News

Investments
Financial Management Chatbot Plum Raises $4.5M
May 02, 2019

Plum, a FinTech chatbot app created to help people manage money, has raised $4.5 million in a funding round, reaching a total of $6.3 million, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Global Payments
PaySend Debuts Payment App; PFS Teams With Garmin Pay
May 02, 2019

Welcome to The Axis, your late look at payments news from around the world. PaySend, a U.K. FinTech firm, has debuted an app that enables users to tap into their mobile numbers to make payments. Prepaid Financial Services (PFS) has teamed with Garmin Pay for...

Banking
UK Bank NatWest Introduces Merchant Acquiring Service For SMBs
May 02, 2019

U.K. bank NatWest is starting a merchant acquiring service for small to medium-sized businesses (SMBs), according to reports. 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...

Investments
FreightHub Raises $30M In Series B Round
May 02, 2019

A freight forwarding startup in Europe has raised $30 million in a Series B funding round. FreightHub, headquartered in Berlin, aims to replace what it views as antiquated methods for freight forwarding, such as outdated IT systems and non-automated processes. Get the Full Story Complete...

Investments
Toyota AI Ventures Launches $100M Fund For Tech Startups
May 02, 2019

Toyota AI Ventures, the venture capital arm of Toyota, has announced the launch of Fund II, a $100 million fund that will invest in early-stage startups that are developing disruptive technology and business models in autonomous mobility and robotics. Get the Full Story Complete the...

Loyalty & Rewards
Amex Updates Blue Cash Card To Reflect Millennials’ Spending
May 02, 2019

In a sign of the times, American Express is increasing the rewards on its Blue Cash Preferred Card, announcing 6 percent cash back on U.S. streaming subscriptions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
DoorDash To Deliver To Hotels
May 02, 2019

DoorDash, the food delivery startup, announced Thursday (May 2) it has a new partnership with Wyndham Rewards to deliver food at hotels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
DIY Hair Color’s Physical Retail Migration
May 02, 2019

Hair color is big business – particularly in the United States, where 85 percent of women report coloring their hair in some fashion. How they do it varies. About 48 percent trek to a salon to have their locks dealt with by professionals, while about...

Retail
How Pet Plate Humanizes Custom Meals For Dogs
May 02, 2019

To provide customizable meal plans for dogs, eCommerce innovators are offering freshly cooked meals delivered to consumers through the subscription business model. Pet Plate, in one case, is a service based on the profile of each dog. “We develop a meal plan that fits to...