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Mobile Health Benefit Platform Accolade Seeks IPO, Has $620M Valuation

PYMNTS

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. Lead book-running managers for the IPO included Goldman Sachs, Morgan Stanley and BofA Securities. 28), according to reports. .

Mobile 165
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Banks Bring Coffee Shops To New Branches

PYMNTS

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

Chicago 120
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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

Retail 116
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Saving Main Street: Cities Pick Up The Recovery Role

PYMNTS

While they will lack the sheer financial clout of federal assistance, they are starting to offer strategies beyond capital infusions that will assist in restarting small business when the crisis passes. Boulder, Colorado has been working on strategies to help downtown retailers since before the coronavirus crisis.

Maine 141
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Today In Payments: Amazon One Lets Consumers Pay By Hand; Stripe Heads $12M Funding Round For PayMongo

PYMNTS

The feature is currently only available at two Amazon Go stores in Seattle, but the eCommerce giant plans to expand it to its other checkout-free stores. Fifty percent of businesses say manual processes, sluggish payments and high operating costs have made managing accounts receivable departments nerve-wracking over the last six months.

Payments 148
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Starbucks Invests $100M In New Valor Fund Focused On Food Startups

PYMNTS

Starbucks announced Wednesday (March 20) it is investing $100 million in the new Valor Siren Ventures fund, which aims to invest in the next generation of food and retail startup tech companies. The company launched its first store in Seattle in the 1970s.

Seattle 122
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INV Opens Demo Day to FI Attendees at Bank Innovation Ignite

Bank Innovation

Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle. INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite.