Shadow banking now has $52 trillion in assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means of managing their financial lives. Last week’s Capitol Hill hearing — and our own data on just where we will...
Uber filed its S-1 last Thursday (April 11), two weeks after Lyft went public. By close of business on Friday, Lyft’s stock was trading at $59.90 a share, 20 percent off its $75 high at the end of its first day of trading. Get the...
There are many mechanisms in the market designed to help match consumers to offerings that are suited to them. Better algorithms, visual search tools and concierge services are just a handful of the ways retailers young and old are attempting to ensure customers get the...
Digital payment company Nexi has raised $2.3 billion in its initial public offering (IPO), making it the largest European IPO this year so far, according to Bloomberg. It is also the third IPO for a payments-related company in less than a year. Get the Full...
Dashlane, a password manager and identity management solution, announced it has raised $30 million in new funding, 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....
It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 billion people, of whom at least 725 million have mobile devices. Get the Full Story...
Grubhub, the food delivery startup, saw shares tumble on Friday (April 12) due to competition from rival delivery service Uber Eats, according to reports. The stock fell 5.3 percent in afternoon trading and volume reached 5.3 million shares, which is more than 50 percent of...
Some of the country’s biggest banks saw their share prices surge after their Quarter 1 earnings beat analysts’ expectations. Shares of JPMorgan Chase rose 4.1 percent after it reported a 5 percent boost in profits, beating expectations and showcasing the strength of its banking operations....
Luxury women’s shoe brand Manolo Blahnik has opened a new dedicated boutique inside of Selfridges, 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...
