A group of investors has acquired Sureswipe, a South African payments company, for an undisclosed amount. 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...
Warranty service company Upsie has raised $5 million in new funding, led by True Ventures. Techstars Ventures, Matchstick Ventures, The Syndicate Fund, M25 and angel investor Marc Belton also participated in the round. Minneapolis, MN-based Upsie will use the new funding to revamp its service,...
This year is proving to be another tough one for brick-and-mortar stores, with Dressbarn, CVS, Party City and Pier 1 Imports being just a few of the retailers announcing closures. According to Coresight Research, more than 7,150 store closures have been announced by U.S. retailers...
Bank of America announced on Tuesday (May 28) that its AI-powered virtual assistant Erica has surpassed seven million users and 50 million client requests, the bank said in a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The CEO of JPMorgan, Jamie Dimon, said Wells Fargo was “irresponsible” for not having a succession plan in place before announcing CEO Tim Sloan’s departure, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Neolix, a Chinese startup, has begun mass producing small driverless delivery vans, with customers like JD.Com and Huawei already signed on as clients, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
SeedLegals, a startup that automates the funding round process for other startups, including getting rid of middlemen and saving lawyer costs, has raised $4 million in a Series A funding round, according to a report by TechCrunch. Get the Full Story Complete the form to...
Chinese tourism in the U.S. declined at a fast clip last year, ending what had been years of growth. 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...
Some entrepreneurs take a path that is different from inventing a new product: They take a curated selection of their favorite products and share them with others. The co-founders of subscription box service Mom Things, for instance, put those items in front of moms to...
