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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

PYMNTS

million, an increase of 28 percent since 2010,” according to The International Health, Racquet & Sportsclub Association (IHRSA). Major brands like Apple and Peloton have the resources to provide unique fitness experiences featuring instructors that achieve celebrity status. In 2019, U.S. billion visits for the year.”.

Exercises 206
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Amazon Starts Selling Sustainable Diapers

PYMNTS

Amazon has launched a diaper brand called Earth + Eden , a premium brand that reportedly will compete with similar products from the likes of The Honest Company. Amazons said Earth + Eden is an “exclusive” brand for the eCommerce operator — and not a private brand from Amazon. each (size 1) to $0.51

Branding 139
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UK’s Metro Bank To Buy P2P Lender RateSetter For At Least $3.27M

PYMNTS

Metro Bank will operate RateSetter as an independent entity and make loans under both its and Metro Bank brands. RateSetter, founded in 2010, said it is “the U.K.’s Those are: £500,000 will be paid one year after the deal closes and £9 million after three years, if RateSetter, also based in London, meets the criteria.

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Grab And Gojek Reportedly Closing In On Mega-Merger 

PYMNTS

The two entities could also operate independently under their own brand names for an undetermined amount of time, the sources said. Gojek, founded in 2010 by Kevin Aluwi, Michaelangelo Moran and Nadiem Makarim, has been valued at $10 billion and operates across Indonesia, Singapore, the Philippines, Thailand and Vietnam. .

Report 130
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Creative Group FinTech Lands $25M To Expand Into 30 Countries

PYMNTS

Founded in 2010, Creative Group enables customers to digitally buy or send prepaid credit to spend with their favorite brands, as well as to send cross-border credit remittances. We are an official digital distributor for some of the world’s most powerful brands,” said Günther Vogelpoel, CEO of Creative Group. “We

Groups 151
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CoverHound Raises $58M For Expansion Of Insurance Platform

PYMNTS

CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. Since its launch in the early part of 2010, CoverHound has raised more than $122 million. The future of digital insurance distribution will continually shift to more non-traditional insurance brands.

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CPG Brands Tackle The Sharing Economy

CB Insights

Investors have poured billions of dollars into the so-called sharing economy since 2010. CPG brands need to go to shoppers, rather than waiting around for shoppers to come to them. We see room for CPG brands to grow through: Home-sharing — Airbnb boasts roughly 5M home listings across 18K cities.