Gap saw its stock rise late Thursday (March 3) after the clothing retailer presented a positive profit picture for the year ahead, despite “muted” sales caused by store closures and supply chain issues. Get the Full Story Complete the form to unlock this article and...
Volocopter, an aircraft manufacturer that calls itself a pioneer in urban air travel, has raised $170 million in a Series E funding round, the company announced Friday (March 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Much has been written about the “battle” between America’s top-two retailers and the “war” that these rivals are engaged in to sell more stuff to more people in more ways. But after a week of actual war in Ukraine, those analogies suddenly seem trite —...
“At a certain point in the evolution of any business,” Corcentric President and Chief Operating Officer Matt Clark mused, “digitization becomes necessary.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Continuing a trend seen in the past few weeks since we launched the FinTech IPO tracker, the group of 45 companies we’ve surveyed have, on the whole, underperformed the broader market. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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The U.S. has imposed more sanctions, this time against Russian oligarchs, in a bid to hit the ultra-wealthy in that country, according to a Reuters report Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Several Chinese banks are working to make sure they can maintain business with Russian clients and also avoid Western sanctions, Reuters reported Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In today’s FinTech news, digital business bank Grasshopper has lined up a new executive team as it launches innovative products and shifts its focus to startups and SMBs, and London FinTech startup Weavr talks to PYMNTS about its alternative to complicated backend technology. Meanwhile, at...
