News

Blockchain / Distributed Ledger
Multicoin Gets Backing From Marc Andreessen, Other Big Name Investors
March 09, 2018

Multicoin Capital, a U.S.-based asset management firm focused on cryptocurrencies, raised money in a round of funding that included a bunch of big-name investors and institutional investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Boxed Says ‘No Thanks’ To Kroger’s $400M Offer
March 09, 2018

After reportedly turning down Kroger’s $400 million acquisition offer, Boxed plans to seek a new funding round to stay private, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross Border Commerce
BlueVine Teams With Veem For Cross-Border Payments
March 09, 2018

BlueVine, the provider of working capital to small business (SMB) owners, announced news on Thursday (March 8) that it has inked a deal with Veem, the cross-border payments company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Kroger’s Stock Plummets On Gross Margin Guidance
March 09, 2018

Kroger, the supermarket operator, saw its stock tank in what is the largest sell-off of shares in months over declining gross margins for its fiscal fourth quarter. According to a report in MarketWatch, shares of Kroger declined more than 12% in trading Thursday (March 8),...

Partnerships / Acquisitions
Stripe Moves In-Store With Index Acquisition
March 09, 2018

Stripe, the $9 billion payments processing startup, has acquired point-of-sale (POS) software developer Index. 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...

CFPB
CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
March 09, 2018

The Consumer Financial Protection Bureau (CFPB) introduced a final rule on Thursday (March 8) that it said will help mortgage servicers communicate with borrowers who are facing bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross Border Commerce
Volvo Aims To Ease X-Border Vehicle Leasing Pain
March 09, 2018

One million international students come to the U.S. to study each year, and those who want to buy a car get a lesson in cross-border payments friction. Payments are often made with cash and, upon graduation, their parents must sell the vehicle from halfway across...

Investments
Blockchain Startup Bitt Gets $3M Investment From Medici
March 08, 2018

Blockchain startup Bitt announced that it has received an additional $3 million in funding from Overstock’s venture capital subsidiary, Medici Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Atom Tickets Raises $60M; Adds Fidelity As Investor
March 08, 2018

Atom Tickets, the movie ticket app, announced news on Thursday (March 8) that it closed a Series C round of funding, raising more than $60 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...