TreasurySpring has secured $29 million to grow its fixed-term fund (FTF) platform. The firm plans to increase its headcount by 50%, adding to its product, sales and marketing teams; develop its products and services; and accelerate its international expansion, according to a Monday (June 26) press release. The...
China’s lifting of COVID restrictions has reportedly not been enough to support consumer spending. Domestic travel spending remains 16% below pre-pandemic levels, home sales are slower than normal and car sales have fallen 6% short of where they were a year ago, Bloomberg reported Monday (June 26)....
Home health company Amedisys has agreed to a $3.3 billion merger with UnitedHealth Group. The deal calls for the acquisition of Amedisys’ outstanding common stock in an all-cash transaction for $101 per share and places Amedisys under the umbrella of UnitedHealth’s Optum arm, according to a Monday (June 26) press...
Onramp is now offering financing solutions to eCommerce sellers on Walmart Marketplace. The eCommerce lending platform’s integration with the marketplace enables it to offer growth capital funding to sellers with repayment terms that align with their online sales, Onramp said in a Monday (June 26)...
Retail platform Leap has raised $15 million to help brands better manage their retail operations. The company announced the new funding last week, saying it would help Leap enhance its platform and speed up its journey to profitability. “Now more than ever, brands want immersive retail stores to connect...
Brands, retailers, and solution providers are increasingly focusing on loyalty programs to not only encourage repeat purchases but also gather valuable, first-party data. However, it remains crucial to determine whether these opportunities effectively resonate with customers. Also, it is important to assess whether loyalty programs...
Despite it being a ghost town in IPOville, Oddity, a beauty and technology company responsible for managing brands like Il Makiage and Spoiled Child, has submitted its application to become a publicly traded company. The decision is noteworthy not only because initial public offerings (IPOs)...
Amazon is reportedly planning to recruit small businesses to boost its last-mile delivery efforts. The project — happening in 23 states — will involve a range of small businesses, including clothing stores, florists and bodegas, Axios reported Monday (June 26). Beryl Tomay, vice president of...
Loyalty is about knowing and rewarding customers, and the more intimate the purchase, the more you need to know about personalization. Speaking with PYMNTS for the “Summer Loyalty Series” sponsored by Banyan, Eugen Neiculescu, chief experience officer at direct-to-consumer (D2C) lingerie brand Adore Me, said...
