Remove 2025 Remove Capital Remove Management Remove Online
article thumbnail

eWallet Startup MoMo Lands $100 Million From Warburg Pincus, Other Investors

PYMNTS

The eWallet firm, Vietnam’s largest, has pulled in $100 million from a group of six investors co-led by Warburg Pincus and Goodwater Capital, Reuters reported on Wednesday (Jan. We hope to go public in the 2021-2025 period, possibly in 2025.

Capital 154
article thumbnail

Report: Instacart Is Mulling IPO

PYMNTS

8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7 Instacart said it has already surpassed its 2025 milestones and is tracking to exceed $35 billion in grocery sales in 2020, PYMNTS reported.

Report 268
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Indonesia Credit Card Designed To Help Unbanked

PYMNTS

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 online purchases. Both online and offline transactions will be supported under Visa ’s global network, and may also be managed through Traveloka’s mobile app.

Cards 158
article thumbnail

Bed Bath & Beyond Bolsters Liquidity With $850M Credit Facility

PYMNTS

It has put most of its store workers and a share of its corporate staffers on leave, has halted plans for share repurchases and has tightly managed expenses, capital expenditures and working capital, among other steps. billion in senior secured notes, set to come due in 2025, to help pay back borrowings under its current $1.5

Retail 141
article thumbnail

Kohl?s Leans Into Digital During Pandemic Store Closures

PYMNTS

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. The company issued $600 million in notes due 2025, replaced as well as upsized its revolver to a $1.5

Retail 235
article thumbnail

Predicting Community Bank Cost of Funds

South State Correspondent

Unfortunately, community banks’ most formidable challenges in managing their cost of funds lie ahead, not behind. Online banks are major industry competitors that comprise about 11% of all deposits. The graph below shows the Fed’s balance sheet and projections to 2025.

article thumbnail

How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

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