After raising another $500 million in its Series D fundraising, Revolut plans to increase daily engagements and has set its sights on profitability this year, according to the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Venmo is branching out to target a new demographic in its payments service: teenagers, according to published reports on Monday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Target’s strategy to concentrate on its eCommerce business has moved the big-box retailer to the No. 8 position in eMarketer’s latest ranking of the nation’s top merchants by online sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Another bankruptcy; another week of trying to sort out the problems at retail. With news that Pier 1 Imports has filed for Chapter 11 bankruptcy, a new spotlight is on an old contention: The U.S. simply has too many stores to support them all and...
The all-important last mile of retail is getting shorter and more innovative. As reported by PYMNTS on Monday (Feb. 24), Krispy Kreme is the latest brand to announce home delivery capabilities. It plans to roll out nationwide delivery on Feb. 29 via DoorDash, the on-demand...
Financial automation and data intelligence solutions firm Glantus has acquired the audit credit recovery firm JPD Financial, creating a business with an approximate $12 million turnover, Glantus announced on Monday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy...
SoftBank’s second Vision Fund has invested in two companies, artificial intelligence company Behavox and healthcare-facing company Karius, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
As the Coronavirus spreads beyond the borders of Asia, its effects are casting a widening shadow that is being felt in just about every industry, across most of the world. Not only are the financial markets dropping along with tourism and mortgage rates, but manufacturers...
Not all black swan events are created equally, at least when it comes to certain business verticals. 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...
