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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? From May 1-6, the U.S. Tune in all week for live-streaming , beginning at 7:30 p.m.

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Postmates Raises $300M In Venture Funding; Gives Tiger Global Management Seat On Board

PYMNTS

“The transformation of how commerce moves in cities demands that we build the most innovative tools for businesses to keep up and distribute their products to the modern consumer, efficiently and cost effectively,” Postmates CEO and Co-Founder Bastian Lehmann said in a press release.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

professional sports leagues such as the National Basketball Association (NBA) and the National Football League (NFL). Last year, it closed a $1 billion venture capital round , according to news reports from Reuters. The Economics. Fanatics is hardly the only retailer to take advantage of pop-up stores.

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Bringing Dollars And Cents To La La Land

PYMNTS

One firm, Exactuals , based in Los Angeles, offers a Software-as-a-Service model for payments and just announced this week that it garnered $10 million in Series A funding. As reported in a release by the company, funding came from a series of investors, led by City National and TTV Capital. .

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This Time, We Want You To Drink The Kool-Aid

PYMNTS

And so, in celebration of national Kool-Aid day – which was technically yesterday, but is being celebrated throughout the weekend (more on that in a second) – we come not to bury Kool-Aid, but to praise it. Whether it’s FI’s fascination with bitcoin three years ago – which, by the way, continues with the recent news of Coinbase’s $1.6

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CFPB announces new appointments to advisory groups

CFPB Monitor

Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Lisa Servon, Professor, The New School, New York University, New York, NY. Raul Vazquez, Chief Executive Officer, Oportun, Redwood City, CA.