It has been a good year for connected fitness company Peloton. For Q3 it saw sales grow by 232 percent to $757.9 million from $228 million a year ago. Analysts had been forecasting sales revenue of $748.1 million. Get the Full Story Complete the form...
Legos still rule holiday wish lists but digital items are the most sought-after gifts among children ages 4 to 14, according to a Financial Times report on Friday (Nov. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Financial services firm Figure Technologies, Inc. has sought a national bank charter from the Office of the Controller of the Currency (OCC), which will let it meet “promises of efficiency, affordability and financial inclusion,” according to a Friday (Nov. 6) announcement. Get the Full Story...
In today’s top payments news around the world, payments firm Paytm is collaborating with card issuer SBI Card, while Nium has named a new chief revenue officer. Plus, WhatsApp has gotten approval to expand its payment service in India. Get the Full Story Complete the...
In today’s top news, The Public Investment Fund of Saudi Arabia is planning to invest roughly $1.3 billion for a part of Reliance Retail Ventures Ltd., and Commerzbank is preparing for widespread bankruptcies among small and mid-sized business clients amid the pandemic. Plus, Uber touted...
Merchant acquirer Payroc announced that RewardPay, its signature payment processing product, is growing its processing features. 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...
Privately held Petco announced this week that after two months of mulling strategic options like a sale, the San Diego-based chain of 1,500 pet stores has filed preliminary paperwork for an initial public offering. Whether Petco actually goes the IPO route or ends up finding a buyer...
Driverless car developer Pony.ai is now valued around $5.3 billion, thanks to a recent Series C funding round. 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...
Starling Bank is pushing ahead with plans to raise another $263 million as the U.K.-based digital bank looks to fuel additional expansion in its home market while eyeing an initial public offering (IPO) down the line. Get the Full Story Complete the form to unlock...
