PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. fund Lone Pine Capital reached a preliminary deal to buy around 50 million euros of Auto1 stock from DN Capital , an early investor.

Capital 234

Capital Groups Branding Online 234

PYMNTS

DECEMBER 10, 2020

Ascena Retail Group Inc. In July, Ascena Retail Group, Inc. In a statement at the time, Ascena Interim Executive Chair Carrie Teffner said, “The RSA formalizes our lenders’ overwhelming support for a comprehensive plan to deleverage our balance sheet, right-size our operations and inject new capital into the business.”.

Branding 159

Branding United States Virginia Retail 159

PYMNTS

MARCH 3, 2020

With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. Its last announcement for fundraising was in 2018 from the venture capital arm of Line. The platform, as of now, teams with “super apps” such as Home Credit and Line.

Groups 130

Groups Comparison Online Community 130

PYMNTS

AUGUST 6, 2019

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . It’s also dealing with a massive rent hike at its headquarters which sent it frantically searching for a buyer. .

New York 108

New York Branding Las Vegas Seattle 108

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu Eyeing the success of that transaction for the owners who took Allegro.eu

ATM 243

ATM Leadership Capital Online 243

PYMNTS

NOVEMBER 16, 2020

Germany's Razor Group , which works to acquire and scale Amazon brands, has raised 25 million euros (about $26.7 Just 12 weeks ago, Razor Group, also raised 5 million euros (about $5.9 million) from debt financing through Claret Capital. million) from debt financing through Claret Capital.

Groups 235

Groups Report Marketing Capital 235

PYMNTS

NOVEMBER 12, 2020

The banking group has started reaching out to possible bidders, but still hasn’t made a definitive decision as to whether it will actually sell the unit, which specializes in store-branded credit cards, according to a Bloomberg report. Others are operating in a less constrained way.”.

Cards 285

Cards Conference Groups Report 285

PYMNTS

JULY 23, 2020

Ascena Retail Group, Inc. Ascena Interim Executive Chair Carrie Teffner said in the statement, “The RSA formalizes our lenders’ overwhelming support for a comprehensive plan to deleverage our balance sheet, right-size our operations and inject new capital into the business.”.

Virginia 140

Virginia United States Retail Operations 140

PYMNTS

JANUARY 13, 2021

Berlin-based Auto1 Group said on Wednesday (Jan. Auto1 said it would put about three-quarters of that back into its business, which includes its Autohero website brand. Auto1 said it would put about three-quarters of that back into its business, which includes its Autohero website brand. Auto1 serves both consumers and dealers.

Online 131

Online Groups Branding Marketing 131

PYMNTS

JUNE 24, 2020

The retailer, along with Harbin Pharmaceutical Group Holding Co., According to the announcement, “the Company is confident that between financing and cash flow from normal operations, and with the continued support of its largest vendor, GNC will meet its go-forward financial commitments as it works to achieve its financial objectives.”

Retail 186

Retail Strategy Branding Security 186

PYMNTS

JUNE 8, 2020

Founded in 1984, BinDawood operates 73 stores across Saudi Arabia with 10,000 employees. Bloomberg reported that BinDawood is working with Goldman Sachs Group Inc., GIB Capital and NCB Capital on the IPO. a hospital operator that raised 2.63 The company’s retail revenue exceeded $1 billion in 2019. Moelis & Co.

Massachusetts 130

Massachusetts Capital Retail Operations 130

PYMNTS

SEPTEMBER 28, 2020

“While the unprecedented business disruption caused by COVID-19 has presented many challenges, it has also given us the opportunity to reimagine our platform and improve our business,” said Neiman Marcus Group CEO Geoffroy van Raemdonck in a statement. “We

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

AUGUST 14, 2020

Citi executives asked for the money back, saying it was paid inadvertently due to an operational error, sources said. District Court in New York accused Revlon of moving valuable brand assets beyond the reach of lenders in order to use them as collateral for other creditors. A lawsuit filed Wednesday in U.S.

