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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

PYMNTS

Since then, Shipt has grown from its 1,000-person initial offering to ship to customers in 27 metro areas and nine states, with its rapid expansion mainly powered by word of mouth from satisfied customers. Under CEO Bill Smith’s leadership, Shipt has quickly become a nationally recognized company in the home grocery delivery space.

Google 100
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High-Profile — But Secretive — Funding For B2B FinTechs

PYMNTS

The company said it plans to use the funding to expand its staff across leadership, sales and marketing positions and continue to develop its underlying technology. Apparently, he’s putting his money where his mouth is by investing in Timelio, which offers invoice financing on a digital marketplace. Procure-To-Pay. Tradeshift. B2B eCommerce.

Fintech 100
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Digital Channels Caffeinate Starbucks Earnings

PYMNTS

million, up 15 percent versus last year and the strongest growth rate in seven quarters, according to Starbucks President and Chief Operating Officer Rosalind Brewer in a call with analysts. And the company also assigned a team to address dense urban market performance, with New York Metro as an initial target.

Miami 129
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Community banks are thriving in Texas

Independent Banker

The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3% increase, while the San Antonio metro, up 19.4%, ranked 12th. We take time for our customers.”.

Texas 182
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Data Dive, Big Moves Edition: Walmart, Uber Eats And The US Stock Market

PYMNTS

Uber Eats, facing losses and stiffening competition from both Grubhub and DoorDash, is changing its leadership and reorienting its efforts around profitability. The first was the news that the retailer is bringing together its store and eCommerce product-buying teams. Powering that plan, Walmart had two big announcements last week.

Marketing 141
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The 2019 GonzoBanker Awards

Gonzobanker

So many miles to go, retail bankers! In a mature credit cycle with a tough yield cure, Chase is still growing retail revenue a 7+% and mobile banking users by 12+%. And Partners CEO John Janclaes helped put Kony on the market map in mid-size shops, even keynoting Kony’s conference with a leadership book in tow. It’s game on.

Idaho 148
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. Wrentham Co-operative Bank.