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Austin Mayor Announces Cancellation Of SXSW Due To Coronavirus

PYMNTS

The annual music and culture festival SXSW in Austin, Texas has been canceled due to fears over the spreading of the coronavirus , according to a report by Dallas News. As recently as Wednesday, Austin Public Health stated that ‘there’s no evidence that closing SXSW or any other gatherings will make the community safer.’

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Chapter 11 Watch: Austin Reed Bids Farewell, Staples Plots A New Course

PYMNTS

brands like apparel retailer Austin Reed, though, the weight of all that financial baggage is too much to crawl out from under. ” Small and nimble might be the playbook to taking down established fashion brands like Austin Reed, but just the opposite dynamic is at work in the grocery market. For some U.K. Store Closures.

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Disrupting The Security Deposit With Insurance

PYMNTS

On average apartment rent rates have gone up about 36 percent in the last decade according to retail data firm Yardi Matrix , and in particularly desirable marketplaces like Denver, Austin and Seattle rents have gone up by more than 70 percent. The average security deposit in the U.S.

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Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

According to a PYMNTS report , Tiger Global Management plans to buy at least one-fifth of the shares in the IPO. The company, based in Austin, Texas, has software that allows companies to manage eCommerce sales through markets like Amazon or on social media like Instagram. BigCommerce sold 9 million shares Tuesday (Aug.

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Logistics FinTech Leads Quiet Week In B2B Funding

PYMNTS

six FinTechs were able to secure a share of the next round of RBS grant money , with the winners including small business banking and biometrics company Onfido. based Hammock is helping landlords manage cash flow by offering a FinTech platform to streamline rent payments and manage bookkeeping. In the U.K., Attabotics.

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BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

PYMNTS

Tiger Global Management plans to buy as much as one-fifth of the shares in the IPO. One or more entities affiliated with Tiger Global Management, LLC, or Tiger Global, have indicated an interest in purchasing up to a maximum of 20 percent of the shares of Series 1 common stock offered in this offering at the initial public offering price. “One

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SXSW Accelerator Fintech Finalists for 2017 Announced

Bank Innovation

More fintech is coming to Austin. Austin is known for having a thriving Read More. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others.

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