Financial services company Standard Chartered (SC) will invest in Partior, a blockchain-based clearing/settlement platform from Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Supply chain visibility platform project44 has raised $80 million in a funding round and said it would use the new capital to work toward several key initiatives without needing to raise additional capital. Get the Full Story Complete the form to unlock this article and...
There’s an old business saying that holds that you can’t cut your way to profitability. Chime and its digital peers are going to put that maxim to the test. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
On a day when investors’ double-digit disappointment over Peloton’s earnings and guidance scream for attention, it can be hard to hear the soft-spoken insights of the connected fitness firm’s new CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In a virtual try-on (VTO) partnership where scale meets scale, Amazon Fashion and Snapchat have agreed to connect products with people via a new digital fitting agreement aimed at moving merchandise and reducing returns. Get the Full Story Complete the form to unlock this article...
After a quarter in which its revenue, active customers and orders dropped, home goods platform Wayfair is working to reduce costs by a half-billion dollars while also aiming to grow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Athletic performance apparel, footwear and accessories brand Under Armour is expanding its efforts to offer not only the products athletes wear while playing sports, but also the ones they need at other times of the day. Get the Full Story Complete the form to unlock...
Casual footwear company Crocs said revenues of its Hey Dude brand should surpass $1 billion next year as it begins selling the men’s shoe line overseas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Despite a continent-wide economic slowdown and comparatively deflated financial markets, Europe is on track to match last year’s record-breaking venture capital (VC) activity, which saw over 12,000 deals raise over 100 billion euros, according to PitchBook’s latest European Venture Report. Get the Full Story Complete the...