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PayPal Provides $5M In Grants To Support Minority Businesses

PYMNTS

The grants are part of the San Jose, California-based worldwide online payments system’s $530 million pledge made earlier this year to strengthen minority communities and fight for economic equality and racial justice. “To PayPal Holdings Inc. provided $5 million in grants to support Black-owned businesses in the U.S.

San Jose 261
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Amazon Eyes Food Delivery Service In London

PYMNTS

Amazon has already dominated the online shopping and clothing markets, and now, it is setting its sights on the food delivery industry, something that startups, including Uber, have been eyeing. The venture capital industry has been responding, pouring money into the space for the last couple of years. If it launches in the U.K.’s

San Diego 100
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Retail Reinvention: Why Retail Doesn’t Need Salespeople

PYMNTS

Even if there were a trustworthy way to send money over the internet — which there isn’t — the network is no substitute to the essential ingredient of capitalism — salespeople.”. Take retail salespeople — Stoll’s self-proclaimed cornerstones of capitalism. Do our computer pundits all lack common sense?” Stoll continued. “No

Retail 197
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Bringing In Future Residents With Pop-Up Hotels

PYMNTS

To promote its pop-up hotels, WhyHotel lists on sites where consumers traditionally find travel listings — homeshares and online travel agencies (OTAs) — as well as its own website. Its new hotel in Baltimore, for example, includes a rooftop pool area. “These are all brand new units,” Fudin said. Our brand is brand new.

Arlington 101
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Self Financial handles the technology, including access to online accounts and an app, as well as marketing aspects of the program, and Lead Bank provides the compliance and access to the banking system. First Capital Bank. TriState Capital Bank. So that’s where the capital to start New Haven Bank came from.”. Charleston.

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Retail Fizzles, Alipay Sizzles — And Burger Wars Reignite On Mobile

PYMNTS

Fizzle: Chinese cross-border deals: With new regulations in place limiting cross-border capital flow, the dry-up is already here for Chinese firms buying companies outside the mainland, especially in the United States. Shares price plummeted 10 percent and fell below its five-year low as the market closed.

Retail 108
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Hit The Ground Running: 15 Early-Stage Fitness Tech Startups To Watch

CB Insights

Select Investors : StartLab Galway, Enterprise Ireland, Notion Capital. With a class-based and mobile first philosophy, Glofox is another company capitalizing on increased consumer interest in boutique fitness by combining a cloud-based business management platform with a white label mobile app. Headquarters: Baltimore, Maryland.