Remove Branding Remove Capital Remove Metro Remove Operations
article thumbnail

UK’s Metro Bank To Buy P2P Lender RateSetter For At Least $3.27M

PYMNTS

London-based Metro Bank has struck a deal to buy peer-to-peer lender RateSetter for £2.5 Metro will make additional payments to shareholders if RateSetter reaches certain benchmarks, according to a news release. Metro Bank will operate RateSetter as an independent entity and make loans under both its and Metro Bank brands.

Metro 230
article thumbnail

Grocery Delivery Alabama Startup Shipt Takes On Instacart, AmazonFresh And Google

PYMNTS

number one grocery delivery brand. Shipt has raised $40 million in venture capital on top of last year’s funding as initial investors doubled down on their contributions. The Alabama startup eliminates grocery store trips for 20 million families in 47 metro areas.

Alabama 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Uber Shutters Car-Leasing Program

PYMNTS

We have decided to stop operating Xchange Leasing and move toward a less capital-intensive approach,” said a spokesman. metro areas, including 14 branded showrooms, and raised a roughly $1 billion credit facility from a consortium of banks.

Metro 101
article thumbnail

Mobile Order-Ahead Delivered The Goods In 2019

PYMNTS

Tons of capital was raised and spent on new systems and processes. DoorDash and Grubhub also got deliveries — in the form of municipal lawsuits over tipping, billing and compensation practices common to MOA brands. “It was the best of times, it was the worst of times.”

Mobile 131
article thumbnail

Challenges for the neo-challengers: Four hurdles to overcome

Accenture

In my frequent conversations with clients across the UK and Irish banking industry, one of today’s hottest topics is the rise of the challenger banks such as CYBG, Metro and AIB UK, and particularly the neo-challenger banks providing digital-only services, like Monzo, Atom and Starling. Why the intense interest in the neo-challengers?

article thumbnail

Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. metros with more set to be added by Amazon by year’s end. billion on 500 remodels in 2018 — more than a fifth of the retailer’s total capital expenditure of $10.3

Taxes 100
article thumbnail

The Global Bike-Share Boom: Dockless Models Look To Solve Urban Commutes & Transit Access

CB Insights

With the proliferation of consumer-ready mobile payments, IoT, and mature GPS technology, costs to build remote locking and tracking systems plummeted, allowing bike-share operators to build dockless systems. Bike-share operators report that commuting purposes rank among the top reasons for membership. Get Our AutoTech Newsletter.

System 52