PYMNTS

JUNE 29, 2020

WEX has reported a $400 million investment from a partner of Warburg Pincus , which the financial services tech firm will use to continue operations amid the global pandemic, according to a press release. The companies said the fact that the agreement was executed Jan.

Operations 225

Operations US Capital Company 225

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Both brands have made great progress in the past 24 months and have generated strong performance.

Operations 100

Operations Company California Branding 100

PYMNTS

JUNE 16, 2020

Would-be victims use their wits to outrun hordes of moaning zombies, but a few folks always get caught and disappear in a grisly, lip-smacking, bone-crunching gore-fest. Will so-called “zombie companies” soon do the same to parts of the U.S. But letting companies load up on debt to survive now might have ripple effects later.

Company 130

Company Marketing US Policies 130

Cisco

AUGUST 23, 2022

Since preserving capital will remain a top priority, decision makers will need to look for options that allow them to maintain or increase IT capabilities while keeping monthly spending to a minimum. Cisco Capital and Cisco Refresh , which offer global payment and lifecycle management solutions, were created to enable customers and partners.

Capital 116

Capital Policies Survey Management 116

PYMNTS

AUGUST 16, 2019

The retirement-focused United Income will now give automated advice as part of Capital One, which is looking to expand its robo-adviser offerings. . Capital One purchased the company for an undisclosed amount after taking a 10 percent stake last year, American Banker reported on Friday (Aug. However, not much else will change.”.

Capital 156

Capital Fintech Washington Operations 156

PYMNTS

APRIL 9, 2020

With the coronavirus pandemic driving demand for financing by small companies, early payment volume is higher by 208 percent month over month per insights from Taulia. Access to extra liquidity enables us to optimize our cash flow to keep the business running smoothly.”. The offering is designed for firms of all sizes.

Capital 150

Capital Payments Survey US 150

PYMNTS

AUGUST 5, 2020

The companies dubbed the initiative “eBay Seller Capital powered by LendingPoint,” according to press release. The release said eBay Seller Capital “is rolling out now as a pilot program with select sellers, and will be available to all eligible sellers in the U.S. later this year. billion.

US 232

US Tools Capital Operations 232

PYMNTS

JANUARY 7, 2019

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. It currently operates more than 550 stores in the region. It currently operates more than 550 stores in the region. “We This follows Toys R Us shuttering all of its U.S.

US 149

US United States Regional Operations 149

PYMNTS

MARCH 7, 2019

Hitachi Capital America , Hitachi’s U.S.-based In a statement, Hitachi Capital America EVP and General Manager of Commercial Finance and Corporate Development Mark Duncan said the takeover will help the company expand its footprint in the technology sector. The company released data in 2017 that found nearly half of U.K.

America 129

America Capital Technology Resources 129

PYMNTS

APRIL 26, 2019

operations. The company, which had been making plan changes and canceling accounts, is now shutting down amid legal proceedings including a patent lawsuit filed by MoviePass. It’s also struggling with a lack of capital, which prompted the move. In a letter on its webpage, Sinemia said it was ending operations in the U.S.

Operations 122

Operations Fraud Capital Analysis 122

PYMNTS

JANUARY 17, 2019

General Electric ‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum.

Capital 150

Capital America blockchain Regulation 150

PYMNTS

DECEMBER 18, 2020

domestic residential package services, in addition to pricing initiatives throughout all transportation segments, fueled increased operating results. The company said that those factors were offset, in part, by expenses to help with formidable demand and to grow services, pandemic-related costs and “variable compensation expense.”.

US 262

US Illinois Operations Report 262

PYMNTS

OCTOBER 6, 2017

5) said Tata Capital and Capital Float are teaming up, a deal in which Tata Capital will provide working capital loans to SMBs borrowing through Capital Float’s platform. Our alliance with Capital Float is another step toward strengthening our market position,” the executive added. “Our

Capital 139

Capital Lending National Marketing 139

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. And they’ve made it clear they want more from us in the financial services arena.” For Walmart, FinTechs are in sight — but where to from here? As reported late last year , a U.S.

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

SEPTEMBER 17, 2020

A company recently created by billionaire Virgin Atlantic Founder Richard Branson plans to raise between $400 million and $460 million to acquire a yet-to-be identified business that is available at an attractive price due to the COVID-19 pandemic, according to a Wednesday (Sept. VG Acquisitions Corp., VG Acquisitions Corp.,

Capital 140

Capital Resources Operations Groups 140

PYMNTS

JULY 28, 2020

While eBay’s second quarter results were stellar, the event was more notable for the unveiling of new CEO Jamie Iannone ’s vision for the company. By the numbers, the pandemic-driven digital shift has been good for the company, as revenue for the quarter was $2.9 The company’s new managed-payments platform has processed $4.7

Company 227

Company Operations Mobile Capital 227

PYMNTS

JANUARY 12, 2021

London-based FinTech startup Curve has raised $95 million in Series C funding led by IDC Ventures, Fuel Venture Capital, and the investment division of Vulcan Capital, launched from the estate of Microsoft co-founder and philanthropist Paul G. Founder and Curve CEO Shachar Bialick said in a press release on Tuesday (Jan.

Fintech 220

Fintech US Samsung Capital 220

PYMNTS

MAY 15, 2019

Respond Software announced that it has closed a $20 million Series B funding round, led by ClearSky Security, with participation from previous investors CRV and Foundation Capital.

