Increasingly, Americans prefer to communicate by text message — much to the dismay of everyone’s grandmothers, who just can’t understand why it is such a big deal to pick up the phone every now and again. Get the Full Story Complete the form to unlock...
Disruption needs investment. In one quite recent example of investment — as recent an announcement as this morning — Embroker, the cloud-based risk and insurance management firm, has raised $12.2 million from a series of investors.
The venture capital arena has been raising money at a furious pace, but VC firms have also been sitting on the cash for dry powder. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Capital Float, an India-based FinTech startup aimed at helping SMBs gain access to loans, announced on Thursday (May 12) that it closed a $25 million Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Apple announced the somewhat surprising move this morning of a $1 billion investment into Didi Chuxing — a ridesharing service that acts as one of Uber’s main rivals in China. Apple CEO Tim Cook says the move was undertaken in an attempt to learn more...
German POS solution provider orderbird has raised close to $23 million in a Series C funding round, the company announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Liquidity is what makes markets go ‘round. It’s also what small-cap stocks generally lack and why investors have begun to build a “wall of worry” around them. Exhibit A: alt-lending stocks.
Down rounds are up, while mature firms are getting a bit more scrutiny. This is the world of the unicorn, according to recent data, even while some public peers crash and burn.
Getting millennials to embrace “traditional” financial services isn’t easy, particularly as a new crop of FinTech innovators has met more than halfway with apps that offer traditional financial services and transacting in an environment that they are most familiar with – digital and not physical...
