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Neobank Joust Raises $2.6M To Improve Freelancer Payments

PYMNTS

There are 57 million freelancers in the country, and about half of the American workforce will do some type of freelance work by 2027. We’re pleased to be part of Joust’s innovative solution targeting an underserved and increasingly important segment of the U.S. Joust believes this segment of the population is being underserved.

Payments 143
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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

The projected CAGR of the global interactive kiosk market from 2019 to 2027 is 6.1 And the parking industry is seeing investments: In 2018, ParkWhiz announced it had taken in an additional $5 million in equity to its Series D financing, bringing its total funding round led by NewSpring Capital to $25 million.

Retail 177
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Retailers Team With Providers For eCommerce Payments’ Tear

PYMNTS

Etsy is hardly alone: eCommerce is experiencing year-over-year growth of 14 percent, according to the Payments Powering Platforms Tracker , and merchants looking to capitalize on this rise must accept the preferred payment methods of their customers, which include everything from credit cards to PayPal to Venmo and everything outside and in between.

Retail 131
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Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation

CB Insights

The company is backed by VCs including Spark Capital, Lone Pine Capital, and Granite Ventures, as well as corporates like Goldman Sachs, Mastercard, and Visa. . Creating a modern payments ecosystem in an industry that’s been slow to innovate . Tight competition among leading global payment giants and fintech innovators.

Cards 73
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Flywire’s Massaro: Healthcare Payments’ $375B Efficiency Opportunity

PYMNTS

are expected to approach $6 trillion by 2027, with an annual growth rate that will eclipse GDP growth for that same period. The announcement of the Simplee acquisition also included news of an additional $120 million capital raise. According to the Centers for Medicare and Medicaid Services , healthcare expenditures in the U.S.

Payments 227