PYMNTS

DECEMBER 7, 2020

With the holiday shopping season in full swing amid the global pandemic, online commerce is booming. Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues.

Capital 356

Capital Online Tools Lending 356

PYMNTS

MAY 9, 2019

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Reuters is reporting that this totals eight total licenses handed out by the government.

Online 171

Online Capital Regulation Fintech 171

PYMNTS

JANUARY 13, 2021

Since its beginnings nine years ago, Auto1 has expanded into 30 European markets and has traded more than two million cars. In July, Auto1 raised $300 million in funding in a round led by Farallon Capital Management and the Baupost Group. Revenue grew by 21 percent to reach 3.5 billion euros in 2019.

Online 131

Online Groups Branding Marketing 131

PYMNTS

JANUARY 11, 2019

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Meanwhile, the eCommerce operator and logistics heavyweight continues investing in its delivery fleet.

Online 176

Online San Francisco Capital Operations 176

PYMNTS

APRIL 25, 2019

PayPal ’s venture capital arm has invested $11 million in online returns service Happy Returns. “Happy Returns is building a network of physical return locations called Return Bars to enable in-person returns from online shoppers.”

Online 164

Online America Capital US 164

PYMNTS

SEPTEMBER 14, 2018

How do consumers really want to search online ? That’s a question with obvious relevance to payment and commerce operators. DuckDuckGo does not track consumers’ browsing histories, nor does it sell consumer data to third parties for the purposes of ad targeting and precision marketing. The pitch comes down to privacy.

Online 148

Online social media Google Data 148

PYMNTS

JULY 25, 2018

When eBay announced that it would be accepting Apple Pay , it wasn’t the only new development for the online marketplace. Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes.

Lending 134

Lending Capital Apple Operations 134

PYMNTS

APRIL 30, 2020

The startup Flutterwave , which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set up online shops. The company told TechCrunch that its newly launched product, called Flutterwave Store, is not a shift away from the company’s core online payments business.

Online 141

Online San Francisco Payments Capital 141

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. The world needs a FinTech operating system.”. The world doesn’t need another bank,” Poovala told Webster.

System 258

System Operations Fintech Taxes 258

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. About The Tracker.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

NOVEMBER 18, 2020

The health crisis has forced some eateries to close entirely, while others must operate at reduced capacities depending on state and local restrictions. The November Mobile Order-Ahead Tracker® explores the impact of AI and how eateries are using the technology to ease their operations, personalize customer offers and fight fraud.

Boston 186

Boston Fraud Marketing Mobile 186

PYMNTS

DECEMBER 30, 2019

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business (SMB) loans despite economic growth in the U.S. But the majority of online SMB lenders do not disclose publicly their fees and interest rates, reports warned.

Lending 131

Lending Online California New York 131

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. House committee began reviewing the idea of allowing non-bank companies — Amazon and Facebook among them — to receive charters to operate as banks.

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

JULY 27, 2020

Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive ’s announcement that it will be going public. The blank check operation that will take Rush Street Interactive public fits the profile.

Online 142

Online Indiana New Jersey Colorado 142

PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. fund Lone Pine Capital reached a preliminary deal to buy around 50 million euros of Auto1 stock from DN Capital , an early investor.

Capital 234

Capital Groups Branding Online 234

PYMNTS

JANUARY 27, 2020

Entrepreneurs today have more choices than ever before as to how and where they access financing, but in many ways, that journey to capital hasn’t gotten any easier. According to Nav ’s newly-appointed CEO Greg Ott , the current market sees an estimated $4 trillion in SMB debt origination each year.

Lending 157

Lending Online Capital Data 157

PYMNTS

OCTOBER 6, 2019

million investment round led by Lead Edge Capital, with participation from Global Founders Capital and other investors. million, with investors also including Sugar Mountain Capital, Fire & Vine Hospitality and Canlis Restaurant. Barn2Door has revealed that it raised a $3.4

Online 116

Online Software Capital Trends 116

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. The company launched in 2019 and had a seed round then for $2.7

Payments 300

Payments Capital Online Meeting 300

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. million from Alteria Capital. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5

Marketing 109

Marketing Capital San Francisco Management 109

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis.

Capital 298

Capital Regional United States Meeting 298

PYMNTS

SEPTEMBER 30, 2020

We believe demand by small businesses seeking access to unsecured capital will be at unprecedented levels because most businesses have already accessed the government-backed business loan programs in the U.K. and Australia market,” said Goldin in the release. Capify is an online alternative lender that serves SMBs in the U.K.

