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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. According to Mars Super Markets, whatever the odds are, they aren’t in its favor. For some U.K. ” Chalk it up to another apparel retailer lost to the new fabric of fast fashion.

Austin 100
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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.

Security 132
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Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

The offering was led by Morgan Stanley, Barclays, Jefferies Financial Group and KeyBanc Capital Markets, Bloomberg reported, with the company trending on the Nasdaq under the symbol BIGC. According to a PYMNTS report , Tiger Global Management plans to buy at least one-fifth of the shares in the IPO. 4) for $24 each.

Software 194
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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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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. The company secured the investment from Ascension Ventures and Fuel Ventures, reports said. In the U.K., million in new funding , U.K.-based Attabotics.

Fintech 154
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BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

PYMNTS

Securities and Exchange Commission (SEC). BigCommerce Holdings, which was started in 2003 and is based in Austin, Texas, registered $120 million in revenue for the 12-month period that concluded on March 31. The bookrunners on the arrangement are Barclays, KeyBanc Capital Markets, Jefferies and Morgan Stanley.

Austin 164
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Morgan Stanley To Oversee Early Trading For Uber IPO

PYMNTS

Securities and Exchange Commission. Morgan Stanley previously led Uber’s first funding round in junk debt markets in 2016. Riders in Orlando, Miami and Austin will still pay the introductory price, but riders in new cities will pay $24.99 Allen & Co., Citigroup and Barclays are also involved.