News

Investments
Venture Capital Disruptor Clearbanc Raises $50M
July 31, 2019

Clearbanc, a company that provides a funding alternative to traditional venture capital outfits, has raised another $50 million in an equity investment, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
WeWork Eyes SaaS SpaceIQ Acquisition Pre-IPO
July 31, 2019

Initial public offering (IPO) talks continue for co-working company WeWork as it moves to acquire software startup SpaceIQ, people familiar with the matter told CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Italian Bank UniCredit To Investigate Capital One Data Hack
July 31, 2019

One of Italy’s most well-known banks, UniCredit, said that it was going to start its own probe into the Capital One data breach, according to Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Ethiopia Softens Banking Rules To Boost Foreign Exchange Reserves
July 31, 2019

Ethiopia has softened its banking rules and opened up the financial space in the country to about five million citizens who have changed to other nationalities, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Goldman Leads $135M Funding Round For Photo Editing App
July 31, 2019

Goldman Sachs is leading $135 million in Series C funding for the parent company of popular paid photo editing app Facetune, TechCrunch reported on Wednesday (July 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Creating A Counterfeit-Proof Sneaker Marketplace
July 31, 2019

New startups working with venture investors get all kinds of advice; some very good, some not so much. But GOAT Co-Founder Eddy Lu probably got some of the most memorable advice from one of his investors in the aftermath of a Black Friday 2015 meltdown,...

Retail
When Delivery Meets Farm-To-Table Produce And Artisanal Goods
July 31, 2019

To offer local goods and artisan goods through the help of eCommerce, online platforms are connecting consumers with producers. Take Florida’s Front Porch Pickings, which Owner Amie Keslar told PYMNTS in an interview is a “farm-to-table delivery service” that sends out produce and artisanal goods....

Retail
Amazon Unveils Personal Shopping Service
July 31, 2019

To provide consumers with fashion advice, Amazon has debuted Personal Shopper by Prime Wardrobe. The new service offers recommendations for clothes as well as accessories that personal shoppers curate, Geek Wire reported. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
FIS Closes Acquisition Of Worldpay
July 31, 2019

In a move that enhances its global technology position serving merchants, banks and capital markets, FIS closed its acquisition of global payments firm Worldpay, Inc. The combined company will have over 55,000 employees and more than $12 billion in pro forma revenue, according to an...