Remove Capital Remove Lending Remove Marketing Remove Samsung
article thumbnail

Financial Services Platform SoFi Plans IPO Via SPAC

PYMNTS

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. Social Capital Hedosophia is one of three special-purpose acquisition companies (SPACs) on the lookout for investment opportunities. V to file an initial public offering (IPO). . billion in cash proceeds.

Samsung 183
article thumbnail

Ant Financial Acquires Minority Stake In Klarna

PYMNTS

Klarna, Europe’s most valuable FinTech, was founded in 2005 and has financial backers that include the rapper Snoop Dogg, who is also part of the company’s marketing. Other investors include venture capital firm Sequoia Capital and Australia’s biggest bank, Commonwealth Bank of Australia. billion.

Samsung 160
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Swift Prepaid, Bitty Pair Up For Virtual Merchant Cash Advances

PYMNTS

The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay. “New and growing small businesses often need fast access to capital that supports basic needs like inventory purchases, payroll and marketing,” said Edward Siegel, CEO of Bitty Advance, in a statement.

Samsung 162
article thumbnail

Sizzle Or Fizzle: Walmart Pays Pays Off, Marketplace Lending Falls Off

PYMNTS

Walmart Pay comes to market with a few built-in advantages: it leverages the Walmart.com app, which is used by 20M+ people roaming around their stores each month, it works on every sort of smartphone out there, and they control the POS in all of their stores, just like Starbucks does. SMB Working Capital. Next time, guys? Woot, woot!

Lending 101
article thumbnail

SoftBank, Paytm To Launch Digital Payment Service In Japan

PYMNTS

Bloomberg pointed to Line , Japan’s largest instant messaging service, and the flea market app Mercari as two companies expanding into digital payments. It also has to contend with competition from PayPal, Ant Financial and Tencent, as well as Apple and Samsung Electronics.

Payments 100
article thumbnail

Community banks are thriving in Texas

Independent Banker

Samsung plans to build a $17 billion chip plant in town about 30 miles away from its existing facility in Austin. There’s really not a lot we can’t do,” says Travis Edlund, senior vice president and regional manager of the San Antonio market for Amarillo National Bank. Consumer mortgage and installment lending are in the mix as well.

Texas 182
article thumbnail

Warehouse Robots, AltFin And Cybersecurity Top B2B Funding

PYMNTS

million from Iris Capital, while existing backers 360 Capital Partners and Breega also participated. FreightWaves has developed an analytics platform and freight futures market to link industry players with supply and demand indicators. Based in France, Exotic Solutions provides warehouse services with its robotics technology.

Analytics 100