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Echelon Pulls In $65 Million In Funding As ‘Connected’ Fitness Takes Off

PYMNTS

Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Echelon said it offers online classes with everything from “heart-pounding, high-intensity workouts, to calming yoga,” covering fitness needs at all levels.

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Morty Raises $3M To Bring Its Online Mortgage Platform To The Masses

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The $3 million in funding was led by Thrive Capital, including participation from SV Angel, Techstars, FJ Labs, Corigin Ventures, MetaProp and a number of angel investors, reported TechCrunch. The platform is licensed in Colorado, Florida, Georgia, Maryland, Minnesota, North Carolina, Oregon, Tennessee, Virginia and Washington, D.C.

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New Carro Hire Shows How Vehicle Subscriptions Are Growing

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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.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

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This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101
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How Cars, Streaming And Sign-Ups Make For Better Subscription Commerce

PYMNTS

Automotive sales are increasingly 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. BMW , for example, has launched a pilot in Tennessee dubbed Access by BMW.

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D3 Secures $10M For Digital SMB Banking Efforts

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. “The past year we have seen a shift in the industry with leading financial institutions seeking modern solutions that provide the foundation required for developing a digital strategy that extends into the future,” he said, pointing to recent deals with Arvest, First Tennessee Bank and IBERIABANK.

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Car Subscription Market Set To Grow 71 Percent By 2022

PYMNTS

BMW, for example, launched a pilot dubbed Access by BMW in Tennessee. Reuters , citing comments that Co-founder Thomas Griesel made to a German newspaper, reported that the company wants to capitalize on a growing demand for ready-made meals. “We This type of service is one way automakers can attract younger customers.

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