CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

South State Correspondent

FEBRUARY 20, 2023

There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. Further, the competition is not just another bank that might make a loan or take a deposit, but it could be a credit union, insurance company, retail store, or a fintech. The same picture emerges for domestic deposits.

National 195

National Lending How To Community Bank 195

PYMNTS

AUGUST 23, 2017

Cloud-based software firm Tulip Retail , which provides a mobile app suite for store associates in retail settings, has raised $40 million in its latest funding round. The round was led by American venture capital firm Kleiner Perkins Caufield & Byers.

Retail 101

Retail Software Mobile Online 101

PYMNTS

NOVEMBER 1, 2020

Amazon is suspending advertising related to pre-Black Friday campaigns in France after coming under fire from at least one government official who said it was unfair for the online giant to flex its digital retail muscle just as a new pandemic shutdown forces small shops and restaurants to close, Reuters reported.

Retail 206

Retail Regional Policies Operations 206

PYMNTS

MARCH 20, 2018

As sad as the end of Toys R Us may be, the iconic toy store is far from the only retailer struggling these days — and it’s not the only one throwing in the towel this week. The beloved, bankrupt retailer has announced the cancellation of all in-store events, such as its annual Easter Egg Hunt and Geoffrey the Giraffe birthday parties.

Retail 142

Retail US Regional Florida 142

PYMNTS

SEPTEMBER 29, 2020

is in talks for as much as a $25 billion stake in a Mumbai, India conglomerate that is planning to launch a “ super app ” designed to offer a mega selection of retail products, sources told Mint. In May, Tata Capital, a division of Tata Group, introduced a mobile app that promised a better user experience for getting loans.

Groups 199

Groups User Experience Capital Retail 199

PYMNTS

MAY 2, 2017

For small businesses, expansion is key, and expansion needs capital. The company has said that it is the first bank in Puerto Rico to offer digital services, ranging from business credit cards to working capital loans to SBA loans.

Puerto Rico 118

Puerto Rico Lending Online United States 118

PYMNTS

JUNE 25, 2019

When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. billion worth of capital coming from the likes of SoftBank, Sequoia Capital, Lightspeed Venture Partners and Airbnb Inc.

Online 100

Online Retail Capital Marketing 100

PYMNTS

SEPTEMBER 29, 2020

And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region. trillion globally, according to Shoihet.

United States 286

United States Regional America Trends 286

PYMNTS

APRIL 7, 2017

Flow, a startup that helps companies sell their products around the globe, has raised fresh funding from Forerunner Ventures and Fung Capital. According to a report in TechCrunch profiling the startup, Flow created a platform that helps brands and retailers sell their products in multiple regions and geographies.

Regional 100

Regional Capital Branding Taxes 100

PYMNTS

JANUARY 7, 2020

Singapore’s FinTech firm ADVANCE.AI , Hong Kong’s financial services company Sheng Ye Capital and Singapore’s firm Phillip Capital are the most recent in a series of contenders for critical business permits in Singapore. Their holders can take deposits from retail customers, but must have $1.5

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

JANUARY 7, 2019

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. It currently operates more than 550 stores in the region. “We Freeman, senior managing director at GlassRatner Advisory & Capital Group, said at the time.

US 149

US United States Regional Operations 149

PYMNTS

JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors. ”

America 248

America Regional Fraud Mobile 248

PYMNTS

SEPTEMBER 14, 2020

As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. The positions offer a beginning hourly wage of at least $15 per hour, and the eCommerce retailer is providing sign-on bonuses of as much as $1,000 to new hires in some cities, according to the announcement. and Canada this year.

Operations 141

Operations San Diego Detroit Phoenix 141

PYMNTS

JULY 15, 2020

But a new eCommerce platform coming out of the Alibaba Group in Southeast Asia is bringing a unique business model to malls in that region, one that could provide a blueprint for struggling U.S. The platform to bring malls online — or create a virtual mall — is being led by an Alibaba-owned company called Lazada. shopping destinations.

Groups 153

Groups Branding Retail Taxes 153

PYMNTS

OCTOBER 21, 2019

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” Another one seems ready to bite the dust. The company owns 458 stores in the U.S.,

Trends 101

Trends Retail social media Online 101

PYMNTS

AUGUST 31, 2020

Pre-owned online shopping firm Fashionphile has raised $38.5 The company noted that its retail collaboration with Neiman Marcus has connected the primary and secondary market via its reCommerce system, authentication technology and proprietary pricing formula. million in NewSpring Growth-led Series B funding. and other countries.

System 142

System California Regional Technology 142

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. based Steadview Capital, adding to the previous Series A round announced in April.

