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Flywire Raises $120M, Acquires Simplee Healthcare Tech Startup

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percent from 2019-2028 and is expected to comprise a $2.5 trillion industry by 2028, according to Boston Consulting Group. Tiger Global Management and Adage Capital Management also joined the round as new investors, with participation from existing investors. The global payments industry is expected to increase at a CAGR of 5.9

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Funding Round Could Give AvidXchange $2B Valuation

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percent through 2028, according to Boston Consulting Group. The firm has 1,300 employees across offices in seven states and is distinguished as a global FinTech unicorn. Revenue growth in the business payments sector is expected to grow by around 5.6

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Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy

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Amazon , in one case, has added a suburban Boston location to its roster of Amazon 4-star stores, marking the fifth location of its type in the United States. In fact, one of the Amazon Books stores is located close to Natick in another suburb of Boston, Dedham. is expected to reach $64 billion by 2028, per GlobalData.

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Winds of Change Starting to Blow at the Fed

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Powell’s term as Chair of the FOMC expires in February, while his term on the Board of Governors doesn’t expire until 2028. Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren both retired this month after their personal investment trading activity during the pandemic came under scrutiny.