PYMNTS

SEPTEMBER 1, 2020

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Boxed, based in New York, offers sales of fresh groceries, office supplies and more. Boxed, formed in 2013, has raised $240 million from investors, including American Express and GGV Capital. Boxed , the U.S.

Online 205

Online New York Millennials Maine 205

PYMNTS

JULY 31, 2019

One of Italy’s most well-known banks, UniCredit, said that it was going to start its own probe into the Capital One data breach, according to Reuters. . “On On July 30, UniCredit became aware that its name has been mentioned in relation to the Capital One issue,” the bank said in a statement on Wednesday (July 31). Reuters reported.

Capital 115

Capital Data Seattle Connecticut 115

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. Superintendent Maria T.

Online 100

Online New York Lending Regulation 100

PYMNTS

JUNE 1, 2020

Bloomberg News reported NEOU , the New York-based live streaming and on-demand platform for trainers, has raised $5 million in capital from investors including Ares Management Corp., The round valued the company at about $40 million, NEOU CEO Nathan Forster told the news service.

Online 130

Online Los Angeles New York social media 130

PYMNTS

AUGUST 10, 2020

IAC , the New York-based global media and internet giant, is betting that an investment of $1 billion in MGM Resorts International will pay off in online gambling, according to a press release. IAC has always been opportunistic with its capital, and if ever there was a time, this moment is unique,” they wrote. “We

Online 146

Online New York Groups Report 146

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

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 new, publicly-traded Rush Street Interactive will have a value of nearly $1.8

Online 142

Online Indiana New Jersey Colorado 142

BankInovation

NOVEMBER 12, 2021

Shifting consumer behavior toward more online transacting and financial services — and rising online fraud — are among the drivers behind the rapid growth of automated identity verification technology provider Socure, which this week closed a $450 million series E funding round. The New York-based fintech has raised a total of $649.6

Online 98

Online New York Fraud Fintech 98

PYMNTS

JANUARY 18, 2017

Letgo , the online used goods marketplace, secured $175 million in funding. Billing itself as a “hyperlocal marketplace optimized specifically for mobile use,” letgo’s app has geolocation-based search and instant chat, which the company says links buyers and sellers instantly.

Capital 100

Capital Online New York Google 100

Bank Innovation

JUNE 4, 2019

Online payments giant PayPal is a strategic investor in Stockholm-based open banking platform Tink, the companies announced today. million) Series D funding round, led by New York-based venture capital firm Insight […]. A spokesperson for Tink told Bank Innovation that PayPal's €10 million ($11.2

New York 170

New York Capital Innovation Online 170

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. Capify is an online alternative lender that serves SMBs in the U.K. and Australia market,” said Goldin in the release. “We

Fintech 210

Fintech New York Capital Lending 210

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. The business is looking for funds to back an expansion into the competitive online services space in China. com increased 2 percent in New York, per the report. . Shares of 58.com

Online 130

Online United States New York Resources 130

PYMNTS

JUNE 2, 2016

Venture capital investment is the lifeblood of startups, but reports by The New York Times released on Wednesday (June 1) put a spotlight on a different breed of entrepreneurs that shy away from taking investor funds. According to the publication, some startups are beginning to see the value in not accepting venture capital.

Capital 100

Capital New York Report Trends 100

PYMNTS

JANUARY 22, 2021

Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser. That round was led by Tencent Holdings and joined by Tiantu Capital, Susquehanna International Group (SIG) and Kuaishou.

Nevada 180

Nevada Capital New York Groups 180

PYMNTS

DECEMBER 4, 2019

With its perfume that has a cult-like following, Glossier is opening temporary shops in seven Nordstrom locations, with the inclusion of the retailer’s New York flagship. A Nordstrom partnership should help Glossier reach more shoppers who don’t reside close to its Los Angeles and New York stores, per the report.

Los Angeles 131

Los Angeles New York Miami Austin 131

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 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

AUGUST 7, 2019

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles.

Online 112

Online Retail Trends New York 112

CFPB Monitor

MAY 2, 2022

Under New York and California law (which produced the same outcome), to form a contract the parties must manifest their mutual assent to the contract terms, and may do so through conduct. As it did in earlier rulings, the court distinguished between “clickwrap” and “browsewrap” online agreements.

Online 78

Online New York California Analysis 78

BankInovation

NOVEMBER 29, 2021

billion venture focused on cryptocurrency-related investments and has hired Sam Peurifoy — an ex-Goldman Sachs analyst known for his online gaming persona “Das Kapitalist” — to lead a dedicated “play-to-earn” strategy. The New York-based investment firm, named Hivemind Capital Partners, has received “a decent amount […].

New York 94

New York cryptocurrency Strategy Capital 94

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.” State Regulations. dollars.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. Female Innovators Lab is a New York program run by the Anthemis Group and Barclays that champions female FinTech founders. Companies that did get funding received only 0.9

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

OCTOBER 2, 2020

Blue Star Capital, Pioneer Media Holdings and Toro Consulting are the major shareholders. In 2019, more than 440 million viewers watched people play games online. Listing on the LSE is expected to “raise the public profile and provide new funds for the company’s expansion and long-term growth,” Guild said.

