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This Week In Retail: Funding, Finance And Tech

PYMNTS

This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. Moving into lending news, U.K.-based

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Ant Financial Acquires Minority Stake In Klarna

PYMNTS

Other investors include venture capital firm Sequoia Capital and Australia’s biggest bank, Commonwealth Bank of Australia. Ant Financial is China’s biggest firm in the $27 trillion Chinese payments market and is expanding into consumer lending. Klarna added over 75,000 new merchants last year.

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

PYMNTS

SMB Working Capital. Amex threw its hat into the online lending ring earlier this week when it announced that it will launch a program later this year that will extend lines of credit from as little as $1K to as much as $750K for qualified SMB borrowers. Investor Confidence In Marketplace Lending. Next time, guys? Woot, woot!

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SoftBank, Paytm To Launch Digital Payment Service In Japan

PYMNTS

It also has to contend with competition from PayPal, Ant Financial and Tencent, as well as Apple and Samsung Electronics. The idea is to expand into financial services, including lending and insurance, within the payment platform. which will bring the value of the online retailer to around $1.9

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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. Amarillo National Bank (ANB) in Amarillo, Texas, plans to open its first full-service retail branch in the home of the Alamo this year, but the $7.6-billion Consumer mortgage and installment lending are in the mix as well.

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26 Unicorn Companies That Exited In 2018

CB Insights

China Development Bank Capital, Coatue Management, Hillhouse Capital Management, IDG Capital, Temasek Holdings, Tencent Holdings, Tiger Global Management. Select Investors : Credit Suisse, Deutsche Bank, DST Global, GGV Capital, Goldman Sachs, IDG Capital, J.P. Salesforce Ventures, Sequoia Capital, Y Combinator.

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Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle

PYMNTS

Try being Samsung this past week, which had both a sizzle and a fizzle. The private equity firms that have backed the latest capital infusion are ones that are known for doing so as their investees get ready to go public. The Capital One data showed that such stepped-up activity will not occur in the next six to 12 months.

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