News

Partnerships / Acquisitions
Brex Taps i2c To Expand, Upgrade Card Features
June 25, 2019

Digital banking and payments processing company i2c has announced that Brex, a corporate card for entrepreneurs and growing businesses, is “leveraging the i2c payment platform to power the next phase of growth and rapid innovation,” according to a release.  Get the Full Story Complete the...

Investments
Digital Manufacturing Platform Carbon Raises $260M
June 25, 2019

Carbon, a digital manufacturing platform, has raised more than $260 million in a funding round led by Baillie Gifford and Madrone Capital Partners, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
India-Based Banking Startup Open Raises $30M To Help SMBs
June 25, 2019

A “neo-bank” startup called Open and based in Bangalore has raised $30 million in a Series B funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Grab Backs UK Startup Splyt Technologies
June 25, 2019

In a move that will extend the reach of its services outside of Southeast Asia, Grab has extended a partnership with Splyt Technologies and invested in the United Kingdom-based startup. Through the technology, Grab users venturing beyond that region can make ride reservations and have...

Partnerships / Acquisitions
P27 Nordic Payments Platform Teams With Mastercard
June 25, 2019

Mastercard and P27 Nordic Payments Platform have teamed up to provide the Nordic market with a real-time and batch payments system, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
India Tells eCommerce Firms To Comply With New Foreign Investment Rules
June 25, 2019

To discourage eCommerce firms from offering hefty discounts, India has told the companies that they have to make sure they are complying with new rules for foreign investment. Commerce Minister Piyush Goyal has said the government is ready to listen to concerns, but is committed...

Retail
Instagram Aims To ‘Unlock’ Value Through Shopping Features
June 25, 2019

Through a long-term vision to take on the desire of users to window shop and amp up retail, Instagram Head Adam Mosseri seeks to “connect the dots thoughtfully” between sellers, shoppers and “influencers” on the app. The idea is to “unlock” value by rolling out...

Retail
Bringing The DTC Model To Baby Strollers With Customization
June 25, 2019

Sometimes a confluence of factors lead to an idea that morphs into a new company in an emerging space. Before Eric Osman started direct-to-consumer (DTC) baby stroller company Mockingbird, he worked for an eCommerce brand and at the same time was noticing a trend. Osman...

Retail
Tapping AI To Build A Better Hair Day
June 25, 2019

Good hair does not come easy — or cheap. According to some estimates, the average woman in the United States will spend about $80 and 11 hours per month on getting a good hair day going. Over the course of a lifetime, most women will...