Treasury4 has raised $20 million to expand its software platform for treasury and finance practitioners. The company announced its Series A funding — led by WestCap — in a news release Wednesday (Sept. 13), saying the funds would allow it to enhance Entity4, its legal entity management solution,...
Hokodo, a provider of digital trade credit solutions, has joined forces with Fuse, an artificial intelligence (AI)-powered transaction analytics firm, to enhance Hokodo’s credit offering for businesses in the United Kingdom. By leveraging Fuse’s credit risk and income verification tools, Hokodo aims to provide more personalized...
H&M is planning to sell secondhand clothing from its flagship London store. The Swedish apparel retailer will debut its “Pre-Loved” collection of womenswear Oct. 5, the company said in a news release provided to PYMNTS Wednesday (Sept. 13). The move comes as H&M and others...
Birkenstock has filed to go public through an initial public offering (IPO) in New York. The German footwear brand did not specify in its Tuesday (Sept. 12) F-1 filing with the U.S. Securities and Exchange Commission (SEC) the number of shares or the IPO price. The Financial Times (FT) reported Tuesday that...
Sustainability initiatives have ignited a transformative spark across the fashion industry, compelling brands and retailers to realign their strategies with the evolving values of environmentally conscious consumers. While sustainability has permeated various market segments, from apparel and accessories to innovative rental and resale models, one...
Credit platform Versatile Credit has earned the confidence of growth equity firm PSG. The Pennsylvania-based company announced Wednesday (Sept. 13) that it had received a strategic growth investment from PSG, which it will use to expand its go-to-market infrastructure, its relationships with lenders, and move into new...
In the retail banking industry, convenience and trust are two pivotal elements that significantly influence customer satisfaction and the acquisition of new customers. In the report “Credit Union Membership and Credit Profiles,” PYMNTS leverages insights gathered from a survey of over 4,000 U.S. consumers and...
In today’s fast-paced world, gift-giving has become a convenient and versatile practice. Among the many options available, gift cards have emerged as the go-to choice for many. These small, plastic tokens offer a world of possibilities to the recipient, allowing them to choose what they...
The Connecticut Department of Banking has issued new industry guidance regarding the Small Loan Lending and Related Activities Act. These changes in the regulation are set to come into effect on Oct. 1, the regulator said in the document released Monday (Sept. 11). One of the key changes brought...
