News

Investments
Starbucks Invests $100M In New Valor Fund Focused On Food Startups
March 20, 2019

Starbucks announced Wednesday (March 20) it is investing $100 million in the new Valor Siren Ventures fund, which aims to invest in the next generation of food and retail startup tech companies. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Opendoor Raises $300M, Reaching $3.8B Valuation
March 20, 2019

Opendoor, the startup that operates an online platform for buying and selling homes, has raised $300 million, giving it a valuation of $3.8 billion. According to a report, it was previously expected the startup would raise $200 million with a valuation of $3.7 billion. Get the...

Global Payments
APEXX Payments Marketplace Debuts In Russia; Citcon Connects With ACCEO For Mobile Payments
March 20, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the debut of global payment marketplace APEXX’s solution in Russia. Citcon is collaborating with ACCEO to enable acceptance of Chinese payment methods WeChat Pay and Alipay, OVO is working with...

Payments Innovation
PFS Cardholders Can Now Make Purchases With Samsung Pay
March 20, 2019

Samsung, the South Korean consumer electronics giant, announced Thursday (March 20) a partnership with Prepaid Financial Services (PFS) to launch Samsung Pay for its branded cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
How Connected Consumers Order Ahead During Their Commutes
March 20, 2019

In the age of smartphones, tablets and voice assistants, the morning or evening commute provides a myriad of opportunities for consumers to interact with the world. Those possibilities also extend to commerce, with connected devices paving the way for new shopping opportunities while consumers are...

Retail
The Taste Of New Mexico In A Subscription Box
March 20, 2019

Entrepreneurs are sometimes inspired to create companies based on a place where they have strong ties: Eric Smith was born as well as raised in New Mexico and co-founded Nuevo Food Box, which offers a subscription box of food highlighting the flavors of the state....

Retail
Armoire And Building A Fashion Brand That Isn’t A Fashion Brand
March 20, 2019

Women spend a lot of time shopping for clothes each year — by some estimates some 200 hours, or about 8.3 days. Interestingly, though, they aren’t wearing all the clothes they spend so much time looking for: about 20 percent of new clothes go immediately...

Retail
Amazon Debuts Private Label Skincare Brand
March 20, 2019

To offer solutions for various skin types, Amazon unveiled a line of skincare products called Belei that come in post-consumer recycled resin bottles. The collection has 12 different items, which range from vitamin C serums to retinol moisturizer, the eCommerce retailer said in an announcement....

Retail
Drinkworks Machine To Offer Cocktails In A K-Cup
March 20, 2019

Amid slowing sales of their core offerings, Anheuser-Busch InBev SA and Keurig Dr Pepper Inc. are looking to tap new areas for growth through a K-Cup machine for cocktails. The Drinkworks drinkmaker machine is coming to Florida, Missouri and California following a test in St....