Exercises 271

Exercises New York Branding Strategy 271

PYMNTS

OCTOBER 6, 2020

DBS Group and Standard Chartered are launching a digital trade finance registry along with 12 other Singapore banks, Reuters reports, with the idea being to help reduce the risk of fraud. Digitization is essential to helping to expand the parameters of availability for global traders, though FinTechs haven't been able to fully capitalize.

social media 160

social media Groups Fraud Operations 160

Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. It starts at the beginning in creating the playbook and is prevalent throughout delivery and beyond.

Industry 221

Industry Conference Meeting Maine 221

PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. A group of 165 companies and industry associations — from the U.S. The consensus: the brands ready to flex with the ebbs and flows of changing consumer preferences are the ones that will survive.

Google 193

Google Payments Regulation Branding 193

PYMNTS

MAY 11, 2020

In a move that reportedly allows for business continuity, Neiman Marcus Group said in a statement that it has received interim court approval for all of its first-day motions regarding its voluntary Chapter 11 proceedings filed on May 7. The statement comes as news surfaced that Neiman Marcus had filed for bankruptcy.

Retail 142

Retail Groups Policies Cards 142

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum. The report said Alibaba has used such practices, among other companies.

Industry 152

Industry DC Regulation Washington 152

PYMNTS

SEPTEMBER 2, 2020

The round was led by Kharis Capital and Venturi Partners, and new investors EDBI of Singapore and FFP, along with existing investors Ingka Investments, which controls IKEA, TPG Growth, Goldman Sachs Group Inc., Ratan Tata’s UC-RNT Fund and Bessemer Ventures, according to Bloomberg.

Course 182

Course Capital Branding Groups 182

PYMNTS

MAY 29, 2019

A group of investors has acquired Sureswipe , a South African payments company, for an undisclosed amount. However, all three entities will operate separately. The investors were led by Apis Partners LLP and FinTech investor Crossfin Technology Holdings. We believe each provides a distinctive client solution.

Cards 162

Cards Fintech Retail Operations 162

PYMNTS

SEPTEMBER 4, 2019

The company, which operates its own eCommerce marketplace, has built its own supply chain, according to reports, and has recently expanded into the Mumbai and Pune regions, with perishables delivered the same day. The startup also began operations in UAE recently. The new capital will help expand into new geographies.

ATM 170

ATM Regional Capital Branding 170

PYMNTS

DECEMBER 18, 2019

billion based on their respective market capitalizations prior to Wednesday morning (Dec 18). It will create a group with over €11 billion in recurring operating profit, total vehicle sales of 8.7 Aurora, which is backed by Sequoia Capital and Amazon, will integrate its technology into FCA’s Ram Truck vehicles.

Capital 131

Capital Report Branding Groups 131

PYMNTS

NOVEMBER 13, 2018

ParkWhiz announced it has received an additional $5 million in equity to its recently-announced Series D financing, bringing the total funding round led by NewSpring Capital to $25 million. The additional funding comes from strategic investors including Amazon’s Alexa Fund, Alate Partners, Chaifetz Group and Purple Arch Ventures.

Chicago 123

Chicago Branding Groups Apple 123

PYMNTS

AUGUST 10, 2020

The move comes one month after IAC and Match Group, the parent company of dating providers Match, Tinder, OkCupid and PlentyOfFish, announced they separated Match Group from the remaining businesses of IAC. With the separation of Match Group … and new IAC emerging with $3.9

Online 146

Online New York Groups Report 146

PYMNTS

MARCH 2, 2018

Payroll and human capital management company Paychex is growing through the acquisition of industry peer Lessor Group. Lessor offers its own platform with Microsoft Dynamics as well as a cloud-based platform, offered to businesses under various brand names across northern Europe.

