Starbucks has, once again, warned that its China comparable sales could rise 1 percent during the fiscal year. 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...
London-based FinTech startup Rapyd has secured an additional $20 million in funding, bringing its valuation to $1.2 billion. 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...
Lumin Digital has signed a multi-year contract with the University of Illinois Community Credit Union (UICCU) that will have Lumin’s cloud-based platform serve as the credit union’s digital banking solution for retail banking and bill payment. Expected to go live in the spring of 2020,...
SoftBank Group has made another investment in Mexico, leading a $100 million funding round for small business (SMB) lender Konfio. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
To help Shopify shops keep in touch with consumers through SMS, Postscript notched $4.5 million in funding. Accomplice led the investment round, which was also backed by Wufoo Co-founder Kevin Hale and Kayak Co-founder Paul English, among others, according to reports. Get the Full Story Complete...
A FinTech payday startup called Hastee has received a $270 million investment from Umbra Capital Partners, with participation from IDC Ventures and others, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The results of a new survey found that most people – around 77 percent – plan on returning some of their gifts this holiday season, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
FinTech firms are aiming to serve the payment needs of marketplaces with technology that helps funds flow both in and out of their accounts — a process that meets many challenges when dealing with so many payment services globally, or even in just one country. Modo,...
The We Company, the parent of WeWork, uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax reported on Tuesday (Dec. 3). The contribution margin — also used by Lyft and Peloton — ignores fixed and startup...
