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How Digital Innovators Capitalize On Subscription Businesses

PYMNTS

Some providers are capitalizing on the concept by launching new services that offer access to premium content such as newspapers and magazines in exchange for a monthly fee. It would now include some 300 magazines — not only newspapers — for a monthly fee of just under $10 at $9.99. Each box contains eight to 12 products.

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SMB-Focused Lender Judo Bank Attains Unicorn Status

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Australia’s Judo Bank has attained unicorn status, according to FinTech Magazine , meaning it has achieved a valuation of at least $1 billion. Judo Bank, a challenger bank, received $148 million in a Series C funding round from investors, including existing backers like Ironbridge Capital and Bain Capital.

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SoftBank Ventures Asia Notches $270M To Fund Startups

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The Seoul venture capital division of Japanese multinational holding company SoftBank has raised $270 million, or 317 billion won. SoftBank was originally founded in 1981 to publish computer and technology magazines , among other endeavors. Investors include South Korea’s National Pension Service.

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Digitization Has Yet To Prove Its Worth For Banks’ Trade Finance Operations

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As covered by Global Trade Magazine in reports in Monday (June 11), the ICC’s 2018 “ Global Trade: Securing Future Growth ” report included a survey of 251 global banks — 8 percent of those respondents provide 90 percent of the world’s trade finance value. Digitalization will make trade more inclusive.

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Amazon Acquires Startup Graphiq To Help Improve Alexa

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The company later introduced features to tailor comparisons around individual preferences, as well as launched websites and apps focused on specific topics — like technology, genealogy, real estate and government data — which draw millions of monthly readers. Montgomery & Co. and Silicon Valley Bank also provided funding.

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AdoreMe: Giving Lingerie A High Tech Touch

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Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. We’re focused on capital efficiency,” he noted. “We

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Wall Street’s Pullback Shows Hot IPOs’ Inherent Risks

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True, the Renaissance Capital IPO ETF — comprised of some 60 of the past two years’ largest IPOs — is up some 60 percent year to date, CNBC reported. Renaissance Capital Co-Founder Kathleen Smith told CNBC that 70 percent of Wall Street’s recent IPOs are currently trading above their IPO price. Thursday’s steep U.S.

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