Software 108

Software Operations Security Resources 108

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

PYMNTS

JANUARY 12, 2021

Cruise ship operator Carnival is looking at a loss of $2.22 The loss is compared to the company's $423 million profit in the same quarter from a year prior, the report stated. shores last March, and other companies under its banner, like Princess Cruises and Holland America Line , paused some of their cruises as well, WSJ reported.

Report 157

Report US Operations Conference 157

PYMNTS

SEPTEMBER 20, 2019

A cannabis consumer goods and marketing holding company led by PRØHBTD CEO and Founder Drake Sutton-Shearer has launched with $25 million in funding, according to a Sept. The company’s flagship PRØHBTD recently launched an immersive website that integrates content and eCommerce. “I’m 20 press release.

Company 116

Company Branding Dallas Capital 116

Bobsguide

APRIL 22, 2022

For the third consecutive year, GBST has been named in the top 100 most innovative companies across the wealth and asset management industry, cementing its position as a global leader. The post GBST named in top 100 most innovative WealthTech companies in the world for the third year running appeared first on Bobsguide.

Innovation 147

Innovation Company Management User Experience 147

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

APRIL 26, 2019

The firm operates a portal through which buyers, suppliers and financial institutions can connect to facilitate financial transactions, including eInvoicing, supplier payments and financing. The company raised $6.7 Existing backers, Nauta Capital and Seedrocket 4Founders Capital, also participated.

Fintech 176

Fintech US Lending Capital 176

PYMNTS

NOVEMBER 9, 2020

Even companies that did not directly interact with individual consumers have seen their operations change rapidly as the health crisis-driven economic downturn negatively affects customers’ abilities to pay for goods and services and vendors’ abilities to supply inventory. How the Pandemic Changed Capital Management.

Analytics 130

Analytics Company Innovation Capital 130

PYMNTS

NOVEMBER 22, 2016

23) that would “mirror” rules in place governing US banks and would serve to “ring fence” foreign bank capital, the Financial Times reported. Those provisions, said the site, would, if codified, mandate that banks would have to bolster capital positions, with liquidity enhanced as well, tied to their EU operations.

Capital 100

Capital US Operations Examples 100

PYMNTS

OCTOBER 8, 2020

“With a line of credit from Ripple, your financial institution can use XRP to complete instant, low-cost cross-border transfers,” the company said in its announcement. “We We allow you to lock in a rate at the time of the payment, then repay us when it’s convenient for you, for a small fee.”.

Capital 250

Capital blockchain Operations Payments 250

PYMNTS

JANUARY 18, 2021

If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange. Reuters added that the company declined to comment on its plans. Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S.

Fintech 198

Fintech US Groups Management 198

PYMNTS

JUNE 23, 2020

companies not turning a profit has reached an unfortunate historic high due to the coronavirus pandemic, the Financial Times reports. The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. The number of small U.S. The number is the highest since 2010’s 44 percent, the index says.

US 175

US Data Comparison Millennials 175

PYMNTS

NOVEMBER 24, 2019

GoExpedi , an eCommerce, supply chain and analytics startup, has raised $25 million in Series B funding led by Top Tier Capital Partners. CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and other current investors also participated in the round. managing director at Top Tier Capital Partners. “In

Capital 231

Capital United States Analytics America 231

PYMNTS

JULY 20, 2018

Tilray , the first cannabis company to conduct an initial public offering on a U.S. at the close of trading on Thursday (July 19), the company had a market value of nearly $2 billion. “It It is a validation for us and the entire sector that [cannabis] is a global opportunity,” Kennedy said. exchange, closed up 32 percent.

Company 144

Company Capital Taxes Industry 144

PYMNTS

AUGUST 12, 2019

. “This has been driven by a deterioration in the consumer credit environment since 2016, which affects smaller and younger companies,” the firm stated last week. “Entrepreneurs who have a good credit history are having success in securing capital in 2019.” ” Meanwhile, in the U.S., and the U.K.

Lending 144

Lending US Capital Data 144

PYMNTS

JANUARY 15, 2019

based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. million for the company, marking one of the biggest investment rounds for a FinTech company in Northern England. investors have placed new funds with U.K.-based Beringea, True Ventures and Route 66 provided $11.6

Security 143

Security US Payments Big Data 143

PYMNTS

JANUARY 29, 2019

The toy industry saw a dip in sales during its first holiday season without Toys R Us. But Lennett noted that the 2 percent decline was still a “solid performance,” considering that Toys R Us was estimated to account for 10 to 15 percent of all toy sales before it shut down all of its U.S. customers spent $21.6

US 109

US Groups Industry Capital 109

PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels.

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

AUGUST 24, 2018

Today, however, Andrew Mallinger, chief operating officer of merchant cash advance platform PIRS Capital , said that entrepreneurs are looking at the MCA in a new light. It’s cool for us, because we have a better choice of who we get to work with in terms of customers.

Capital 102

Capital US Lending Online 102

PYMNTS

JANUARY 6, 2020

The annual survey — a 2019 study that gives insights into small business performance in 2018 — polls companies with under 500 employees and is conducted by the 12 Federal Reserve Banks. According to the survey, while revenues grew for most, the percentage of firms operating at a profit remained unchanged from the previous year’s report.

Survey 130

Survey US Capital Lending 130