based fund, and its U.K. investment vehicle Silverstripe. since its inception.

Digital Banking 142

Digital Banking Capital Regulation Lending 142

PYMNTS

AUGUST 14, 2019

But these gripes still exist: Many banks often rely on a business owner’s credit score to underwrite a business loan, for instance, while business owners themselves will often use personal credit cards to make company purchases. But that mix is not a smart tactic for managing company spend and finances.

Lending 122

Lending Cards FDIC Capital 122

PYMNTS

MARCH 12, 2019

percent of gig economy workers surveyed last quarter (Q3 2018) to 41.9 percent this quarter at the end of 2018. In addition, the company also heralded a 2018 launch of Funds Now, which helps qualified companies gain instant access to funds from their completed sales — and where uptake has spanned more than 3.5 The SMB Benefit.

Cards 191

Cards Capital Survey Payments 191

PYMNTS

MAY 6, 2020

In the year ago first quarter, the growth rate had been about 27 percent as measured against 2018’s first-quarter volumes. One standout in the quarter was Cash App , where management noted that in March the ecosystem added its largest net new transacting active customer tally. Total quarter gross payment volumes were $25.7

Online 175

Online Bitcoin Capital Payments 175

PYMNTS

JANUARY 17, 2020

The move pushes Visa ever further away from cards and toward its goal of becoming, as management has often described it, a “network of networks.”. Specifically, Global Blue focuses on tourists spending abroad, and offers products that help capitalize on tax-free shopping as they buy luxury goods. percent year on year.

Company 132

Company Payments social media United States 132

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. receiving paper checks and even fewer using payroll cards. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

JANUARY 22, 2019

As perks for consumers go, cash-back offerings remain the leader of the pack when consumers are choosing credit cards. 13 percent of adults have an airline or hotel credit card, and 12 percent have a general travel rewards credit card, according to surveys by CreditCards.com and YouGov Plc. In the U.S.,

Cards 152

Cards cryptocurrency Branding Capital 152

PYMNTS

DECEMBER 8, 2017

It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. Expense Management. Axiom Capital, AME Cloud Ventures and other investors also participated in the funding, which brings Happay’s total valuation to as high as $55 million.

Bitcoin 139

Bitcoin Analytics Payments Capital 139

PYMNTS

MAY 13, 2019

The wall-mounted machine also has a 21-inch screen for consumer interaction, and comes ready to accept near-field communication (NFC) contactless and card payments. Mercedes-Benz Stadium in Atlanta went cashless in March, accepting credit cards, debit cards and mobile payments.

Retail 177

Retail Marketing eBook Atlanta 177

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. Highlights from the fintech 250 Class of 2018. valuation from December 2018.

Fintech 80

Fintech US Lending Cards 80

PYMNTS

NOVEMBER 20, 2019

healthcare market, which is continuously at the center of debate regarding how to expand access and manage treatment costs. million ACH electronic funds transfer (EFT) payments were made from health plans to health providers in 2018 — an 11.5 trillion in 2018, an increase of 80 percent from 2014. .

Payments 111

Payments System Cards Marketing 111

Abrigo

JULY 5, 2020

Using PPP technology “enabled us to support the high volume of interest in the loans and streamline and automate key processes to get capital into the hands of small business owners more quickly,” Derrick Bailey, Telhio’s Chief Sales Officer, has said. Capitalize on growth opportunities with new members. get started.

Technology 195

Technology Lending Capital Meeting 195

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. Stripe Connect and billing services help companies manage marketplaces, subscriptions. Virtual card issuance. Business lending and corporate cards.

Online 98

Online Company Retail Payments 98