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Grocery Delivery Alabama Startup Shipt Takes On Instacart, AmazonFresh And Google

PYMNTS

Until now, the Alabama startup had not made any move to topple the reigning grocery delivery champs out of major coastal cities like New York and Los Angeles, but now that can finally change. Shipt has raised $40 million in venture capital on top of last year’s funding as initial investors doubled down on their contributions.

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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. The operative question is when commercial PODs will show a spike. Regarding volatility, Alabama is projected to have the most significant variability in credit, while Connecticut is expected to have the most minor variability.

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Saving Main Street: Cities Pick Up The Recovery Role

PYMNTS

While they will lack the sheer financial clout of federal assistance, they are starting to offer strategies beyond capital infusions that will assist in restarting small business when the crisis passes. In Birmingham, Alabama a public private partnership is creating a fund to support small businesses through low-interest loans.

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Vending Machine Commerce Encourages Digital Payments Growth

PYMNTS

They also stand as a marker for all the changes that have come to vending machine retail — including recent developments tied not only to the generally healthier consumption habits of U.S. The capital will support hiring and the deployment of up to 500 new machines to St. Louis, Cincinnati and other areas.

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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

PYMNTS

We seek to partner with capital-efficient businesses that are on rapid growth trajectories and look forward to working with Shipt and playing a role in the continued advancement of the company.”. Founded and based in Birmingham, Alabama, Shipt launched in Nov.

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TGI Fridays, Fast Casual Food To Cater To Millennial Expectations

PYMNTS

Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the crest of the wave. The pilot store will be operating on extended hours, opening four hours earlier at 7 a.m. ” Hang out they’ll have to.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

Highlighting the need to accelerate access to capital for SMBs, HSBC said it is integrating Biz2X within its existing HSBC Fusion offering to speed up credit application approval. In a statement , HSBC Bank USA Head of Retail Business Banking Shaun McDougall said fueling the SMB community is important to support the broader U.S.

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