article thumbnail

Apple Is First US Company To Reach $1.5T Market Cap

PYMNTS

trillion market capitalization, 9to5Mac reported. . Last week, Apple inched closer to the all-time high market cap when its stock sold at $326 a share. In 2018 , Ives, a software and technology analyst at Wedbush Securities in Los Angeles, said Apple was on its way to set a U.S. company to reach a $1.52

Apple 134
article thumbnail

Digital Money Platform Uphold Acquires JNK Securities

PYMNTS

Digital money platform Uphold announced that it has reached an agreement to acquire New York Stock Exchange member JNK Securities Corp. In its 25-year history, JNK has continued to evolve with the financial markets. The company has global operations in Braga, London, Los Angeles, Mexico City, and San Francisco.

Security 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Real Estate Startup Bungalow Secures $64M In Funding

PYMNTS

Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures, Atomic, Founders Fund, Cherubic Ventures and Wing Ventures, as well as a $50 million debt facility. Since its launch, the company has operated in the Bay Area, Los Angeles, New York, San Diego and Seattle.

San Diego 100
article thumbnail

Disrupting The Security Deposit With Insurance

PYMNTS

And that is if the list is even open — in cities like New York, Los Angeles and San Francisco new applicants can’t even join but for open periods that occur every few years. The average security deposit in the U.S. Their savings might cover the security deposit — barely, in some cases — but will more or less be consumed.

Security 132
article thumbnail

Axos Bank Expands Commercial Presence In NYC, LA

PYMNTS

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., The bank is targeting the middle-market and niche clientele, it noted. Axos Bank is also focusing on the small and medium-sized business (SMB) market. The bank announced Thursday (Aug.

article thumbnail

Cashless Amazon Go Stores Are Coming To The UK

PYMNTS

and has secured retail space in London to do so, according to reports. Bernstein analyst Bruno Monteyne told Reuters that the stores would fit with the country’s convenience food market, as they would cater to people who work in in the area and are looking for “on the go food,” including kits to make meals and other standard grocery items.

article thumbnail

Amazon Eyes Airports For Amazon Go Expansion

PYMNTS

Amazon is exploring the idea of rolling out cashierless stores in airports as it continues to expand into a host of new markets. The lead for Amazon Go requested a meeting,” said a June 27 email from a technology adviser who supports Los Angeles International to a concessions official, reported Reuters. Interested?” “Yes.