PYMNTS

DECEMBER 15, 2020

In another sign of the strength of initial public offerings (IPOs) right now, eCommerce site Wish has sold shares to investors at the top of its price range, the Financial Times (FT) reported. billion and gave it an implied market capitalization of $14 billion. This helped Wish raise $1.1 million sales a day.

Report 235

Report San Francisco Capital America 235

PYMNTS

DECEMBER 29, 2020

. — think Amazon , Starbucks , McDonald's and Walmart — are expected to get even bigger post-pandemic, while small- to medium-sized businesses (SMBs) fight for survival, the Financial Times (FT) reported Tuesday (Dec. While people hunkered down, companies providing digital delivery of essentials saw business soar. A record $2.5

Report 251

Report Branding Analysis America 251

PYMNTS

DECEMBER 18, 2020

This week showed investor interest in B2B FinTech companies in international markets, as a trade finance platform in India and a human resources (HR)/payroll cloud software firm in the U.K. The fundraising was headed up by Advent International via Advent Tech and Sunley House Capital, an Advent affiliate. landed funding rounds.

Capital 192

Capital Company Washington Resources 192

PYMNTS

AUGUST 23, 2019

million in venture capital. As reported by The Business Times , in Singapore, Tin Men Capital, a venture capital firm focused on B2B tech startups, led a $5 million Series A funding round to invest in RateIt. Ratelt operates as a real-time customer experience management platform, according to reports. ShopKirana.

Online 179

Online Metro Capital Customer Experience 179

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. India-based Xtracap secured $1 million in angel funding, YourStory reported. There was a nearly 20 percent drop in the number of deals solidified in the quarter, too.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

SEPTEMBER 8, 2017

This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. The funds will go toward customer outreach, reports said. The company raised $2.5

Capital 162

Capital Software Lending Online 162

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

AUGUST 3, 2020

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says. DayTek was just launched this year, in Queensland, according to the report.

Capital 154

Capital ATM Analytics Report 154

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.

Lending 134

Lending Capital Apple Operations 134

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 recent reports in the Wall Street Journal Monday (Dec. percent for its annual rates in the quarter that ended September.

Lending 131

Lending Online California New York 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. But online food delivery operations have more important things to worry about than drones and self-driving vehicles.

Online 176

Online San Francisco Capital Operations 176

PYMNTS

JULY 12, 2018

and Tata Capital has rolled out a new lending platform in India. In Italy, UBI Banca and SIA are providing a service that allows visitors at the Milan Bergamo Airport to pay for parking at two parking lots with their smartphones, according to reports. Tata Capital’s platform is developed in partnership with U.S.

Capital 100

Capital US Fintech America 100

PYMNTS

JULY 31, 2019

Clearbanc, a company that provides a funding alternative to traditional venture capital outfits, has raised another $50 million in an equity investment, according to a report. The latest funding round was led by Highland Capital with additional investments from Arcadia, iNovia and Emergence Capital.

Capital 115

Capital Meeting Company Online 115

PYMNTS

SEPTEMBER 22, 2020

Consumer packaged goods (CPG) – which just four years ago had only a 1 percent penetration rate online – are capturing the digital shift in a dramatic way during the pandemic. As the crisis pushed online grocery into exponential growth during the crisis, CPG companies are finally starting to sell and advertise online.

Company 140

Company Capital Resources Retail 140

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. As reported late last year , a U.S. The notion of scaling into the markets may indeed be gaining traction. For Walmart, FinTechs are in sight — but where to from here?

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

APRIL 18, 2019

The Federal Reserve has released new data on small businesses’ appetite for capital, and it appears that financing demand is on the rise. Compared to 2017 figures, small businesses have increased their demand for capital. Nearly one-third sought financing online in 2018, an increase from 24 percent in 2017.

Capital 109

Capital Survey Lending Online 109

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. Trackers and Reports.

Online 148

Online Payments Millennials Apple 148

PYMNTS

FEBRUARY 26, 2020

As Lowe’s homes in on growing online shopping and bringing in more professional contractors and homebuilders, the home improvement retailer registered mixed Q4 results. percent in premarket trading, CNBC reported. The company reported net income of $509 million or 66 cents per share for Q4, compared to a loss of $824 million, or $1.03

Online 130

Online Retail Capital Marketing 130

PYMNTS

JANUARY 14, 2019

PayPal appointed Allison Johnson , a marketing veteran with over two decades of experience in her field, as the company’s new executive VP and chief marketing officer (CMO) on Monday (Jan. She’ll work in the company headquarters in San Jose and will report directly to CEO Dan Schulman. 14), according to a release by the company.

