News

IPO
WeWork Moves Forward On IPO, Despite SoftBank’s Concerns
September 11, 2019

WeWork, an office-sharing startup, is reportedly moving ahead with plans to go public despite a massive drop in valuation, and one of its biggest investors is balking at the prospect, according to Reuters.  Get the Full Story Complete the form to unlock this article and...

Investments
Explorium Lands $19M To Expand Data Sciences Platform
September 11, 2019

The U.S.-Israeli data science firm Explorium raised $19 million in private funding to expand its new machine learning platform, Reuters reported on Wednesday (Sept. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

News
Top News In Payments: Stripe Rolls Out Corporate Card, WePay Customers Get Faster Deposits
September 11, 2019

Today in the payments news roundup, Stripe announced the creation of a corporate card. Also, some users of WePay can now get faster deposits to their JPMorgan Chase bank accounts. And Domino’s has invested in voice-based solutions to connect with diners. Get the Full Story Complete the...

Cross-border Payments
Anglo-Gulf Trade Bank Gets First Digital Banking License in UAE
September 11, 2019

Anglo-Gulf Trade Bank (AGTB) was awarded the first digital banking license and Category 1 status from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), Islamic Business & Finance reported on Wednesday (Sept. 11). Get the Full Story Complete the form to...

Investments
Nigerian FinTech Kuda Raises $1.6M For Digital Banking Tech
September 11, 2019

Kuda, Nigeria’s first digital-only bank with a standalone license, has raised $1.6 million in pre-seed funding led by Haresh Aswani, as reported on Wednesday (Sept. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Creating A Mainstream US CBD Market
September 11, 2019

CBD has in short order become something of a retail fad. Short for cannabidiol, CBD is a chemical derived from cannabis plants that is increasingly favored for a whole host of medical and wellness related applications across the retail spectrum. Its use has become incredibly trendy – a...

Retail
Virtual Reality Gains Traction In Retail
September 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Already, trends are emerging that promise to play out with greater steam in the 2020s. Get the Full Story Complete the form...

Retail
Enabling Digital Commerce At Sporting Venues With Mobile Ticketing
September 11, 2019

With sports teams such as the Carolina Hurricanes moving to distribute tickets nearly exclusively via mobile, fans are now tapping into digital platforms to access sporting events. And almost nine in 10 — or 87 percent — of tickets in the Carolina Hurricane’s playoffs last season were scanned...

Retail
Peloton Aims To Raise Up To $1.16B In IPO
September 11, 2019

In a regulatory filing, Peloton said it aims to raise up to $1.16 billion in its initial public offering (IPO). The company, which is famous for its connected fitness equipment, is looking to price its shares in a range of $26 to $29, CNBC reported....