Affirm, the company started by PayPal Cofounder Max Levchin to deliver financial products to consumers, announced last week it has obtained a $100 million lending facility from Morgan Stanley. On pace to more than triple its year-over-year loan volume, Affirm will leverage the facility to...
First Data went public — for the second time — on October 15, 2016. Karen Webster thought it would be fun to catch up with Frank Bisignano, First Data’s CEO, to get his perspective on the first year in the glare of the public market...
There are many ways to quantify the costs of an error — with the massive failure of the Galaxy Note this week, Samsung will likely be learning about several of them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Subscription-based drink startup Hooch is clinking glasses after raising $1.5 million from investors that included celebrities like Chris Burch, Russell Simmons and Shaun White. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Cybric, a provider of the only Continuous Security-as-a-Service platform, announced on Thursday (Oct. 6) it has closed $6.3 million in seed funding with Capstone Ventures and Petrillo Capital. Cybric will use this funding to launch its fully developed SaaS platform solution to the global marketplace....
Symphony Communication Services, an instant messaging startup backed by Wall Street, is reportedly in initial discussions with investors to raise around $100 million in new funding, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Financeit, a point-of-sale financing provider, announced on Thursday (Oct. 6) a new round of equity financing led by new investors, including Pritzker family business interests advised by The Pritzker Organization and DNS Capital. The round also included existing investors. Get the Full Story Complete the...
IoT’s slow adoption by consumers is not deterring investment in industry startups. Sigfox has established partners and clients in 24 markets. Its scale advantages and innovative network has attracted investors, and the latest funding round could reach $200 million with a valuation of Sigfox of...
Payoneer, a FinTech company based in the U.S., has raised $180 million in a Series E round of venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
