Mobile banking upstart Chime has completed funding that has provided the firm with a $14.5 billion valuation, CNBC reported. 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...
When the pandemic first took hold of the retail industry in March and April, the phrase “it’s hard to forecast during a pandemic” was heard in most every executive interview or earnings call. Now that the holiday sales season is imminent, the operative phrase is...
The Chinese retail economy is on the comeback trail, lending optimism to the thinking that the U.S. can follow its model if the pandemic is brought under control. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As it aims to develop an online shopping portfolio, Boosted Commerce said it has notched $87 million in investment and has purchased six Amazon fulfillment (FBA) firms. The company intends to “acquire and develop” 100 online shopping consumer packaged brands in the four years to...
Independent coffee shops weren’t totally tuned out when it came to digitization in the pre-COVID-19 world, but it wasn’t an area of focus for them, according to Tim Griffin, founder of small business payments platform Cloosiv and chief product officer of its new parent company,...
Retail sales volumes in Great Britain rose by 0.8 percent in August in contrast to July, marking the fourth straight month of expansion, according an Office for National Statistics news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage...
Backers of a new group vying to buy the U.S. operations for TikTok want to craft an agreement giving U.S. interests a majority stake in an attempt to appease the Trump administration’s fears of foreign surveillance, The Wall State Journal (WSJ) says. Get the Full...