New York 140

New York Miami Online Analytics 140

PYMNTS

SEPTEMBER 5, 2019

One of the latest, ongoing trends is the rise of online luxury resale commerce. The company has raised a total of $288 million in funding from venture capital and private equity backers, including Great Hill Partners, Greycroft, PWP Growth Equity, Sandbridge Capital, Industry Ventures and Canaan. Indeed, in its recent U.S.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

JANUARY 20, 2021

Mynt's funding round this month was led by Bow Wave Capital Management, a new investor. Nikkei Asia said New York-based Bow Wave got a 14 percent stake in Mynt, putting the valuation just short of $1 billion. Nikkei said that “Bow Wave is mandated to invest in online payment companies backed by Alibaba.”.

Fintech 220

Fintech New York Groups Capital 220

PYMNTS

DECEMBER 13, 2019

Venture capital (VC) is far from the only funding source for B2B FinTechs. Despite a growing array of options, venture capital remains a solid funding source for B2B FinTechs, with this week’s roundup accumulating $104.4 The solution provides a short-term working capital solution by financing unpaid invoices at a discount.

New York 130

New York Capital Fintech Leadership 130

PYMNTS

NOVEMBER 4, 2019

As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay open for at least another year in a smaller form. Its warehouse stores are located in Central Valley, New York and Livermore, California.

Los Angeles 101

Los Angeles New York San Francisco New York City 101

Bank Innovation

SEPTEMBER 6, 2019

As banks increasingly take transactions to digital channels, the process to acquire customers also is shifting online thanks to technology that matches product offers to customers based on data. This week, the New York-based company confirmed a $25 […].

New York 170

New York Online Data Technology 170

PYMNTS

MAY 25, 2016

So far, banks have funded a few billion in online loans through such credit lines, and now, lenders are hoping to avoid the same kind of troubles that rocketed through the industry when mortgage lending had its historic course correction a little under a decade ago. “That is a problem for banks.”

Lending 100

Lending Online Capital New York 100

PYMNTS

SEPTEMBER 12, 2019

New York-based digital home buying company Prevu, which identifies itself as a customer service-oriented platform, has closed a $2 million seed funding round, according to a release by the company. Corigin Ventures led the round, with Kairos and the AVG Basecamp Fund contributing.

Online 100

Online New York Tools Industry 100

PYMNTS

MAY 3, 2017

Morty, the New York-based mortgage startup, has raised $3 million in venture funding, which it will use to make its new mortgage marketplace available to the masses. Morty isn’t the only one trying to get into the online mortgage market. Morty, reported TechCrunch, is launching with 10 lenders in 10 markets in the U.S.

North Carolina 100

North Carolina Online Tennessee Minnesota 100

PYMNTS

JANUARY 29, 2020

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

Lending 136

Lending New York Online New Jersey 136

PYMNTS

NOVEMBER 30, 2020

HungryPanda is an online food delivery platform that serves the restaurant business. The new financing, a Series C round, is aimed at “accelerating” the growth of the company, building up its technological base and offering new products, per the release. and the U.S. HungryPanda serves Asian restaurants in those countries.

New York 141

New York Capital Meeting Technology 141

PYMNTS

MAY 3, 2019

Co-Founder and CEO Eran Shust told PYMNTS in an interview that the aim is to bring more options to the table and enable travelers to “choose something not out of the specific package[s] that most of the OTAs [online travel agencies] are offering.”. Travelers visit the company’s website and search for a destination, such as New York.

Online 100

Online Innovation New York Marketing 100

PYMNTS

NOVEMBER 11, 2020

Chipotle Mexican Grill is capitalizing on the surge in online demand and opening its first digital-only restaurant in Highland Falls, New York, just outside the gates of West Point military academy. Chipotle Digital Kitchen will start taking online orders for pickup or delivery on Saturday (Nov.

Denver 218

Denver Colorado New York Training 218

PYMNTS

MARCH 15, 2016

It turns out those funds were stolen from Bangladesh’s account at the New York Fed through the use of official government codes. The details of the breach that have been reported indicate that $81 million was taken from the New York Fed and stashed into a Philippines personal bank account.

New York 50

New York Course System Security 50

PYMNTS

FEBRUARY 20, 2020

Online food delivery company HungryPanda has raised $20 million in a funding round led by Antoine Nussanbaum from Felix Capital and Laurel Bowden from 83North, according to a release. including New York, where our order volume is almost four times more than the closest competitor.”. HungryPanda was founded in the U.K.

Capital 141

Capital User Experience New York America 141

Bank Innovation

MAY 24, 2016

SigFig netted $40 million overall from Comerica, Eaton Vance, New York Life, UBS and venture capital Read More. Santander InnoVentures, the fintech venture arm of Santander Group, together with nine other major FIs and investors, today announced its investment in robo-adviser SigFig.

New York 199

New York Capital Groups Fintech 199