PYMNTS

JANUARY 20, 2021

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Birkenstock Discusses Potential Sale With CVC Capital Partners. Birkenstock is reportedly in talks for a sale to CVC Capital Partners.

Retail 239

Retail Google Capital Branding 239

PYMNTS

JUNE 20, 2017

unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K. We saw an opportunity for us to help and set about making PayPal Working Capital a reality.”. PayPal U.K.

Capital 108

Capital Innovation Course Tools 108

PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based billion in 2015. But digital channels will help more small business gain capital, according to the statement. communities.”.

Lending 103

Lending Online Community Washington 103

Bank Innovation

JULY 7, 2016

2016 will likely see less investment in bitcoin and blockchain technology, but that is true for many other areas, as well. This year to date has seen $161 million invested so far, while 2015 saw a total of Read More. As the summer heats up, blockchain hype may (finally) be cooling down.

blockchain 210

blockchain Bitcoin Technology Operations 210

PYMNTS

AUGUST 22, 2017

Venture capital may be drying up for some alternative lenders, but small business lending platform Capital Float is continuing its funding spree with an additional $45 million. 21) led by Ribbit Capital, based in Silicon Valley. Earlier this year, Capital Float announced a much smaller funding round to the tune of $2.3

Capital 101

Capital Lending Course Industry 101

PYMNTS

AUGUST 11, 2020

Revolut , one of the biggest players in the crowded financial technology (FinTech) sector, has yet to make a profit. Other investors included Menlo Park, California-based TCV and Index Ventures , the global venture capital firm with dual headquarters in San Francisco and London, along with half a dozen others. million (£106.5

San Francisco 239

San Francisco Fintech Digital Banking California 239

PYMNTS

JANUARY 25, 2019

Based in Switzerland, KiWi offers a digital platform for small businesses (SMBs) to accept electronic payments via mobile point-of-sale (POS) technology, while also bridging those merchants to financing. million raised for its solution, which KiWi said will be used to focus on growth in Mexico, where it has been operating since 2015.

Fintech 192

Fintech Capital Management Cards 192

PYMNTS

MARCH 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.

Fintech 201

Fintech Capital Groups ATM 201

PYMNTS

JULY 24, 2020

Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others. Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

JANUARY 19, 2018

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. As such, automakers are hitting the venture capital highway in droves. The number of automaker-backed investments seems to have skyrocketed overnight.

Capital 109

Capital Las Vegas San Jose California 109

PYMNTS

JUNE 18, 2020

Founded 80 years ago, the Boise, Idaho, chain has been owned for the past 14 years by private equity firm Cerberus Capital Management, according to Supermarket News , which first reported the IPO in March. Albertsons Cos., the nation’s second-largest supermarket chain, is preparing for an initial public offering (IPO), according to a U.S.

Idaho 197

Idaho New York Security Report 197

PYMNTS

MAY 22, 2018

Emergence Capital has raised a $435 million fund to invest in companies that use artificial intelligence (AI) to help people increase their work productivity. Founded in 2003, San Francisco-based Emergence’s early thematic investments were in SaaS and industry-focused Cloud companies, as well as in technology for field and remote workers.

Capital 100

Capital San Francisco Software US 100

PYMNTS

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. million write-off across eight of its portfolio platforms last year, which the firm attributed to challenges related to obtaining growth capital. Further, GLI Finance revealed a $25.93

Lending 190

Lending Capital Fintech Security 190

PYMNTS

JUNE 24, 2016

In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we head back to Europe to explore Germany’s “startup capital” and learn about the thriving ecosystem where a new startup is born every 20 minutes. . In 2015, Deutsche Startup Monitor found that a third of startups in Germany reside in Berlin.

Capital 113

Capital Conference Innovation Fintech 113

PYMNTS

JULY 21, 2020

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). billion) in venture capital and the market has been estimated to have grown by nearly 70 percent since 2015.

Fintech 174

Fintech Ohio Financial Technology Innovation 174

PYMNTS

FEBRUARY 7, 2017

Plaid Technologies, a startup that helps FinTechs like Venmo and Lending Club access their customers’ bank accounts, has raised $44 million in a Series B round of venture capital funding. According to a report , the venture units of Citi and Amex took part in the latest round of fundraising.

Technology 100

Technology Tools Fintech Analytics 100

PYMNTS

AUGUST 13, 2019

The cross-border investment and asset management firm China Everbright Limited is leading a $283 million Series C1 funding round for Terminus Technologies, Deal Street Asia reported on Tuesday (Aug. Artificial intelligence provider Terminus Technologies will use the money for further development and additional staffing.

Technology 100

Technology America Data Management 100

PYMNTS

JANUARY 4, 2017

Canadian financial technology companies backed by venture capitalists reached a level not seen in nearly two decades, despite a slowdown of investment dollars flowing into FinTechs in the U.S. Citing data from PitchBook, Reuters reported venture capital financing of Canadian FinTechs was $137.7 million in 2016. In 2000, it was $7.3

Fintech 159

Fintech Capital Report Financial Technology 159

PYMNTS

AUGUST 27, 2019

Menlo Park-based Enjoy Technology , the eCommerce startup led by Ron Johnson, former VP of retail operations for Apple, has raised an additional $150 million in Series C funding, TechCrunch reported on Tuesday (Aug. Prior investors include Riverwood Capital, Stamos Capital, Kleiner Perkins, Highland Capital and Oak Capital Management.

