News

Regulation
FTC Asks Congress To Restore Fraud Victim Compensation Authority
April 27, 2021

The Federal Trade Commission (FTC) is asking Congress to restore its authority to return funds to victims of fraud and other illegal activity, according to a Tuesday (April 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Kid-Friendly FinTech Greenlight Raises $260 Million, Valued At $2.3 Billion
April 27, 2021

Family-centric FinTech Greenlight Financial Technology, Inc. has raised $260 million in a Series D funding round, valuing the startup at $2.3 billion, according to a Tuesday (April 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Gaming Payments Company Mazooma Launches Immediate Payout Feature
April 27, 2021

The gaming payments provider Mazooma has unveiled a new feature that allows players to receive immediate payments into their bank accounts. This feature is the result of a partnership between Mazooma and Fifth Third Bank, with real-time withdrawals for sports wagering and iGaming players available...

eCommerce
Mailchimp Adds Online Storefront And Appointment-Booking Tools
April 27, 2021

Mailchimp has launched two new commerce features for merchants to its larger integrated marketing platform, and has made them available for free, according to a Tuesday (April 27) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Neobank Current Notches $220 Million At $2.2 Billion Valuation
April 27, 2021

New York FinTech startup Current raised $220 million in a Series D investment round led by new investor Andreessen Horowitz that triples the company’s valuation to $2.2 billion. The latest capital infusion brings Current’s total funding to more than $400 million. Get the Full Story...

Acquiring
Stripe To Acquire TaxJar To Streamline eCommerce Sales Tax Compliance
April 27, 2021

The FinTech Stripe is acquiring business sales tax platform TaxJar for an undisclosed amount. The acquisition is part of an upcoming suite of tax tools Stripe is developing to help eCommerce companies and other online businesses. Get the Full Story Complete the form to unlock...

Fintech Investments
Teen Banking Startup Step Takes In $100 Million In Series C Funding
April 27, 2021

Step has raised $100 million in Series C funding, the FinTech banking startup said in a news release on Tuesday (April 27). According to the company, its valuation has more than tripled in less than five months to just under $1 billion. Get the Full...

Delivery
DoorDash Serves Up New Delivery Pricing Plans For Restaurants
April 27, 2021

Delivery service DoorDash, which is under fire around the country for its pricing, said in a press release on Tuesday (April 27) that it will offer new “Partnership Plans” for restaurants, including a 15 percent commission option. Get the Full Story Complete the form to...

Retail
Today In Retail: Crocs Digital Sales Surge; FedEx Teams With Adobe
April 27, 2021

In today’s top retail news, iconic footwear brand Crocs reported that digital sales soared by 75.3 percent, while FedEx revealed a new partnership with Adobe Commerce. Plus, video game retailer GameStop has raised $551 million via the sale of 3.5 million new shares of stock....