News

Retail
Rent The Runway Unveils Kids’ Clothing Offer
April 08, 2019

To expand its offerings into kids’ clothing, Rent the Runway plans to debut a children’s apparel collection on April 15. The clothing subscription company’s new offering will initially include girls’ sizes from 3Y to 12Y, Retail Dive reported. Get the Full Story Complete the form...

B2B Payments
Trump Announces Pick For New Small Business Administration Chief
April 08, 2019

President Donald Trump has announced that he will nominate U.S. Treasurer Jovita Carranza to be the next chief of the Small Business Administration (SBA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Why Small Business Owners Should Always Have An Exit Strategy
April 08, 2019

Hundreds of thousands of new small businesses (SMBs) open their doors every year in the U.S., be them physical or digital. The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth...

B2B Payments
Revolution Payments Tackles Biz Card Fees With Level 3 Data
April 08, 2019

Revolution Payments announced its Level 3 Processing solution that can help businesses reduce the interchange cost of accepting commercial or government credit cards by 1 percent to 1.5 percent. Founded 24 years ago, Revolution is focused on delivering reliable and secure payment solutions for clients, including Ramada, Holiday...

B2B Payments
In UK, Cabinet Warns Suppliers Of Bans Over Late Payments
April 08, 2019

Public contractors get a warning in the United Kingdom that late payments to suppliers and subcontractors could get them banned from public works once new rules debut in the Fall.  Xero finds a number of smaller firms are cash flow negative in the past year...

B2B Payments
SMBs Shift Their Cash Management Strategies
April 08, 2019

Recent data has warned that small business (SMB) optimism is beginning to drop after months of record highs. It wasn’t altogether unexpected, though: After all, what goes up must come down. Yet, amid talk of declining optimism and an impending recession in the U.S., the...

Investments
Grab Gearing Up To Raise $2B More This Year
April 08, 2019

Grab, the Southeast Asia ride-hailing company, is gearing up to raise an additional $2 billion in funding during 2019 to bankroll its expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Teacher-Focused Homebuying Startup Lands $7.5M
April 08, 2019

A startup called Landed that helps teachers buy houses has raised $7.5 million in a Series A funding round, 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...

Banking
Monzo Bank Valuation To Reach £2bn With US Investment
April 08, 2019

U.K. digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in Britain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...