While there’s no shortage of non-bank innovators, Continental Advisor’s Paul Purcell describes the innovation coming from those players as “starved.” But is the tide changing? Pro-consumer lending platform Cumulus just landed a $30 million Series A to launch a product that turns the category on...
On-demand meal, clothing and everything else delivery is startup culture’s latest boom market, and with so many new players throwing their hats and temperature-controlled carrier bags into the ring, it’s becoming harder and harder for established companies to keep their head start. Get the Full...
The United Kingdom-based FinTech firm GoCardless — which, as its name implies, offers technology to enable payments without, well, cards — has snagged a fresh $13 million from its latest financing round. Get the Full Story Complete the form to unlock this article and enjoy...
In the era of tokenization, encryption, device forensics and pattern recognition technologies, hacks are getting harder. Which is not to say cybercriminals are en masse throwing down their keyboards and settling into new careers selling Ginsu knives. Get the Full Story Complete the form to unlock this...
Venture-funded identity firm Jumio has officially filed for bankruptcy. 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. By completing this form,...
Cumulus Funding, a consumer finance company specializing in providing Income Share Agreements (“ISAs”) to individuals seeking a more flexible consumer finance alternative, has announced a major funding round today (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A year or so ago, it seemed the Uber of everything was entering the marketplace and capturing VC dollars. The conventional wisdom is that with a smartphone, anything could be a click a way — no matter what one wanted that anything to do. Suddenly...
Intel is looking to sell off at least part of its venture capital unit in a deal that could be worth as much as $1 billion, reported Bloomberg, citing sources familiar with the company’s intentions. Get the Full Story Complete the form to unlock this article...
“Is the American Express business model fundamentally broken? I can tell you with complete confidence: That answer here is no.” So said company Chief Executive Officer Ken Chenault during the firm’s investor day on Thursday (March 10). Get the Full Story Complete the form to...
