Goldman Sachs, the Wall Street investment firm, rolled out its consumer bank Marcus in the U.K. Thursday (Aug. 23) offering what the Financial Times said is the highest interest rate in the country to lure new customers its way. According to a report in the...
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Event ticketing service Eventbrite has announced its plans to raise up to $200 million in an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a look at the latest development in the battle between Walmart and Amazon, and the latest GDPR compliance trends. As well, there is news about a potential...
Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures, Atomic, Founders Fund, Cherubic Ventures and Wing Ventures, as well as a $50 million debt facility. Get the Full Story Complete the form...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes ThinkSmart Europe Limited‘s sale of ClearPay shares to Australia’s Afterpay Touch Group Limited. In addition, The Financial Conduct Authority (FCA) has given U.K.-based Wirex an eMoney license, and the Sainsbury’s supermarket...
With brick-and-mortar retailers closing hundreds of stores, the future of the mall has looked bleak. But some say tales of its impending death have been exaggerated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
To help get back to its “food with integrity” roots, Chipotle Mexican Grill has unveiled an accelerator program. The effort, in conjunction with Uncharted and called the Chipotle Aluminaries Project, will work with up to eight ventures in areas such as agriculture technology and alternative...
Months after Sears Holdings Corp. announced that it would shutter 72 more stores as a result of falling sales, the retailer has announced another round of store closures. Sears plans to close 46 more stores this fall in the U.S., CNBC reported. Get the Full...
