Democrats would like to see bank executives get grilled by Congress on an annual basis. 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 newsletter,...
Furniture subscription rental service Feather is using its latest round of funding to expand to Los Angeles. The company raised $12 million in a Series A funding round, led by Spark Capital, with participation from Kleiner Perkins, Bain Capital Ventures, Y Combinator and Fuel Capital, to...
The robots are coming, and they are going to take our jobs. A simplification, perhaps — but if one were looking for the simplest statement to explain the narrative following the era of automation, that would probably be it. Get the Full Story Complete the...
The robots are coming, and they are going to take our jobs. 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 newsletter, PYMNTS Today. By...
WeWork, which recently renamed itself The We Company, has built a multibillion-dollar valuation with its business model of renting out spaces. The company now wants to expand into owning the buildings as well, according to a report from CNBC. Get the Full Story Complete the...
In a move that’s been anticipated since 2017 when Amazon acquired Whole Foods, the grocer and delivery firm Instacart have parted ways, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wegagen Bank’s tie-up with WorldRemit for a digital money transfer service for Ethiopia. Hatton National Bank PLC unveiled the rollout of HNB Solo in Sri Lanka, personal remittances from overseas...
Grofers, the Indian online grocery startup, has raised more than $200 million in a new round of fundraising. 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...
KOHO, the Canadian FinTech, announced on Wednesday (May 15) that is has closed a $42 million round of fundraising. In a press release, KOHO said the round was led by Portag3 Ventures and included participation from Greyhound Capital and other strategic investors. Get the Full...
