Stockholm-based startup ArK Kapital has secured an additional 150 million euros (about $153 million) in funding to invest in European technology founders, Tech Funding News reported Friday (July 8). The company now has a capital pool of 300 million euros (about $305 million), according to...
Merchants in Brazil are some of the most innovative in the world, offering a wider range of choice in how their shoppers can shop, pay for and acquire their purchases. In fact, they are above average across six countries PYMNTS studied in offering 15 of...
Organizations face numerous threats concerning B2B payments processing as bad actors look for ways to alter banking information and redirect B2B payments into the wrong account. Accurate assessment of B2B payments fraud vulnerability is essential for strategic fraud defense planning. The “FinTech Risk Management Playbook,”...
On-demand delivery app Waitr has launched a partnership with software logistics delivery provider Burq to drive expansion as Waitr grows from food-only into a broader “deliver anything” model, according to a Friday (July 8) press release. Under the agreement, Waitr powered by ASAP, will start...
Today in retail, EU retailers are trying to combat cart abandonment with choice-based one-click checkout while fast fashion and circular fashion are finding their way to the sustainability runway. Plus, Cabinets.com calls on 3D modeling to help consumers redesign their kitchens from anywhere, and wait...
Brazilian lender Creditas is raising $200 million and buying a bank and a mortgage startup in a move to bolster profitability, according to a Friday (July 8) press release. In an interview with Reuters Friday, Creditas CEO Sergio Furio said his company, which runs an...
Federal Reserve Vice Chair Lael Brainard said it’s time to add some regulatory teeth to the cryptocurrency industry before it becomes so pervasive that it poses financial stability risks, Reuters reported Friday (June 8). While speaking at a Bank of England conference in London, Brainard...
Cyberinsurance company Coalition closed a $250 million Series F funding round last month that has valued the provider at $5 billion, according to a Friday (July 8) press release. Coalition was founded in 2017 and helps more than 160,000 organizations lessen their digital risk as...
It’s inexpensive and looks good just long enough, but fast fashion is taking flak for its environmental impact, potentially making circular fashion the next big thing in apparel. Pushback against fast fashion is taking on legal dimensions starting in the European Union (EU), where the...
