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Hurricane Florenceā€™s Retail Punch

PYMNTS

Though not expected to be as damaging as the hurricane run that ripped through Texas, Florida and Puerto Rico last year, Hurricane Florence is expected to deal $700 million worth of net negative impact on the U.S. economy, not counting insurance losses, according to weather-analytics company Planalytics.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

Mobile payments for vending machines. Data analytics with financial services focus. Puerto Rican marketplace lender. HQ: Puerto Rico. Tags: Investing, analytics, BI, big data, information. Total raised: $35 million. Source: Finovate. HQ: Portland, Oregon. Latest round: $12 million. Total raised: $15.2