Welcome to Five at Five, your late look at today’s payments and commerce news. Coverage includes a look at the newest feature connected to Amazon Prime, along with new funding, and a new hire, for a digital job search firm. Two other stories bring you up to date on the latest in online vehicles and regulations, while another company defends its cashless plans.
Amazon Rolls out Prime Wardrobe to US Prime Members
Following a beta accessible by invitation only, Amazon is rolling out Prime Wardrobe to all of its U.S. Prime customers. An executive with Amazon said the idea behind the service was to take the “pain points” out of shopping.
Hired Raises $30M in New Round of Funding
The job search company has raised a total of $130 million in funding. Hired said it brought on John Kelly as senior vice president of revenue to oversee its revenue goals and a new subscription service it is launching.
Carvana Opens Largest Car Vending Machine in Tempe
Carvana said the machine stands nine stories high, is all glass and holds as many as 34 vehicles. It’s the third car vending machine launch in June, with Tempe being the 12th location.
Regulators Eye P2P Car-Sharing Platforms
Peer-to-peer car-sharing services might soon face the same regulation as traditional car rental companies.
Shake Shack Founders Stand by Cashless Move
The company decided to go cashless for safety reasons, as well as improved efficiency for customers.
We’re always on the lookout for opportunities to partner with innovators and disruptors.
Learn More