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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”.

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This Week In Insurance Tech: Gojek Rolls Out Online Insurance, Blockchain-Enabled Insurance Tests, AXA Partners with ClassPass

CB Insights

Proformex , a Cleveland-based life insurance policy management platform, raised $500K from undisclosed investors as indicated in its Form D filing. Indonesian ride-hailing giant GoJek announced the official rollout of its online insurance offering, Go-Sure, that had been in beta since October 2019. AXA simplifies geographic footprint.

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Beyond Amazon Go: The Technologies And Players Shaping Cashier-Less Retail

CB Insights

Clients can view the full list of 150+ cashier-free retail operators here. Some historians date its existence to over 2,000 years ago: texts from ancient Greece describe a coin-operated machine for dispensing holy water in temples. Today, Amazon operates four Amazon Go stores: 3 in Seattle and 1 in Chicago. Companies to watch.

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Online Catering Platforms Help Restaurants Reach Offices

PYMNTS

In the process of being on platforms, such as ZeroCater, they’re generating brand awareness for their restaurants. To help make this happen, ZeroCater recently notched $12 million in a Series B funding round with Cleveland Avenue as a lead investor, according to Crunchbase.

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