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...
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 —...
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...
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...
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...
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...
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...
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...
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...