News

Investments
Akeneo Lands $46M To Enhance Product Info For Retailers
September 13, 2019

Akeneo announced Thursday (Sept. 12)  it has raised $46 million in funding led by Summit Partners. 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...

Investments
Online Home Buying Platform Prevu Closes $2M Funding Round
September 12, 2019

New York-based digital home buying company Prevu, which identifies itself as a customer service-oriented platform, has closed a $2 million seed funding round, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Voyage Lands $31M To Expand Self-Driving Vehicle Fleet
September 12, 2019

Voyage announced that it has raised $31 million in a Series B fundraise. 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....

Ridesharing
Uber To Finance Careem Acquisition With $750M Of Debt
September 12, 2019

Uber said Thursday (Sept. 12) that it will tap $750 million in debt financing to help fund its $3.1 billion buy of Careem, a ride hailing company that is based in the Middle East. Get the Full Story Complete the form to unlock this article...

Banking
US Bank Dials Back Growth Forecasts
September 12, 2019

To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Bancorp cut its growth outlook in the long term. Multiple large U.S. banks have decreased their targets with an economic environment that is changing, the Financial Times reported. Get...

Partnerships / Acquisitions
Ford Drops Vehicle Subscriptions, As The Space Accelerates
September 12, 2019

The whole culture of driving is changing – no doubt more quickly than many could have imagined. Further proof of that comes from Ford, and the hot-and-getting-hotter world of vehicle subscription commerce. The venerable automaker has agreed to sell its own vehicle subscription operation to...

Loyalty & Rewards
Aspiration Bank To Give Cash Back For Socially Responsible Shopping
September 12, 2019

Online bank Aspiration, which has a socially conscious mission, recently announced it would give customers 3 to 5 percent back on purchases from socially conscious brands, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

News
Top News In Payments: R3 Works With Mastercard On Blockchain Tech; Uber Pushes Back On...
September 12, 2019

Today in the payments news roundup, R3, an enterprise software provider, is collaborating with Mastercard to establish a blockchain cross-border payments solution. Also, Uber will reportedly fight the recent passage of controversial labor legislation in California per reports. And Groupon is said to be mulling...

Partnerships / Acquisitions
Geniuslink Acquires Social Shopping Site Kit From Patreon
September 12, 2019

Patreon, a platform where content creators and influencers can get memberships from fans, announced that it’s selling Kit.com’s assets to Geniuslink, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...