After raising $37 million in a funding round backed by investors such as Idinvest and Allianz, French lending platform Lendix is eyeing expansion in Europe. The backing will provide a boost to its growth plans in countries such as Germany, TechCrunch reported. Get the Full...
After applying for a banking license in Europe, Revolut plans to apply for one in United States in the near future. Chief Executive Officer Nikolay Storonsky said the startup could apply for a license in California by the end of 2018, Reuters reported. Get the...
Pointing to “disappearing” regulatory issues and satisfaction scores up across the banking industry, JPMorgan Chase chairman and CEO Jamie Dimon said at a conference that the U.S. is in a “golden age of banking,” American Banker reported. Get the Full Story Complete the form to...
With a partnership between TransferWise and Groupe BPCE, customers of the European banking group will be able to use TransferWise’s international money transfer service directly through the company’s app. In addition, TransferWise will have access to the banking group’s 15 million retail clients, Reuters reported. Get...
The sandbox is getting a bit bigger — the regulatory kind, that is. 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....
Following years of U.S. growth, IKEA is reining in its brick-and-mortar expansion efforts: The furniture retailer cancelled planned stores in North Carolina, Tennessee and Arizona. Instead, IKEA is focusing its efforts on eCommerce sales, USA Today reported. Get the Full Story Complete the form to unlock...
Tap to pay. Dip to pay. Smile to pay. Forget reinventing the payments wheel — it seems many innovators are looking to replace it. As bigger names jump on board with their own biometrics-powered payment methods, the novelty factor seems poised to erode into, simply, the...
There are, perhaps, few moments sadder in the life of a wardrobe than when a beloved t-shirt is laid to rest. Maybe the collar is a memory or it is more hole than t-shirt. Whatever the reason, saying goodbye to a t-shirt can be hard....
As meal kits from companies, such as Blue Apron and Plated, begin to appear on supermarket shelves, HelloFresh will soon sell its meal kits in Stop & Shop and Giant Food. The company’s kits will come to just under 600 stores — primarily in the Northeast,...
