Startups

Startups
Essential Products To Lay Off 30 Percent Of Its Workforce
October 18, 2018

Essential Products, the smartphone startup founded by Andy Rubin, the creator of Android, is slashing its workforce by around 30 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Startups
Homesharing Website Wimdu To Shut Down At End Of Year
September 27, 2018

Wimdu, the homesharing startup that was launched out of the Berlin-based Rocket Internet startup incubator and took a page from Airbnb, is to shut down this year, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Startups
SEBA Crypto Raises $103M To Open A Cryptocurrency Bank
September 27, 2018

SEBA Crypto, the Swiss startup building a cryptocurrency bank, has raised $103 million from investors including BlackRiver Asset Management and Summer Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Startups
Taxify Rolls Out Scooter Sharing Service In Paris
September 06, 2018

Taxify, the Estonian-based ride-hailing company, is launching a new brand of e-scooters, dubbed Bolt. 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....

Startups
China VCs Pouring Billions Into Silicon Valley Startups
July 18, 2018

Chinese venture capitalists have been throwing money at Silicon Valley startups to the tune of $2.4 billion from the start of the year through May. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Startups
The 83-Year-Old Startup Quietly Powering Travel Payments
July 16, 2018

Say hello to the payments industry’s 83-year-old startup. That would be UATP (Universal Air Travel Plan), the oldest payment scheme in the world, founded by American Airlines in 1936. In fact, President, CEO & Chairman of UATP Ralph Kaiser told Karen Webster in this week’s edition...

Startups
Brex Raises VC Funding As It Launches Card For Startups
June 19, 2018

Brex, the FinTech startup, announced Tuesday (June 19) that it closed a Series B round of financing, bringing the company’s total funding to $57 million. According to a company blog, Brex said the investors in this round of fundraising included Y Combinator Continuity, PayPal Founders...

Startups
Scooters Vs. Bikes: Who’s Winning This Week?
June 13, 2018

It’s not exactly Ali vs. Foreman — or Anakin vs. Obi Wan, if you prefer. Yet, when it comes to the next big thing in mobility-as-a-service, the scooter-vs.-bicycle storyline is getting interesting. Get the Full Story Complete the form to unlock this article and enjoy...

Startups
Why The World Needs Artisanal Marshmallows
May 29, 2018

If one were trying to come up with the most millennial-sounding product imaginable, it would be hard to do much better than an artisanal marshmallow. It’s so millennial-sounding, in fact, that it could almost pass for a derogatory euphemism for those born during the last...