Cargo, the startup that allows ridesharing drivers to sell food and beverages inside their vehicle, just landed $5.5 million in venture capital funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Did you know that mania is considered a mental illness? Google Dictionary defines it as a “mental illness marked by periods of great excitement, euphoria, delusions and overactivity.” Among its synonyms are “madness,” “insanity” and “lunacy.” Get the Full Story Complete the form to unlock...
Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. Some are taking an alternate approach to speed up development or add new business lines: They’re simply investing in another company...
The Dow Jones Industrial Average and other stock indexes hit fresh highs on the heels of strong jobs data Thursday (Jan. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if the Federal Reserve raises interest rates and consumers struggle to pay back their auto loans. Get the Full Story Complete the...
Theranos, the struggling blood testing company based in Silicon Valley, has landed a $100 million loan from Fortress Investment Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Need more evidence that the cryptocurrency craze is taking a page from the dotcom boom of the early 1990’s? Check out Long Island Iced Tea Corp., which saw its stock surge Thursday (Dec. 21) after changing its name to Long Blockchain Corp. Get the Full...
JPMorgan Chase is launching a lower-cost online investment management tool this week: the robo-adviser. 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...
Kasisto, the creator of KAI, the conversational artificial intelligence (AI) platform for finance, announced news on Wednesday (Dec. 13) that it raised $17 million in a Series B round of fundraising. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
