article thumbnail

Sneaker Marketplace Goat Group Nets $100M For Expansion On $1.75B Valuation

PYMNTS

Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward expanding its products and apparel categories. The round was led by D1 Capital Partners , and values the company at $1.75

Groups 194
article thumbnail

‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

PYMNTS

million in fresh capital, a funding round that comes after one in May that brought it about $7.9 The idea is to capitalize on the trend toward food delivery thanks to the likes of Uber Eats, DoorDash and Deliveroo. According to UBS , the online food market will hit $365 billion globally in 2030, up from about $35 billion last year.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Stripe Reaches $35B Valuation With Latest Funding Round

PYMNTS

Stripe also recently announced some new products: Stripe Capital is meant to help getting business funds easier, and the Stripe Corporate Card was created to help with corporate spending. Even now, in 2019, less than 8 percent of commerce happens online,” said Stripe President and Co-Founder John Collison.

America 182
article thumbnail

Online Food Delivery Is Having A Bright Moment — But Clouds Are Gathering

PYMNTS

India-based online food ordering and delivery platform Swiggy has reportedly spent about $7.3 million to buy Scootsy , another Indian firm that offers online food delivery services. That said, online food delivery is having its moment. China, too, provides evidence that online food delivery remains a hot proposition.

Online 106
article thumbnail

Dutch Takeaway.com Gets $10B For London’s Just Eat Takeover

PYMNTS

Amsterdam-based Takeaway.com will merge with London’s Just Eat to create one of the biggest companies in the online food delivery sector. . The merger is a triumph for hedge fund investor Cat Rock Capital , who is invested in both companies and has asked for a deal. of the combined group, the news outlet said. .

article thumbnail

How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

Another key priority for many credit unions is diversity, with the African-American Credit Union Coalition and human capital solutions provider Humanidei partnering to increase the presence of women and people of color on CU executive boards.

Nevada 192
article thumbnail

Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

This is a crisis so pronounced that the United Nations listed the issue on its Agenda for Sustainable Development : “By 2030, [we must] provide legal [identities] for all, including birth registration.”. Mobile devices enable fast and secure access to services, many of which are solely available online.

Mobile 108