Leadership 100

Leadership Groups Software Capital 100

PYMNTS

AUGUST 26, 2019

Others focused on groups that were normally left out when designing and formulating products, with men being a particularly favored group. The brand they created was called Herbivore Botanicals. Today, the brand is very different than the soap-making operation that was formerly run out of its founders’ kitchen.

social media 109

social media Branding Capital Millennials 109

PYMNTS

DECEMBER 17, 2018

The luxury car brand is the first foreign company to get a license to operate a ride-hailing service in the country. “We Chengdu is the capital of China’s Sichuan Province and is home to more than 14 million people. BMW has launched a ride-hailing service in the Chinese city of Chengdu, the company reported. a kilometer.

Training 141

Training Branding Groups Mobile 141

PYMNTS

MAY 8, 2020

“We believe this is a critical component to getting the economy moving again, and we would like to partner with companies and entrepreneurs that can draw on our capital and expertise to stabilize and grow their business,” Bloom said, according to CNBC. mall owner General Growth Properties (GGP) in 2018.

Las Vegas 141

Las Vegas Retail Illinois Groups 141

PYMNTS

NOVEMBER 15, 2018

As Sears faces calls to wind down its operations, the retailer is reportedly putting the finishing touches on a deal for $350 million in financing with Great American Capital Partners, along with other lenders. The retailer reportedly chose the proposal from Great American Group, along with partners, over one from hedge funds.

Retail 123

Retail Capital Branding Report 123

PYMNTS

APRIL 11, 2019

Other investors that participated in the round include Allianz, General Catalyst, GV (formerly known as Google Ventures), OurCrowd, and Thrive Capital. The startup plans to use the proceeds from the capital raise to pick up the pace of expansion in the U.S. and Europe this year, and to evaluate possible new product lines.

Capital 108

Capital New York Big Data Branding 108

PYMNTS

NOVEMBER 3, 2020

A lot of direct-to-consumer (D2C) brands are being funded these days, as the digital-first economy continues to gain traction. Founded in 2014, SA Company has evolved with the pandemic and is on its way to getting a capital investment and operational expertise from one of its venture capital and marketing partners, TZP Group.

Company 131

Company Retail Boston Capital 131

PYMNTS

NOVEMBER 4, 2020

He said Noodles’ more than 450 eateries are making operational adjustments that he sees as long-term digital shifts that have surged in the past six months. Boennighausen said that while 2020 “was challenging [and] terrifying at times, it probably was also an inflection point for our brand.” Surviving The Latest COVID Wave.

Company 160

Company Colorado Branding Trends 160

PYMNTS

OCTOBER 5, 2020

The straw that reportedly broke the theater operator’s back was a push-back until 2021 of the release of “ No Time To Die ,” the 25th James Bond film. James Bond is already off the schedule, leaving theater operators wondering whether Wonder Woman will decide to sit out the rest of 2020 and Disney will send Soul to Disney+.

Operations 307

Operations Report Company Capital 307

PYMNTS

NOVEMBER 2, 2018

The non-bank financial company announced the investment this week, which was led by private investment unit Norwest Venture Partners, while existing backers CDC Group and P Surendra Pai also participated, according to VC Circle reports. INDUS said it will move forward with the new capital to focus on expansion and expand its staff.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

DECEMBER 12, 2019

SAP.iO, Scrum Ventures, Arca Continental and the Nomura Research Group also participated. We obsess about retail operations and physical infrastructure just as much as we obsess about AI and computer vision. That’s why we have more operational public stores than most other startups in the checkout-free space.”.

Sacramento 130

Sacramento Retail Branding Technology 130

PYMNTS

JULY 23, 2019

In addition, Brightloom has closed a $30 million funding round led by Tao Capital Partners and Valor Equity Partners, along with Starbucks licensees, including Alshaya Group and Alsea. We are confident that the digital flywheel strategy is the best way for brands to enhance and build their customer relationships.

Software 124

Software Strategy Payments Mobile 124

PYMNTS

JANUARY 10, 2019

N26 , the European mobile bank operator, announced Thursday (January 10) that it has raised $300 million in venture funding, led by Insight Venture Partners. market this year, and build a formidable global digital consumer brand.”. In a press release, N26 said that with the Series D round of funding, it has a valuation of $2.7

Capital 139

Capital Mobile Industry Marketing 139