In its debut as a publicly traded company, peer-to-peer lending platform Funding Circle opened slightly above its initial offer price of 440 pence at 460 pence a share on Friday (Sept. 28). The original range set by the company for the stock was between 420 and 530...
Following its acquisition of JUMP Bikes, Uber is looking to create its own versions of scooter and bikes. The company is bringing recruiting, supply chain and other staff to southern China to work with scooter and bike manufacturers, Bloomberg reported. Get the Full Story Complete...
Gyms traditionally work on the membership model, requiring monthly or annual commitments from people who work or live near their facilities. But subscription services are taking a different approach to the space, expanding the reach of gyms beyond just locals. Business travelers, for instance, might...
To allow customers to pick up grocery orders, Walmart is proposing a drive-up grocery store in a Chicago suburb. The potential store in the village of Lincolnwood housed a Dominick’s grocery store in the past, the Chicago Tribune reported. Get the Full Story Complete the...
In its first venture investment, Forever 21 is backing fashion subscription start-up DailyLook with venture capital fund Upfront. The firms are leading the $8 million investment, which an Upfront partner said benefits both the retailer and the startup, the Los Angeles Times reported. Get the Full...
eCommerce retailers are blending the online and offline worlds with their latest brick-and-mortar efforts. Amazon, in particular, began its march into the offline world with its first bookstore almost three years ago and has recently opened a series of Amazon Go cashierless C-stores. The retailer’s...
Cryptocurrencies are gaining more attention for a less expected reason: industry players’ interest in working with regulators to smooth out uncertainty in the market. As this happens, crypto startups have landed new funding for their efforts to bridge businesses with related financial services, with backers...
Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of millions of pounds in losses — in just the first half of 2018. Elsewhere, the former CFO of Bankrate gets jail time for accounting...
The number of businesses with integrated enterprise risk management (ERM) programs, technologies and strategies is on the rise. Most businesses surveyed by RIMS in its 2017 ERM Benchmark Survey have either partially or fully integrated their ERM programs, and fewer firms say they have no...