Capital 128

Capital Lending California Regional 128

PYMNTS

OCTOBER 30, 2020

Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. Bain Capital Ventures’ partner Matt Harris told PYMNTS that 2020 marked the tipping point for commercial payments. “I PYMNTS explores why making sense of data privacy trends amid COVID-19 is key to the survival of retailers. Trackers And Reports . In the U.S.,

Technology 161

Technology Apple Payments Capital 161

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

MARCH 24, 2020

Nowhere is the pain being felt more acutely than in China, where the coronavirus first took root and spread, where businesses and supply chains went dark, and where hundreds of millions of consumers, as well as businesses and their workers, stayed in their homes — into, and then through, the Lunar New Year, a key season for retail.

Retail 196

Retail Online Regional Course 196

PYMNTS

MAY 4, 2020

Consumers are buying anything (and seemingly everything) and conducting all manner of everyday business online because that is their only option. . We’re going to feel the implications of this for a very long time,” said Galit, who has particular insight into cross-border activity in China and the surrounding region. .

Online 256

Online Regional Retail Meeting 256

PYMNTS

OCTOBER 1, 2019

Both bits of good news set off a mini rally in Apple’s share price, pushing the company’s market capitalization over $1 trillion. Although bargains from Chinese retailers have hurt demand for the iPhone , the region had the third largest sales volume for Apple products in 2018. It also raised Apple’s target price.

Apple 109

Apple Retail Regional Capital 109

PYMNTS

JUNE 21, 2017

Swiss-based food giant Nestle — headed by Jeff Hamilton, president of Nestle Foods Division — led the Series C funding round with support from existing investors Highland Capital Partners, Insight Venture Partners and White Star Capital, among others. American consumers are increasingly interested in buying groceries online.

Capital 100

Capital Regional Google Retail 100

PYMNTS

OCTOBER 23, 2018

have capitalized on a sea change in how we pay. Cross-border online commerce — awash with opportunities to claim new customers and, of course, grow top lines — should quicken the collective pulse of U.S. To capitalize on that aforementioned eCommerce growth in emerging markets and log sales in those regions, U.S.

Payments 164

Payments Regional Online America 164

South State Correspondent

AUGUST 8, 2022

For retail accounts, for the first time since the pre-pandemic era, spending growth has outstripped income growth. This will decrease savings levels and, in turn, retail deposit balances. More to this point, community banks will see increased competition from online-only banks. These betas were better than initially forecasted.

Trends 195

Trends Community Bank Community Retail 195

PYMNTS

APRIL 3, 2018

The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer. and venture-capital firms DST Global and QED Partners. which valued the company at nearly $4.5

Lending 116

Lending Fintech Atlanta Capital 116

PYMNTS

AUGUST 25, 2019

Chinese social eCommerce platform Wanwu Xinxuan has raised $20 million in a Series B round of financing led by Fresh Capital, with participation from Redpoint China Ventures, according to Deal Street Asia. Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories.

Data 109

Data Fintech Lending Regional 109

PYMNTS

NOVEMBER 22, 2019

VTEX, an eCommerce company that has helped companies like Walmart sell online, has raised $140 million in a funding round led by SoftBank’s Latin American fund, according to a report by TechCrunch. Brands and retailers want reliability and the ability to test their own innovations. billion in gross merchandise value.

Software 108

Software America Regional Tools 108

PYMNTS

MAY 29, 2019

Western Union has expanded its services into Thailand and launched a brand new international money transfer service in the region, the company said in a release. To use the service, customers can use a card or a bank account, or pay in person at a retail location. They can also use the Western Union mobile app.

Mobile 188

Mobile Regional Innovation Compliance 188

PYMNTS

SEPTEMBER 7, 2016

The Series A round of funding was led by Sequoia India, Venturra Capital and Susquehanna International Group. Zilingo, whose founders moved to the region, are targeting small retailers who sell their fashion offline in markets and malls across Southeast Asia. The startup previously raised $2 million.

Regional 100

Regional Online Capital Marketing 100

PYMNTS

DECEMBER 3, 2019

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Automotive sales are increasing going digital — and more consumers are buying more used products of all types online.

Nashville 130

Nashville Tennessee Philadelphia Branding 130

PYMNTS

DECEMBER 9, 2016

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. The Asia-Pacific region scored again with Tjaara’s funding worth $1.2

Fintech 100

Fintech blockchain Capital Metro 100

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

APRIL 14, 2017

One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. One of their biggest ventures was an online platform aggregating New Years Eve parties across the globe. We are the “Amazon” of Cannabis, the largest online marketplace in the world.

Las Vegas 140

Las Vegas Los Angeles Retail United States 140

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M savings accounts. Key takeaways.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

SEPTEMBER 28, 2020

You cannot restructure when revenues go to zero,” he told Webster, adding that for a number of retailers and restaurants, “that’s probably the biggest liquidity crisis.”. There will be retailers and restaurants that will not come back, and even some small regional airlines will disappear. Where We Go From Here.

Fintech 291

Fintech Examples Industry Management 291