Varo Money Inc., the mobile banking company, closed on a $241 million Series D funding round, the San Francisco-based company announced on Wednesday (June 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
After a dark and difficult few months, there might finally be some light at the end of the tunnel for some restaurants as spring 2020 turns into summer and businesses start to open in a limited fashion nationwide. Get the Full Story Complete the form...
SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address racial inequities in the United States amid coast-to-coast protests over police brutality. Get the Full Story Complete the form to...
The COVID-19 crisis continues to upend the economy, including even the world of digital banking. 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 newsletter,...
PayPal has re-upped its stake in Tink with an investment of an undisclosed size that was part of a previously announced 90 million euro funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The digital shift in the during the pandemic has been substantial. But the retail industry may need new and bigger adjectives as the COVID-19 crisis wears on in some geographic areas and moves on in others. Because new evidence shows that eCommerce market share could...
No one ever said RH Chairman and CEO Gary Friedman was shy. His ringing endorsement of the luxury goods market, released yesterday as his annual letter to shareholders, was a clarion call to the frontlines of retailing during a decidedly difficult time. Get the Full...
As it took “decisive actions” to maintain liquidity, Express Inc. reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of retail locations started on May 1. The retailer, however, reported that consolidated net sales dropped 53 percent to $210.3 million...
New Yorkers who were hoping the city’s public transportation network would soon accept contactless payment will have to wait. 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...
