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...
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...
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...
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...
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...
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....
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...
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....
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....