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Today In Payments: MineralTree Raises $50M, Buys Two Companies; Robinhood Raises $460M

PYMNTS

24) announced a $50 million Series D investment round and the purchase of two companies: Inspyrus, a Silicon Valley FinTech that specializes in AP, and Regal Software, the Atlanta-based provider of B2B disbursement software. MineralTree Inc., the Massachusetts-based accounts payable (AP) automation software provider, on Thursday (Sept.

Company 137
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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. For See You Tomorrow, Yerdle will power all backend operations including cleaning and repairing of product, inventory processing and fulfillment, pricing and authentication.

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Meal Kit Providers Exit Q2 With Industry In Major Flux

PYMNTS

With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. The firm also sells its own meal kit under the name True Chef, and is expected to use some of the acquired Chef’d assets to expand its own brand. Walmart Clears the Field.

Industry 100
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Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store

PYMNTS

In another commercial , a spokesperson proclaimed, “It’s a brand-new concept: You shop at a modern supermarket with wild warehouse prices,” as the slogan “wild warehouse prices” flashed across the screen. And, like Costco, it has a limited selection, which makes for a more efficient operation. “By It becomes a competitive advantage.”.

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How Home Depot’s Hedging Against A Downturn With Digital

PYMNTS

The Dow grew an average of 25 percent during that time period, meaning the Atlanta-based home improvement chain’s performance nearly doubled. billion investment in improvements across the brand.

Retail 101
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The Wellness Economy: The Buzzy Trend Reshaping Everything From Personal Care To Real Estate

CB Insights

CPG corporates like PepsiCo, Coca Cola, Kellogg’s, and Campbell, for example, have invested in and acquired a number of brands focused on healthy snacking , while personal care incumbents like P&G and Unilever have backed natural and organic beauty brands. Meet Maya, our hypothetical wellness-focused millennial consumer.

Trends 76
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FinovateSpring 2016 Live Blog – Day 2

William Mills

Diana Chin (HR & Operations). Branded version is available. ^KT. Fiserv is meeting that need for FIs and millennials. Industry leader Fiserv is tackling the issue account opening for Millennials. I suspect it could be very popular with Millennials as they get serious about savings and investing. That’s new.

Video 40