Inflation is a pressure point, and consumers are pulling back on discretionary spending. And it may be the memberships — specifically the “value add” offered by those memberships — that keep individuals and families spending with a select few retailers. In other words, with the...
Bud Financial has expanded into the United States. The U.K.-based provider of open banking and transactional data intelligence has already made key hires as it goes to market in the U.S., Bud said in a Wednesday (March 29) press release. “We are thrilled to bring...
Pinwheel has partnered with Visa to provide consumer-permissioned income and employment data to businesses. By joining the Visa Fintech Connect Program, Pinwheel can provide this data to merchants, financial institutions and FinTech companies more easily and with additional security and compliance, the companies said in a Wednesday (March 29) press...
The RealReal has added resources to help consignors do business on the luxury resale marketplace. The firm has enhanced its consignment service model and added new sources of pricing data, The RealReal said in a Wednesday (March 29) press release. “Between their designated team and...
Grocers’ efforts to drive digital engagement have led to a surge in online food purchases. The Context Leading grocers have been expanding their digital businesses, both investing in their consumer-facing platforms and building out their internal fulfillment capabilities. Take, for instance, Kroger, which has been driving...
DWF Labs has reportedly invested $40 million in Fetch.ai. Fetch.ai will use the new funding from the global digital asset market maker and Web3 investment firm to further its aim of providing an autonomous machine-to-machine ecosystem to help developers deploy and monetize their applications, CoinDesk...
Cryptocurrency firm Beaxy has suspended operations amid criminal charges by U.S. regulators. The Securities and Exchange Commission (SEC) accused Beaxy and several of its executives Wednesday (March 29) of operating as an unregistered broker, exchange and clearing agency. It’s part of an ongoing crackdown by...
African neobank Payday is looking to new markets after raising $3 million. The funding, announced Wednesday (March 29), will help the company secure operational licensing in the U.K. and Canada — the company has offices in Rwanda and Vancouver – while also expanding its operations...
Swedish open banking platform Open Payments plans to scale after raising $3.2 million. The growth round, as reported Wednesday (March 29) by EU Startups, will allow the Stockholm-based company to extend its offering to business-to-business (B2B) companies as it expands to new markets and picks...