Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy...
Short-term business housing is, in general, not renowned for its beauty or excitement — which is likely why Airbnb’s investment in Lyric last month seemed like something of an outside entry path into the hotel industry the firm was launched to disrupt. Get the Full...
To change the way consumers buy home cleaning products, eCommerce companies are allowing consumers to purchase eco-friendly concentrates through the refill business model. Truman’s Co-Founder Alex Reed told PYMNTS in an interview that the direct-to-consumer (DTC) business model has “changed the landscape of a number of...
L’Oréal’s virtual reality business ModiFace will be working with Amazon to provide makeup testing technology, according to an announcement from the French beauty powerhouse. The tech will allow customers to virtually “try on” lipstick using mobile phone videos or pictures. It will work with multiple...
Mercedes-Benz has announced it is celebrating the one-year anniversary of its luxury vehicle subscription service by expanding the program to Atlanta, Georgia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Germany-based digital small business bank Penta has announced its new chief executive officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The corporate restructuring of struggling retailer Sears continues, with hedge fund owner Edward Lampert reaching a deal this week to combine Sears Hometown with Sears and Kmart. But the fallout for B2B vendors of Sears resulting from the company’s financial struggles continues under the radar....
China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank Bank of Jinzhou. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Of all of the back-office financial operations of a small business, payroll is one that is evolving perhaps the most dramatically, and quickly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
