Remove business frasers-group
article thumbnail

House Of Fraser Investment In Tandem Opens Door To Financial Services

PYMNTS

While many might have been surprised by House of Fraser’s announcement that it was investing at least £35 million in Tandem, a U.K. It’s currently testing its products with a group of about 10,000 customers. Rick Knox, cofounder of Tandem, spoke to Business Insider to explain the logic of the deal for both sides.

Groups 100
article thumbnail

Today In Payments: Airbnb Boosts Price Range For IPO; Paysafe Readies $9 Billion IPO Via SPAC

PYMNTS

In today’s top news, Airbnb raises its IPO pricing just days before its date to go public, Paysafe could go public through a SPAC merger and Revolut launched an acquiring solution for Revolut Business customers. Revolut Launches Acquiring Solution for EU Business Customers. The art of the deal is not dead in the banking business.

Payments 131
Insiders

Sign Up for our Newsletter

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

article thumbnail

Carvana Rival Vroom Raises $146M For Used Car Platform

PYMNTS

L Catterton, General Catalyst Partners, Fraser McCombs Capital and individual investors also participated in the round. One of its more recent hires is Chief Financial Officer Dave Jones, who spent over a decade at Penske Automotive Group.

Online 104
article thumbnail

Ikea And What Comes Next For Printed Catalogs

PYMNTS

For every Ikea that pulls out of the printed-catalog business, there seems to be a digital brand that’s pushing forward with a new physical catalog all its own. What’s perhaps eye-catching in Ikea’s case and for the world of catalog publishing in general is how inconsistent that pullback actually seems to be when one looks at retail.

article thumbnail

British Grocers Get A Boost From Brexit

PYMNTS

Aldi ousted the Co-operative Group from its position as the country’s fifth-biggest supermarket in January, but the Co-Op still saw sales growth of 2.2 We expect inflation to continue to accelerate, and as a result we’re likely to see consumers looking for cheaper alternatives,” Kantar Worldpanel’s Fraser McKevitt told Forbes.

Taxes 100
article thumbnail

Mike Ashley victim of ‘abuse’ by US bank Morgan Stanley, high court hears

TheGuardian

Frasers Group suing over $900m cash demand linked to bets placed on shares in German retailer Hugo Boss The billionaire businessman Mike Ashley has claimed he was the victim of “abuse” by Morgan Stanley amid a high court dispute over the investment bank’s decision to impose a near $1bn (£790m) cash demand.

US 46
article thumbnail

Fintech Favorites

Fintech Labs Insights

Meanwhile, neobank Tandem finished off 2016 with a $42.8 (£35) million “initial commitment” from the House of Fraser. House of Fraser currently offers consumers credit and loyalty cards; it said it will detail how it will use its new relationship with Tandem in the first half of 2017. ” InsurTech.

Fintech 12