News

Investments
Credit Card Startup Petal Raises $300M Led By Jefferies
September 18, 2019

The New York-based FinTech company Petal has announced a $300 million debt round from global investment bank Jefferies, adding to existing venture capital investments from Peter Thiel’s Valar Ventures, Rosecliff Ventures and others, the company announced in a press release on Wednesday (Sept. 18). Get...

Retail
Using Data Tech To Create A Modern Lingerie Marketplace 
September 18, 2019

For American women, there is plenty of friction built into the process of purchasing lingerie. Cost, sizing, styling, access and lack of consistency in the products are among the ranking complaints. Perhaps unsurprisingly, a veritable legion of DTC brands and startup shops have sprung up in...

Retail
Western Union Powers Pay With Cash On Amazon In US
September 18, 2019

To make it easier for shoppers to pay with cash, Amazon PayCode is rolling out today in the United States. The option enables customers to select Amazon PayCode at checkout and pay in cash at one of 15,000 Western Union locations, according to an announcement....

Retail
Athletic Subscription Boxes Run On Curation
September 18, 2019

The plethora of merchandise and accessories in the athletic market can be overwhelming for new runners. In addition to buying a pair of sneakers to lace up when they hit the road, consumers also have the opportunity to choose products such as energy gels, bars...

Retail
Retail Feels The Wide Impact Of Bridge Millennials
September 18, 2019

Among the forces working to influence and change retail — and do so into the 2019 holiday shopping season, as well as the 2020s — is the rise of bridge millennials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
India Approves Ordinance To Ban eCigarettes
September 18, 2019

In a move that will dash the plans for expansion of companies like Philip Morris and Juul Labs in the country, India prohibited the import, production and sale of electronic cigarettes. The ban will be made through an executive order and will come with jail...

Deep Dive: Tailoring Global Subscriptions To Local Markets’ Needs
September 18, 2019

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B2B Payments
WEX Opens FI Commercial Payments Services Unit
September 18, 2019

Commercial payments company WEX is adding a new business segment under its Corporate Payments division, created to address the payments needs of financial institution clients, the firm said Tuesday (Sept. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Open Banking Startup Bud Lays Off One-Fifth Of Workforce
September 18, 2019

Open banking FinTech startup Bud is reportedly laying off up to one-fifth of its staff just months after announcing a $20 million fundraise, The Telegraph reported on Monday (Sept. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...