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Opendoor, Zillow Rival Perch Raises $220M

PYMNTS

The funding, which is a combination of equity to fund operations and debt to fund home purchases, was led by FirstMark Capital , with participation from Accomplice and Juxtapose. After launching in San Antonio in early 2018, Perch has expanded to Dallas-Fort Worth, with more markets planned.

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Macy’s Spotlights Women-Owned Businesses With SoGifted

PYMNTS

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. The retailer is opening SoGifted shops in its flagship Manhattan store and six other locations. Lauderdale. 14 at 6:30 p.m.

Las Vegas 136
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Einride Presses The Pedal On Autonomous Delivery

PYMNTS

Sweden-based Einride , which makes autonomous delivery vehicles, has raised $25 million in fresh capital. Scant information was immediately available from Einride, which appears poised to use that capital to expand internationally and otherwise continue development of its electric Einride Pods.

Houston 116
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. Ontario (L.A.), Oklahoma City, and Memphis.

Company 130
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential.

Mobile 168
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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. increase, while the San Antonio metro, up 19.4%, ranked 12th. Those in south central Texas, which includes San Antonio, supported an estimated 211,000 jobs and contributed nearly $25.2 By Mindy Charski.

Texas 182
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Chapter 11 Watch: Sears Watch, Restaurant Woes And Kim Kardashian’s Bodyguard

PYMNTS

“Recent reports have suggested that Kmart will cease its operations. According to Nation’s Restaurant News , Cortland Capital Market Services LLC, which holds about $35.7 According to USA Today , Don Pablo’s operated 120 locations in the U.S. A week after a report from Fitch Ratings named Sears Holding Corp.