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Today In Payments: MineralTree Raises $50M, Buys Two Companies; Robinhood Raises $460M

PYMNTS

the Massachusetts-based accounts payable (AP) automation software provider, on Thursday (Sept. The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. MineralTree Raises $50M, Buys Two Companies. MineralTree Inc.,

Company 137
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Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? or Idea Killers? Much to my chagrin.

Apple 66
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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. Not every brand that closes its doors did so last week in infamy, though. . Store Closures. ” Layoffs. And just in case merchants in the U.K.

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Behind BJ’s Digital Double Down

PYMNTS

Headquartered in Westborough, Massachusetts, BJ’s Wholesale Club doesn’t always attract the same level of interest as its larger counterparts at Costco or Sam’s Club — mostly because those competitors are much larger. With around 210 locations nationwide, BJ’s is less than half their size. But BJ’s is forging ahead — quietly as always.

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The Wonder Of Wegmans

PYMNTS

When its first Massachusetts store opened last year, 2,000 people lined up to get inside. They were aware of what millennials wanted before the millennials even got there and that ‘shopping’ didn’t mean filling your cart with canned peas; it meant hanging out, learning about food and eating it.”.

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Retail Bedfellows Roundup: Staples Shares Space, Affirm Finances Life Experiences

PYMNTS

At the rate so many once-solitary brands are shacking up with other companies, though, maybe the definition of the term needs to be widened a bit. Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. “People are everywhere,” Jacobson said.

Retail 100
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8 Connected-Economy Firms Expected To Light Up The IPO Market In 2021

PYMNTS

Robinhood offers an easy-to-use app to trade stocks commission-free, making the company popular with millennials. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion.

Marketing 198