News

Investments
On-Demand Platform Moteefe Secures $5M Funding
February 07, 2020

Specializing in on-demand production of merchandise, Moteefe, an e-commerce platform, has obtained $5 million in Series A funding, according to published reports Thursday (Feb. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Investor Interest Wanes In PropTech After WeWork Debacle
February 07, 2020

The decline of WeWork over the last year has had ripple effects, depressing investor confidence in the entire brand of property technology (PropTech), to which WeWork belongs. PropTech encompasses everything from building management technology — like sensors that capture real-time temperature-change data — to things like...

eCommerce
Bombas: Socking Up With A DTC Digital Strategy
February 07, 2020

Startups form to solve all sorts of problems, often from a specific problem a founder is dealing with that turns them on to a bigger hole in the marketplace. However, Bombas was somewhat different — though it began, like many startups, with looking to fill...

Regulation
Will The Federal Government Clear EVs’ Ignition Roadblocks?
February 07, 2020

While the electric car has long been touted as the future of transportation, it bears remembering that while electric vehicles (EVs) have been cool in the post-Tesla world, they are hardly new. The first electric vehicles started driving on America’s streets in the early 1890s...

Merchant Innovation
China’s Smartphone Makers Team On App Platform To Rival Google
February 07, 2020

Several Chinese smartphone developers are working on an alternative to the Google Play Store that could challenge its dominance in the field of app-downloading services. Reuters reported that Huawei, BBK’s Oppo and Vivo, and Xiaomi are collaborating on the project, uniting under the Global Developer Service...

Loyalty & Rewards
Dunkin’, Shell Offer Consumer Savings Program
February 07, 2020

Shell Oil Company and the rebranded Dunkin’ are expanding their partnership beyond the popular Fuel Rewards program. Running until the end of 2020, the “Sip Dunkin’, Save at Shell” promotion will save $.10 per gallon every time five Dunkin’ beverages are purchased by Shell Gold...

IPO
Casper IPO Rebounds After Lower Valuation
February 07, 2020

When is a 12 percent gain in a stock – logged in a single day – cause for what might be the investor equivalent of a shoulder shrug? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
komgo Acquires Digital Platform TRAFEC
February 07, 2020

Trade finance software company komgo has acquired the Trade Finance Exchange Console (TRAFEC), according to a press release.  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...

Retail
Nike Commits To Sustainability For High-Tech Tokyo Olympics
February 06, 2020

Heads up before you throw those sneakers out: They might be running a marathon in Tokyo this summer. That’s the upshot of Nike’s recently introduced product line, which features recycled and sustainable materials. The retail angle (outside of Nike’s own stores) is that the company...