Remove 2011 Remove Marketing Remove Online
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Disrupting The Remittance Market One Corridor At A Time

PYMNTS

It forced customers to look for ways to spend money online and on mobile, which has significantly increased the opportunity for providers such as [Volopa’s newly launched remittance product] Oya ,” Wissema said. Oya is the first step in our plan to expand the business into other markets,” he said. “We and Nigeria. What’s Next.

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Report: Digital Lender SoFi Eyes IPO Via SPAC

PYMNTS

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Because of the pandemic, he said, younger people have begun investing, seeing the market downturns as an opportunity.

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24 Big European Banks Take On Visa, Mastercard With Their Own Payment System

PYMNTS

A so-called “scheme manager” will be the central governing body, the online news service reported. In 2011, PYMNTS reported on the Monnet Project , where two dozen European banks from seven countries considered starting a new European card system. This is not the first time that European banks have tried such a model.

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Grocery Tracker: Food Markets’ Lag In Online Presence

PYMNTS

In other organic grocery news, former Sprouts Farmers Market CEO and current Chairman Doug Sanders is reportedly stepping down from his board position effective Feb. Overall, online retail in the U.S. has seen uninterrupted growth since 2011. Online grocery sales are expected to more than double in the U.S.

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Online Liquidation Enjoys Fresh Growth As More Consumers Embrace Returns

PYMNTS

Online liquidation is nothing new, of course, but it’s gaining force and taking new forms, as the YouTube videos demonstrate. Online liquidation is nothing new, of course, but it’s gaining force and taking new forms, as the YouTube videos demonstrate. More Returns. Groupon Move?

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PetSmart Acquires Leading Online Pet Food Retailer

PYMNTS

PetSmart is boosting its digital offerings through the acquisition of Chewy, the leading online retailer of pet food and products. After the deal is closed, Chewy, which was founded in 2011, will continue to be led by CEO Ryan Cohen and operate primarily as an independent subsidiary of PetSmart.

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DraftKings To Merge, IPO At A $3.3B Market Value

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company said the deal with DraftKings turns it into the “only vertically-integrated pure-play sports betting and online gaming company,” the company said in a release.

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