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investments
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797Artificial Intelligenceletgo CEO: How AI Helps Reinvent The Secondhand Marketplace
It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it. But make the decision and letgo helps people,...
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729RetailSears CEO’s Hedge Fund Seeks To Buy Kenmore For $400M
In a formal proposal, ESL Investments said it was seeking to purchase Sears Holdings’ Kenmore brand, as well as the retailer’s home...
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352RegulationSEC: Financial Advisor Ameriprise To Pay $4.5M Fine
The U.S. Securities and Exchange Commission (SEC) announced, according to Reuters, that it has charged Ameriprise Financial, a registered investment advisor and broker-dealer,...
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1.2KRetailWhy Corona’s Parent Company Is Investing In Cannabis
Constellation Brands is not a household name, but the intoxicants it stands behind sure are — Robert Mondavi wine, Corona beer and...
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1.5KCryptocurrencyICO Investors Fall For Exit Scams, Phishing
The founder of crypto startup Savedroid, which just raised $50 million in an initial coin offering (ICO), posted two photos on his Twitter...
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1.4KCryptocurrencyCryptocurrencies Are 70 Percent Lower Than January Highs
Cryptocurrency is trading 70 percent lower than January highs amid frustration on the part of investors that it has taken off as...
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1.1KToday In DataToday In Data: Unlocking The Global Power Of Payments
While mobile payments did quite explode onto the scene in the ways forecast, the power of payments to power platforms is rapidly changing the...
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1.1KB2B PaymentsBottomline Reports 20 Percent Growth In Q4
Business payments company Bottomline Technologies reported financial results for the fourth quarter, as its fiscal year ended June 30. The results showed subscription and...
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1.8KPayments InnovationPayments’ Stranger Things
The payments world could very well be living in the Upside Down. The Upside Down is the fictional parallel universe controlled by...
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919IPOCrypto Chip Maker Bitmain Eyes $18B IPO
Bitmain, the world’s largest producer of cryptocurrency mining chips, is planning to file for an initial public offering (IPO) in September, which...
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2.4KMobile CommerceThe Coming Consolidation Of Marketplaces
The tremendous push toward marketplaces and commerce platforms over the last several years really comes down to capturing a single moment in...
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1.1KB2B PaymentsChina Corporate Bond Defaults Balloon, Complicating Debt Picture
As China continues to weigh how to approach rising corporate debt, new data reveals rising corporate bond defaults this year, according to...
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537B2B PaymentsCPOs Struggle To Prove Themselves A Strategic Asset To The Enterprise
Chief procurement officers (CPO), like many members of the C-Suite, are embracing their evolving roles of greater strategic importance within the enterprise....
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1.2KArtificial IntelligenceSamsung To Invest $22B In New Growth Areas Including AI
Samsung Group, the South Korean consumer electronics company, is gearing up to spend $22 billion on advanced technologies as it seeks new...
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1.2KInvestmentsEven Financial Lands $18.8M In Venture Funding
Even Financial, a FinTech company focused on the consumer financial services ecosystem, announced on Tuesday (Aug. 7) that it raised $18.8 million...
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1.8KAlternative FinancesBarclays Business Banking CEO On Solving SMB’s Big Receivables’ Problem
Ironically, as the global economy has gotten stronger, payment cycles between buyers and suppliers have gotten longer. What was once an average of...
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1.8KInnovationFor FI Innovation In LatAm, Think VC, Not PE
A little tech goes a long way, in getting banking customers to make the switch from paper to digital. But loyalty can...
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1.1KB2B PaymentsInvestors Back CloudTrade’s eInvoicing Tech
Electronic invoice processing firm CloudTrade has announced the completion of its first investment round, securing £2 million ($2,621,936 USD) from Calculus Capital....
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2.8KInvestmentsFlywire CEO On $100M Capital Raise
The definition of a really good day: Raise $100 million led by a company that not only has obviously deep pockets, but...
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3.1KPayment MethodsFlywire Raises $100M To Expand Into New Markets
Flywire, the payment company for businesses and institutions, announced on Thursday (July 26) that it has raised $100M in new venture funding....
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2.2KDigital PaymentsPaidy Tries To Simplify Mobile Payments — And Please Merchants While Doing So
A consumer can own multiple credit cards and live in a highly technological society and still want to pay via a method...
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2.9KCryptocurrencyThe Rippling Debate Over “Security” Whipsaws XRP Token
Is Ripple – specifically the XRP token – the platypus of the crypto world? Turns out the debate over whether it is...
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1.7KB2B PaymentsTesla Wants Money Back From Suppliers To Turn A Profit
Automaker Tesla Inc. is reportedly seeking partial refunds from suppliers it’s already paid in an effort to become profitable more quickly, according...
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1.7KAPIAPIs, Patents In Banks’ Sights Amid Race For Speed, Services
The sea change that is afoot in financial services is drawing a bead on APIs, as a new Citi report notes. Patents...
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1.4KToday In DataToday In Data: The Many Roads To Making Consumers Feel Secure
Security is a complicated and thorny topic in payments and commerce, because it means different things to different consumers. The most obvious...
