News

Investments
SoftBank Invests $300M In Wag
January 31, 2018

Wag Labs, a startup that connects dog walkers with dog owners through an app, is receiving $300 million in funds from SoftBank’s Vision Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Delivery
Self-Driving Delivery Robot Startup Nuro Raises $92M
January 31, 2018

Nuro, the robot delivery startup created by two former self-driving car engineers for Google, Dave Ferguson and Jiajun “JZ” Zhu, have raised $92 million in funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
Walmart Eyes Stake In India’s Flipkart
January 31, 2018

Walmart could be preparing to take its rivalry with Amazon in India to the next level by acquiring a minority stake in Flipkart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Amex Buys AI Travel App Mezi
January 31, 2018

American Express announced Tuesday (Jan. 30) that it has acquired Mezi, the personal travel assistant app that helps people plan and book their trips. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
NEA Leads $21M Round In Drop
January 31, 2018

Toronto-based startup Drop, which operates an app giving consumers points for their transactions, has raised $21 million in venture funding. According to a TechCrunch report, the Series A fundraising round was led by Rick Yang, a partner at New Enterprise Associates (NEA). Get the Full Story...

Partnerships / Acquisitions
Goldman Sachs Acquires Card Startup Final
January 31, 2018

Goldman Sachs will be purchasing Oakland-based credit card startup Final as part of an acquihire plan. According to Fast Company reports, the new talent coming on board will be used as part of the bank’s attempted expansion into consumer-facing products. Get the Full Story Complete...

Partnerships / Acquisitions
i2C Partners With Payfare To Pay Gig Workers
January 30, 2018

Global payments company i2c announced news on Tuesday (Jan. 30) that it inked a deal with Payfare, a provider of mobile banking and micro-lending, in which Payfare will use i2c’s Agile Processing payments platform. Get the Full Story Complete the form to unlock this article and...

Regulation
SEC Halts Texas Financial Firm’s ‘Illegal’ ICO
January 30, 2018

In an effort to stop an “illegal offering of securities,” the U.S. Securities and Exchange Commission (SEC) has filed a complaint against a Dallas-based financial firm seeking to launch what might be the largest initial coin offering (ICO) in history. In addition, the agency was...

Retail
The High-Touch Digital Future Convenience Commerce According To 7-Eleven
January 30, 2018

Amazon’s entry into a new market is rarely considered good news in the world of retail. 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...