PYMNTS
DECEMBER 6, 2019
Vroom , an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the company. Durable Capital Partners led the round, and T. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products.
Bank Innovation
APRIL 19, 2019
The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase.
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PYMNTS
JANUARY 16, 2020
For instance, online marketplace and auction site eBay has released eBay Motors, a new app that uses AI to list a car in under five minutes, according to a report by The Verge. The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest.
PYMNTS
SEPTEMBER 14, 2020
As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. The six targeted cities – Detroit, Dallas, New York, Denver, San Diego and Phoenix – were to be part of an investment of over $1.4 14) that it is hiring for 100,000 new regular positions across the U.S.
PYMNTS
AUGUST 20, 2020
Chicago, Cincinnati, Milwaukee, Detroit and Indianapolis customers can order from Meijer and Fresh Thyme. DoorDash’s on-demand grocery service is a nice addition to our online shopping options, and with delivery in under an hour, we know Smart & Final customers are going to appreciate it.”.
PYMNTS
MARCH 14, 2017
The company provides online banking platforms with small business solutions to help FIs better service their SMB clients. The new funding also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, the company said, adding that the round follows its self-funded $2 million in seed financing. “We
PYMNTS
JUNE 17, 2016
One such case is that of the Detroit-based Lakeside Mall that has defaulted on a $144 million loan payment. The advent of online shopping is kind of accelerating the separation of winners and losers.”. In 2006 or 2007, everything was beautiful,” said RBC Capital Analyst Rich Moore. mall owner, General Growth Properties Inc.
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