Jeremy Allaire’s bitcoin startup Circle has just secured $50 million in funding from Goldman Sachs and IDG Capital Partners, the company reported on its blog yesterday (April 29). Goldman and IDG join previous Circle investors Breyer Capital, General Catalyst Partners, Accel Partners, Oak Investment Partners, Fenway...
Lyst is now $40 million richer and ready to expand into the international arena at the conclusion of its latest funding round, Fortune reported today (April 30). The eCommerce site can now count Groupe Arnault, the investment firm controlled by LVMH CEO Bernard Arnault, among its...
Every payments executive with a mobile payments app that he/she wants to put in market wants to know the answer to the million (or perhaps billion) dollar question: What will make consumers use it regularly? Get the Full Story Complete the form to unlock this...
Coinbase, the U.S.-based digital currency startup, announced yesterday (April 29) that it is expanding its presence into the U.K. 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...
In a strong first quarter that produced a 17 percent net income increase to $1 billion, MasterCard CEO Ajay Banga focused his comments during the company’s call with analysts on key payments metrics as it continues down its path to global expansion with its growing merchant base....
The conversations in mobile payments have largely been about ways to create faster, more secure, easier payment options. But Amit Jhas, CEO of Lucova, an in-store mobile commerce platform company, says there’s one giant missing element that hasn’t often been part of the buzz. That...
While Yelp has always been vague about how it plans to monetize the platform — outside of advertising dollars — what it appears is helping Yelp grow most is acquisitions of other companies that help Yelp be a more engaging, consumer-friendly and restaurant-friendly product. Get...
PayPal has added another online ordering platform to its list that will accept the payments system, as Tillster — a provider of digital ordering and engagement products and services for the restaurant industry — announced yesterday that the two have formed a partnership. Get the...
So what does the most highly valued and buzzed about startup in the world do? Well, if you’re Uber, you decide to start racing with the big boys over at Amazon and Google in the same-day delivery race. Get the Full Story Complete the form...
