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SoftBank Announces $100M Fund For Minority-Led Startups

PYMNTS

In a widely-reported letter to employees, Marcelo Claure , SoftBank’s chief operating officer, noted that the new Opportunity Growth Fund “will be the biggest fund providing capital to black Americans and people of color.”. “This is our opportunity to remove those barriers for a new generation of founders.” ”

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Sezzle Names Former PayPal Exec To Lead Sales

PYMNTS

Sezzle , the Minneapolis-based installment-based payments platform, has announced the appointment of Reid Bork to its leadership team. Bork will spearhead Sezzle’s enterprise business development efforts, as the company focuses on client acquisition following its recent capital raise.

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FICO Named America's Best Mid-Sized Employer by Forbes Magazine

FICO

We’re very proud of our colleagues for the spirit of ownership and innovation that has allowed FICO to achieve this honor. Richard Deal Richard Deal leads FICO’s Human Resources function focused on attracting, engaging, developing and deploying talent through innovative human capital management strategies.

America 98
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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

Then there was the dependency on shipping, and warehouses, and related reliability issues — and the mall owner who took the time and capital to drive foot traffic. So far, it looks like Walmart could steal a few pages from its Minneapolis-based neighbor. They also required a supply chain that included factories in faraway countries.

Retail 295
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Building A DTC Men’s Personal Care Brand With eCommerce

PYMNTS

To provide men’s personal care items that feel like premium brands at accessible price points, eCommerce innovators are building product lines through the direct-to-consumer (DTC) model. When it comes to funding, the company recently closed a $1 million seed capital round. It ultimately settled on crushed bamboo.)

Branding 163
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Best Buy’s Board Loses Former CEO

PYMNTS

In his place, corporate venture capital leader Claudia Fan Munce assumed his seat on the board as of Monday, though Anderson will remain with the retailer until its yearly shareholder conference in June. “I Paul Business Journal explained. “It

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Banking On Consumer-Centric Strategies To Spur Virtual Card Adoption

PYMNTS

Bank — Jennifer Swenson, vice president of corporate payment systems, and Adam Kruis, senior vice president and manager of working capital consulting — addressed some of these concerns in a recent interview with PYMNTS. Minneapolis-based U.S. However, rolling out virtual cards in AP departments does have some challenges.

Cards 130