Fintech 210

Fintech New York Capital Lending 210

PYMNTS

OCTOBER 25, 2019

billion in new funding, expanding to new markets and getting into new areas — most recently, coworking spaces. Now, the fast-growing operation is tapping into one of the growing trends in payments and commerce by offering online financing for its many partners. market share as this new decade looms. properties.

Online 100

Online US Trends Operations 100

Perficient

DECEMBER 14, 2020

The COVID-19 pandemic has challenged the economic and labor markets, impacting all businesses regardless of their size. If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind. The Public Cloud Market Will Surge. Cloud-Native Technology Will Power Digital Transformations.

Technology 348

Technology Trends Software Resources 348

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M. Superintendent Maria T.

Online 100

Online New York Lending Regulation 100

PYMNTS

AUGUST 22, 2018

Alternative small business lending firm Capital Float appears to be deepening its footprint in the personal finance market through the acquisition of Walnut. At present, only about a quarter of Capital Float’s business stems from consumer finance, with the rest coming from small business lending operations.

Capital 100

Capital Lending US Management 100

PYMNTS

JUNE 29, 2020

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. Arison said the move was about adding capital to scale the company. Securing that capital is even more complicated than the IAC merger.

San Francisco 245

San Francisco Metro Online Capital 245

PYMNTS

FEBRUARY 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties.

Online 108

Online Mississippi New Jersey Boston 108

PYMNTS

OCTOBER 13, 2019

The new funding was led by Qiming Venture Partners, Bertelsmann, IDG Capital “and other Fortune 500 companies from the U.S. The online retailer sells fashion, beauty, electronic accessories and lifestyle products and is headquartered in Hangzhou, Zhejiang, China. . percent share of the market, while Kaola had about 24.5

Online 145

Online Retail Analytics Industry 145

PYMNTS

JANUARY 10, 2020

58 Home is reportedly one of the country’s leaders in enabling consumers to find services online ranging from house cleaning to flower delivery. It is competing for market share against rivals that have more resources, including some businesses operated by Alibaba Group Holding Ltd. The company is owned by 58.com

Online 130

Online United States New York Resources 130

PYMNTS

NOVEMBER 20, 2020

Chromo Capital co-led the deal. Also participating were Perry Capital, founded by Richard C. Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

DECEMBER 19, 2018

For small- and medium-sized businesses (SMBs) in need of capital, bank loans are undoubtedly the first place they look. Alternative finance players, including online loan marketplaces and crowdfunding portals, are also gaining traction, while friends and family still remain a popular source for SMB owners, too.

Marketing 134

Marketing Capital Security Trends 134

PYMNTS

OCTOBER 4, 2016

Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. The company doesn’t operate the secondary market itself but outsources to FOLIOfn, which is operated and maintained by FOLIOfn Investments, which is a registered broker dealer.

Marketing 170

Marketing Lending Operations Financial Technology 170

PYMNTS

AUGUST 24, 2018

While data from the Federal Reserve shows small and large banks still tower over online lending platforms when it comes to small businesses that seek financing, the Fed has recorded a steady climb in the percentage of entrepreneurs who turn to an alternative lender first.

Capital 102

Capital US Lending Online 102

PYMNTS

OCTOBER 4, 2020

2) for DPCM Capital Inc. , Harris said SPACs have gone from 3 percent to 20 percent of the market during the recent rush in cases. There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. Emil Michael filed an S-1 prospectus on Friday (Oct.

Google 257

Google San Francisco Capital Millennials 257

PYMNTS

OCTOBER 22, 2020

I don’t think the second wave of EMV 3DS will be as bumpy, because it doesn’t require the significant investment and the capital required to change out all the equipment,” McCutcheon said. players will start readying their operations today for a switch in liability that’s almost certainly coming down the pike tomorrow. 3DS is software.

Fraud 221

Fraud Online Security Cards 221

PYMNTS

MAY 13, 2016

Capital Float , an India-based FinTech startup aimed at helping SMBs gain access to loans, announced on Thursday (May 12) that it closed a $25 million Series B funding round. We have a partnership with Alibaba and are also partnering with Industrybuying, Tolexo, amongst others,” Capital Float Cofounder Sashank Rishyasringa explained.

Lending 100

Lending Online Capital Fintech 100

PYMNTS

MARCH 27, 2017

Online styling company Stitch Fix is in preliminary discussions with bankers regarding an initial public offering, according to Fortune. The company has become a force in the eCommerce market, going after competitors with gusto. And Keaton Row, an online styling service similar to Stitch Fix, shut down its operations this week.

Online 100

Online Company Capital Analytics 100