PYMNTS

SEPTEMBER 14, 2020

As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. It has also directly developed over 600,000 employment positions domestically throughout operations locations and company offices. “We 14) that it is hiring for 100,000 new regular positions across the U.S.

Operations 141

Operations San Diego Detroit Phoenix 141

PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Big online eCommerce, gig economy or other merchants “tend to have a lot of different payment services that they use,” he told PYMNTS in an interview.

Company 209

Company Fintech Payments Software 209

PYMNTS

AUGUST 23, 2019

million in venture capital. As reported by The Business Times , in Singapore, Tin Men Capital, a venture capital firm focused on B2B tech startups, led a $5 million Series A funding round to invest in RateIt. The company has expanded from Australia to southeast Asia and clients include Lego, Metro, Pandora and others.

Online 179

Online Metro Capital Customer Experience 179

PYMNTS

JULY 30, 2020

By any metrics, the company’s earnings were off the charts, and they hardly came as a result of cost-cutting. The company almost doubled its revenue and profit numbers while spending more than $9 billion on capital improvement projects. Among those numbers: Operating cash flow increased 42 percent to $51.2

Online 238

Online Capital Operations Video 238

PYMNTS

MAY 9, 2019

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Reuters is reporting that this totals eight total licenses handed out by the government. Expect fireworks.”.

Online 171

Online Capital Regulation Fintech 171

PYMNTS

APRIL 25, 2019

PayPal ’s venture capital arm has invested $11 million in online returns service Happy Returns. The funding is the largest round to date for the company, bringing Happy Returns’ total raise to $25 million. Some of the brands working with the company include Rothy’s, Untuckit, Everlane and Eloquii.

Online 164

Online America Capital US 164

PYMNTS

MARCH 27, 2017

Online styling company Stitch Fix is in preliminary discussions with bankers regarding an initial public offering, according to Fortune. Founded in 2011, the company offers a subscription service of regular fashion “fixes,” or curated boxes of clothing compiled by both human stylists and data analytics.

Online 100

Online Company Capital Analytics 100

PYMNTS

APRIL 30, 2020

The startup Flutterwave , which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set up online shops. The company said it would focus on making it easier for African businesses to make payments to other companies, both on the continent and elsewhere.

Online 141

Online San Francisco Payments Capital 141

PYMNTS

JANUARY 11, 2019

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Meanwhile, the eCommerce operator and logistics heavyweight continues investing in its delivery fleet.

Online 176

Online San Francisco Capital Operations 176

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. California-based automaker Tesla is one company that has witnessed the merits of offering 2FA for its car owners.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

JULY 25, 2018

When eBay announced that it would be accepting Apple Pay , it wasn’t the only new development for the online marketplace. The company also revealed a partnership with Square to offer financing to companies selling on eBay, heating up competition with its rival, Amazon.

Lending 134

Lending Capital Apple Operations 134

PYMNTS

SEPTEMBER 14, 2020

New Chinese finance rules will force Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to a report from The Wall Street Journal (WSJ). As of June 30, the company had 71.4 1, and will have to apply for a license to do so. billion yuan ($10.4

Groups 161

Groups Company Regulation Lending 161

PYMNTS

JANUARY 13, 2021

The company said in a press release that it plans to raise about 1 billion euros ($1.2 In July, Auto1 raised $300 million in funding in a round led by Farallon Capital Management and the Baupost Group. At the time, Reuters asked Auto1 Co-CEO Christian Bertermann whether this arrangement meant the company was getting closer to an IPO.

Online 131

Online Groups Branding Marketing 131

PYMNTS

DECEMBER 7, 2020

With the holiday shopping season in full swing amid the global pandemic, online commerce is booming. Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues.

Capital 356

Capital Online Tools Lending 356

PYMNTS

MAY 11, 2017

Xero , the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process. Many of the world’s leading financial institutions now share this vision. small business customers.

Capital 164

Capital Software Data America 164

PYMNTS

SEPTEMBER 15, 2020

In an interview with Karen Webster, Vilash Poovala , founder and CEO of FinTech Oyster , said online financial platforms, powered by open banking, can serve as alternatives for business banking in a country where business banking seems an afterthought. The world needs a FinTech operating system.”.

System 258

System Operations Fintech Taxes 258

PYMNTS

JULY 27, 2020

Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive ’s announcement that it will be going public. The blank check operation that will take Rush Street Interactive public fits the profile.

Online 142

Online Indiana New Jersey Colorado 142

PYMNTS

NOVEMBER 4, 2020

Like so many verticals that have adapted to survive the COVID-19 era, the restaurant industry is seeing the acceleration of trends that were already in place, Dave Boennighausen , CEO of fast-casual chain Noodles & Company told Karen Webster in a recent conversation. I think our brand is well-positioned for off-premise,” he said. “We

Company 160

Company Colorado Branding Trends 160

PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. fund Lone Pine Capital reached a preliminary deal to buy around 50 million euros of Auto1 stock from DN Capital , an early investor.

Capital 234

Capital Groups Branding Online 234

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. House committee began reviewing the idea of allowing non-bank companies — Amazon and Facebook among them — to receive charters to operate as banks. As reported late last year , a U.S.

Capital 155

Capital Fintech Retail Tools 155

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

MARCH 9, 2018

operations, currently in bankruptcy, according to recent Bloomberg reports. The plans come as the company has yet — and the emphasis may be on “yet” — to find a buyer for those operations or finalize its debt restructuring plans. Overseas operations are also hampered, reports have noted, with the company’s U.K.

US 107

US Operations Training Strategy 107

PYMNTS

SEPTEMBER 14, 2018

How do consumers really want to search online ? That’s a question with obvious relevance to payment and commerce operators. The peg for the story is the fresh capital that DuckDuckGo has raised from a Canadian firm, funding that will go toward marketing and other activities. New laws favoring consumers have come into effect.

Online 148

Online social media Google Data 148

PYMNTS

AUGUST 10, 2020

IAC , the New York-based global media and internet giant, is betting that an investment of $1 billion in MGM Resorts International will pay off in online gambling, according to a press release. IAC has always been opportunistic with its capital, and if ever there was a time, this moment is unique,” they wrote. “We

Online 146

Online New York Groups Report 146

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis. Traditional companies have had to embrace tech at an accelerating pace.

Capital 298

Capital Regional United States Meeting 298

PYMNTS

DECEMBER 30, 2019

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business (SMB) loans despite economic growth in the U.S. But the majority of online SMB lenders do not disclose publicly their fees and interest rates, reports warned.

Lending 131

Lending Online California New York 131

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. The company launched in 2019 and had a seed round then for $2.7

Payments 300

Payments Capital Online Meeting 300

PYMNTS

SEPTEMBER 19, 2018

A new report from Capital One examined this question, focusing on how technological disruption will affect its finances. “Do middle-market companies feel vulnerable to disruption? Organizations need to plan ahead, analysts warned, and that includes ensuring access to additional capital. ” Surveying 300 U.S.

Capital 134

Capital Marketing Mobile Payments 134

PYMNTS

OCTOBER 6, 2019

million investment round led by Lead Edge Capital, with participation from Global Founders Capital and other investors. million, with investors also including Sugar Mountain Capital, Fire & Vine Hospitality and Canlis Restaurant. Barn2Door has revealed that it raised a $3.4

Online 116

Online Software Capital Trends 116

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu Online retailer Allegro.eu

ATM 243

ATM Leadership Capital Online 243

PYMNTS

JANUARY 27, 2020

Entrepreneurs today have more choices than ever before as to how and where they access financing, but in many ways, that journey to capital hasn’t gotten any easier. It’s amazing how much of the industry still operates with fax — it’s expensive, and it’s wasteful.”.

Lending 157

Lending Online Capital Data 157

PYMNTS

JUNE 26, 2017

Mercado Libre Inc, the Argentina online marketplace, is gearing up to offer working-capital loans to entrepreneurs in Brazil and Mexico during 2017, reported Reuters. According to a news report , the move is part of an expansion of a program the company launched in Argentina in May. No bank has that kind of granularity.”.

Capital 108

Capital Big Data Analysis America 108

PYMNTS

JANUARY 8, 2019

The funding round was led by Benhamou Global Ventures (BGV) with additional capital from Btov. The company received $3 million in Series A funding in June 2017, bringing the total raised to $10.5 The company also partnered with online marketplace Aha in 2017 to debut an on-demand delivery service in Iceland’s capital, Reykjavik.

North Carolina 111

North Carolina Company Security Course 111

PYMNTS

AUGUST 22, 2018

Alternative small business lending firm Capital Float appears to be deepening its footprint in the personal finance market through the acquisition of Walnut. At present, only about a quarter of Capital Float’s business stems from consumer finance, with the rest coming from small business lending operations.

Capital 100

Capital Lending US Management 100

CB Insights

NOVEMBER 11, 2022

Turbulent market conditions have rattled capital markets tech funding, which fell 84% YoY in Q3’22. . These technologies enable capital markets firms not only to adapt to market volatility, but also to pursue new growth opportunities. The company also partners with law firms, which offer Pulley’s service to their startup clients.

Capital 66

Capital Trends Marketing Analytics 66

PYMNTS

SEPTEMBER 22, 2020

Mirakl , the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. billion, the company’s U.S. Mirakl provides online marketplace software to manufacturers, wholesalers and retailers, including Kroger Co., according to its website. “We

Software 220

Software Retail Capital Branding 220

PYMNTS

MARCH 8, 2019

Amid growth in its eCommerce sales and online selections, Costco Wholesale Corporation beat analysts’ estimates for earnings , but fell short on top-line revenues for the second quarter. While still “small pieces” of the company’s business, Galanti said, “they’re growing nicely.”. The warehouse chain reported revenues of $35.4

Online 130

Online Nebraska New Jersey Miami 130