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How Charitable Giving Boosts Online BNPL Sales, Customer Engagement

PYMNTS

Ninety-four percent of consumers believe companies need to do more than just earn profits — they expect them to give back to social causes in their communities and in the world at large. Charitable donations have also proven to boost sales. eBay reduced its rate of customer attrition by 67 percent simply by supporting nonprofits.

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The PayPal Recipe

PYMNTS

PayPal is also negotiating with banks that issue cards on new products that might promote PayPal. These discussions are important because Apple, already with a popular mobile wallet, is about to roll out online payments, which is in direct competition with PayPal. This may compete, to some extent, with PayPal’s One Touch button.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

Ample Hills Creamery — named for a line in a Walt Whitman poem — is an ice cream shop and “community gathering place.” MiniLuxe is a nail and beauty lifestyle lounge with locations in Dallas, Rhode Island, Los Angeles, and Boston. Total Disclosed Funding: $4.1M. Oh My Cream! Total Disclosed Funding: $6.6M.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

For millions of consumers accustomed to using credit and debit cards, the proposition of using a fingerprint hasn’t been all that appealing. “It’s hard to fight the credit-card companies,” says Gartner (IT) analyst Avivah Litan. via MDDI Online. Company: DeNovis, Inc. Total disclosed funding: $97.8M.

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