Marketing 168

Marketing San Jose Leadership Branding 168

PYMNTS

DECEMBER 16, 2020

16) for the company's market debut, CNBC reported. Wish, founded in 2010 by former Google engineer Peter Szulczewski , has become known as a market for low- and middle-class shoppers, gaining it a reputation as an online dollar store, CNBC reported. For the first nine months of 2020, Wish reported $1.75

Capital 234

Capital Online America Google 234

PYMNTS

JULY 12, 2020

capital’s office market, has bought an office in London, Bloomberg reports. Derwent London is handling development, and the building will include office space likely to be used by Dorfman’s The Office Group , Bloomberg reported. million to make sure all systems were still online.

Marketing 168

Marketing America Capital Report 168

PYMNTS

SEPTEMBER 18, 2020

Next Insurance , the online insurance provider for small businesses, is negotiating a deal to raise new capital in a round that would value the FinTech startup at $2.25 Google’s parent company, is in talks to lead the $250 million funding round for the Palo Alto, California-based insurer, the news service reported.

Report 148

Report California Capital Policies 148

PYMNTS

MAY 12, 2020

Many companies are quickly pivoting their business models and adjusting services to maintain some of their revenues during the outbreak and prepare themselves for comebacks once the crisis ends,” according to the new report. Digital is supplying society’s needs now, helping us live well on lockdown. That’s just how it is now.

Report 131

Report Examples Payments Operations 131

PYMNTS

JULY 25, 2018

Invoice factoring company Interstate Capital is focusing on speed with its latest enhancements. The firm said this week it is offering an expedited factoring process to accelerate the time it takes for businesses to access capital when they’re waiting for their invoices to be paid. But competition in the industry is growing.

Capital 100

Capital Industry Groups Online 100

PYMNTS

JUNE 18, 2020

reported that net sales plunged by 44.7 and global markets resulting from COVID-19.”. It noted that an urgent need to raise capital does not currently exist but it “intends to evaluate assessing the financing markets and may look to raise capital, when and if the Company deems it prudent, to further strengthen its balance sheet.”.

Branding 141

Branding Report Guidelines Retail 141

PYMNTS

JUNE 19, 2020

. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement. FTV Capital recently announced that it has closed its sixth fund, and totaling $1.2 BizCapital.

America 182

America Fintech Capital Regional 182

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

FEBRUARY 23, 2020

Intuit is known for making online tax filing service TurboTax, which is used by millions of people. Intuit would gain a strong standing in the world of online personal finance by acquiring Credit Karma. The deal will push the bookkeeping software giant more into the realm of consumer finance, people familiar with the deal said.

Report 180

Report Taxes Online Financial Technology 180

Bank Innovation

JANUARY 23, 2019

Capital One Financial has reportedly acquired Walmart's card receivables, the bank's chairman and CEO, Richard Fairbank, said yesterday. Terms of the transaction were not disclosed.

Capital 170

Capital Cards Branding Report 170

PYMNTS

NOVEMBER 27, 2019

China’s Alibaba affiliate Ant Financial is drumming up $1 billion to fund startups in Southeast Asia and India, Bloomberg reported on Tuesday (Nov. Jack Ma’s FinTech firm has its eye on new companies in emerging markets that focus on payments and online financing, the source said, confirming a DealStreet Asia report. .

Capital 187

Capital Conference Report Fintech 187

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

FEBRUARY 26, 2019

Online lender Social Finance (SoFi) is launching two free exchange-traded funds (ETFs). Citing regulatory filings, Bloomberg reported that the funds — set to waive management charges for at least the first year — will focus on U.S. trillion market in U.S. ETFs, while The Vanguard Group, which charges $.40,

Online 116

Online Capital Marketing Branding 116

PYMNTS

MAY 22, 2020

A third tranche, perhaps its final one, is expected to close soon, Bloomberg reported. The report did not name the investors. A Missfresh spokesperson declined to confirm or deny the report. . Previously, Missfresh has raised $900 million thanks to investors like Jeneration Capital and Genesis Capital.

Online 209

Online Capital Survey Report 209

PYMNTS

AUGUST 1, 2018

Amid the race to reach $1 trillion in market capitalization, analysts are predicting that Amazon will win over Apple. The tech company’s stock rose up to 4 percent following better-than-expected revenue projections for the fourth quarter, Bloomberg reported. consumers shop online and more businesses use Amazon Web Services.

Apple 100

Apple Marketing Capital California 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. Reports in The Times of India said the AltFin player reached a deal to acquire the personal finance management app for $30 million in cash and stock.

Capital 100

Capital Lending US Management 100

PYMNTS

APRIL 7, 2017

LendingClub’s former CEO, Renaud Laplanche, who stepped down in May, sending shockwaves throughout the online lending industry, is gearing up to launch a new lender online called Upgrade. According to a report in Fortune , Upgrade of San Francisco, Calif., According to a report in Fortune , Upgrade of San Francisco, Calif.,

Online 100

Online San Francisco Utah Lending 100

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.

Online 100

Online New York Lending Regulation 100