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On-Demand Delivery Service Munchery Ceases Operations

PYMNTS

That came after it shut down service in Seattle, Los Angels, and New York. We have also enjoyed giving back to our community through meal donations, volunteer service, and so much more.”. In May Munchery said it was planning to focus on its largest market, which was San Francisco, in an effort to become profitable.

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eCommerce Grocer Weee Notches Almost $50M In Funding

PYMNTS

Lightspeed Ventures, iFly.vc, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported. Weee, which was started in 2015, began as a community buying platform that received Asian spices and fresh produce, among other items. It has over 5 million registered users.

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Saltbox Opens Co-Warehousing Space For SMBs

PYMNTS

The company said Atlanta has a diverse and growing ecosystem, with new firms, new talent, more connectivity, and greater capital. And, in May, a Seattle-based startup that manages an on-demand warehouse marketplace, Flexe , notched $43 million in a series B funding round. It said it will make a $5.6 Saltbox is the solution.”.

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11 Startups Show Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

Eleven startups participated in the Demovation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. These startups, diverse in focus, comprised a wide range of the fintech ecosystem, including payments, security and blockchain.

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Beneficial State Bank’s financial activism

Independent Banker

The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism. billion-asset community bank in Oakland, Calif., When it comes down to it, though, the community bank’s mission is radically simple. Photo: Ashley Courter.

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Munchery Leaves Consumers, Vendors Out $6M

PYMNTS

The company ceased operations in late January after laying off 30 percent of its workforce in May 2018. That came after it shut down service in Seattle, Los Angels, and New York. We have also enjoyed giving back to our community through meal kit donations, volunteer service, and so much more.”.

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Real Estate Startup Bungalow Secures $64M In Funding

PYMNTS

Bungalow also helps to create a sense of community through exclusive social events and volunteer opportunities so residents can get to know each other. “My It was hard to find a great home and even harder to build a supportive community away from friends and family,” Andrew Collins, co-founder and CEO of Bungalow, said in a press release. “We

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