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2.0KInvestmentsEasy Come, Easy ICO Go? For Investors, Easy Come … For Now
Flameouts. Scams. Investors who tread among ICOs are taking their shots in the Wild West. Only a minority of ICOs make it into...
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1.9KGlobal PaymentsTrueLayer Secures $7.5M In Funding; United Overseas Bank Teams Up With Razer
Welcome to The Axis, your late look at payments news from around the world. Coverage includes United Overseas Bank Limited (UOB) and...
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2.1KInvestmentsEven Snaps Up $40M In Funding
For the more than 170 million Americans who live paycheck to paycheck — three-quarters of all American workers, according to a recent...
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2.2KB2B PaymentsInvestments, Blockchain Dominate Payments Infrastructure Headlines
If dog days of summer are upon us, payments infrastructure deals and initiatives show little torpor from the heat. To that end,...
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1.2KRetailHow Headout Is Making The Spontaneous Schedulable
Vacations are supposed to be fun and relaxing – the dozens of “think pieces” generated in early summer each year about the...
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1.9KGlobal PaymentsGlint Plans Expansion To US, Tata Capital Launches Working Capital Platform
Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.K.-based Callcredit’s upcoming name change to TransUnion....
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2.0KInvestmentsPaidy Raises $55M In Round Of Funding
Paidy, the company that instantly issues post-pay credit accounts linked to mobile phone numbers, announced on Thursday (July 12) that it raised $55...
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2.4KNewsFive At Five: Walmart’s New Plan To Win Over NYC
Welcome to Five at Five, your late look at some of the main payments and commerce news of the day. Coverage includes...
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1.8KHealthcareHealth Services Firm higi Scoops Up $21.3 Million For Modern Healthcare Systems
The Chicago-based population health services firm higi – which focuses on consumer-centric, data-driven engagement solutions for providers, payers, retailers and self-insured employers –...
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2.3KPartnerships / AcquisitionsPayPal CEO Says $3B/Year Earmarked For Acquisitions
PayPal is planning for further acquisitions, setting aside up to $3 billion a year for future deals. “We have a healthy balance...
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2.6KInvestmentsPaySend Raises $20M In Venture Funding To Fuel Expansion
PaySend, the global payments company, announced on Tuesday (July 3) that it closed a $20 million funding round. In a press release,...
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2.0KToday In DataInvesting In The Future As It Unfolds
Here is a quick survey of the world of payments, commerce, financial services and financial technology at the mid-point of 2018. Everyone...
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2.0KMarket ConditionsIPOs Make Comeback With $35.2B So Far In 2018
With 120 companies using initial public offerings (IPOs) to raise more than $35 billion on U.S. exchanges, companies are raising capital through...
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2.2KInvestmentsDespite Regulation, ICOs Raise Nearly $12B Through May
Despite a regulation crackdown and other issues, investors have continued to fund cryptocurrency startups in 2018, with ICOs raising $11.8 billion this...
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5.2KInvestmentsFinding The Investable Needles In The Startup Haystack
When it comes to financial services and financial technology startups, making the right investment decisions is not easy or obvious work. Thousands...
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1.7KStartup Check-InAvidXchange: Crossing The Western Frontier
What do Charlotte, NC, and Salt Lake City, Utah, have in common? A lot, if you ask AvidXchange CEO Michael Praeger — which...
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1.2KRetailSupermercato24 Notches €13M In Series B Funding
As Supermercato24 seeks to expand its service to new retail markets, the Italian grocery delivery service has raised €13 million in Series...
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4.3KInvestmentsGoldman Sachs Employees’ Second Job: Venture Capitalists
The bankers at Goldman Sachs have been moonlighting as venture capitalists, investing in many startups that eventually became household names and overseeing...
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5.6KBitcoinCrypto-Backing Hedge Funds See Negative Returns
Hedge funds investing in cryptocurrencies are seeing returns fall, with digital coins down by 35 percent so far this year. According to...
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2.6KGoogleGoogle To Invest $550M In JD.com For 1 Percent Stake
Google, aiming to boost its presence in Asian markets that are seeing fast growth, is investing $550 million in JD.com, the Chinese...
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2.8KInvestmentsIn IPO Debut, Adyen Valuation Jumps Nearly 90 Percent
The FinTech rally comes to the Street. Well, at least for one firm, which had an IPO this week – and that...
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1.5KInvestmentsDigital Realtor Opendoor Grabs $325M, Eyes Expansion
With the completion of a $325 million “mega-round,” online real estate firm Opendoor is now valued at over $2 billion, a source...
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1.7KArtificial IntelligenceSamsung NEXT Launches Fund For AI Startups
Samsung NEXT has announced the launch of Samsung NEXT Q Fund to fund startups involved in artificial intelligence (AI). Q Fund will provide...
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1.4KRetailLOLA Raises $24M For Tampon Subscription Service
LOLA, a subscription service for the most personal of items — tampons, pads, condoms, lubricant and feminine cleansing wipes — has closed...
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2.4KInvestmentsClaroty Raises $60M In A New Round Of Venture Funding
Claroty, the cybersecurity company for industrial control networks, announced on Monday (June 11) that a syndicate of investors, including industrial operators and control...
