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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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Sionic Mobile ION Commerce Engine Integrating With Oracle Hospitality

PYMNTS

In a press release , Sionic said the integration with Oracle Hospitality provides a cardless, three-digit checkout, enabling restaurants to quickly and securely process mobile payments. Sionic said Hojeij Branded Foods (HBF), the concessions operator in U.S.-based

Mobile 100
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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

Mall operator Simon Properties, for example, has been trying out a pop-up concept called The Edit, which allows a much shorter commitment — only one to six months. But, generally speaking, the most popular cities for Fanatics’ Olympic sales are New York City, Chicago, Atlanta, Houston and Los Angeles.

Retail 118
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Fast Food’s First Foray Into Meal Kits

PYMNTS

The brand abruptly announced its shutdown after running out of money – and recently saw its assets bought out by True Food Innovations. “The meal kit business is incredibly capital-intensive, requiring companies to secure funding to start and maintain the business. The supply chain consultant’s ultimate verdict? .”

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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. As consumer demand rises, businesses are buying into the trend.

Trends 76
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Santander and Kabbage Partner to Bring Same-Day Funding to UK SMEs

Fintech Labs Insights

A new partnership between Santander UK and Atlanta, Georgia-based small business lender, Kabbage , brings same-day funding to SMEs in the U.K. Pictured (left to right): Kabbage Director of Payment Operations, Michelle Sirpak, and Head of Product, Jason Dell demonstrating the Kabbage Card at FinovateSpring 2015 in San Jose.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Diana Chin (HR & Operations). It’s all done through the smartphone, with bank-level security. Chip card reader for when customers are shopping online to improve security. Customers can store all of their online profiles in one secure location to improve user experience. Branded version is available. ^KT.

Video 40