Apple 116

Apple Capital Technology Retail 116

PYMNTS

JANUARY 27, 2021

million shares of its common stock, and private equity backer Parthenon Capital Partners is selling 5.59 He wrote that building and using technology to garner customer satisfaction and loyalty are what sets his company apart. The company is offering 9.41 million of its shares, for a combined 15 million shares.

Marketing 182

Marketing Capital Branding Company 182

PYMNTS

SEPTEMBER 16, 2020

16) unveiled a $450 million injection of capital by a group of investors led by KKR in exchange for a minority stake in the company. Zwift’s indoor fitness system leverages gaming technology to connect cyclists and runners with others also working out in their homes in “immersive 3D computer-generated worlds,” according to the company.

Long Beach 165

Long Beach Training Exercises Capital 165

Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. Around 35 Innovate Finance members have reported a withdrawal or reduction in capital funding since the referendum, says Mr Wintermeyer.

Fintech 150

Fintech Capital Innovation US 150

PYMNTS

JUNE 29, 2018

The firms have said that the Santander app use Ripple’s xCurrent technology to underpin payments and tracking. It has also invested in several blockchain companies through InnoVentures , its venture capital fund. InnoVentures invested in Ripple, the creator of xCurrent, in 2015.

blockchain 207

blockchain Payments United States Mobile 207

PYMNTS

MAY 5, 2020

London-based FinTech Revolut is planning to tap the $500 million it got from investors to acquire competing technology firms suffering from the impact of the global coronavirus pandemic. Founded in 2015, Revolut began with a prepaid debit card that enables people to sidestep foreign exchange fees while traveling abroad.

Fintech 175

Fintech Cards cryptocurrency Capital 175

PYMNTS

JANUARY 23, 2020

The offering is meant for companies of all sizes, and it allows buyers to not only optimize their working capital but also give suppliers on-demand invoice funding options. We bridge the payment terms that buyers demand of their suppliers and deeply understand the capital crunch suppliers otherwise experience.

Capital 131

Capital Industry Technology Marketing 131

PYMNTS

DECEMBER 17, 2020

This marks the second time GM's venture capital arm has invested in Yoshi since 2018, and the round will go toward helping Yoshi hire more employees and expand as the pandemic ends, according to Yoshi Co-Founder and CEO Bryan Frist , according to CNBC. "We markets, CNBC reported.

Michigan 180

Michigan Cards Report Capital 180

Perficient

MAY 21, 2021

Technology Stack: Python, Flask, HTML, CSS, SQLAlchemy, Jinja2, PostgreSQL | APIs Used: Cloudinary Media Optimizer. Technology Stack: Flask, SQLAlchemy, Bootstrap, ForeignKeys, Jinja | APIs Used: Used data from “California regulations of possibly harmful products”, which was a CSV file. Bright Paths Project: Plenti.

Milwaukee 348

Milwaukee Software Course Detroit 348

PYMNTS

MARCH 18, 2019

Fidelity Information Services ( FIS ), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay , the global eCommerce and payments company, in a roughly $35 billion dollar deal. In 2015 it paid $5.1 For FIS it marks the company’s largest acquisition ever. billion for Sungard.

Jacksonville 235

Jacksonville Florida Industry Payments 235

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.”

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

MARCH 27, 2019

Mobvoi was previously valued at $300 million in a financing round that Google led in 2015. The company will use the money for expansion and new products, from dashboard platforms to car mirrors with smart technology. It will also help Shanghai become an international financial center, as well as a hub for technology innovation.”.

Google 152

Google Big Data Innovation Apple 152

PYMNTS

DECEMBER 6, 2019

Royal Bank of Canada (RBC) Capital said there’s an overlooked part of Amazon ’s ecosphere of services that’s being casually overlooked but will be extremely profitable for the company in the coming years, according to a report by CNBC. Amazon Business was launched in 2015, and it saw $1 billion in sales during its first year.

Capital 149

Capital Retail Industry Marketing 149

PYMNTS

OCTOBER 19, 2018

As reported by the Federal Reserve Payments study this week, the value of noncash fraud has gone up between 2012 to 2015, and the measure along that time frame grew by 37 percent to $8.3 The data, said the Fed, came from surveys of depository institutions in 2012 and 2015, and payment card networks in 2015 and 2016. 36 in 2012.

Fraud 152

Fraud blockchain Cards Payments 152

Abrigo

DECEMBER 15, 2016

In the 2015 Growth Strategy Survey by Bank Director , the most commonly cited areas for growth were Commercial Real Estate Lending, C&I loans, SBA loans, and Construction loans. which means their capital needs fluctuate. businesses are sole proprietorships or small businesses. Small businesses in the U.S.

Lending 150

Lending Millennials Study Survey 150

PYMNTS

DECEMBER 19, 2019

Jim Toffey, CEO of LiquidX, said SCF adds to the company’s “growing suite of trade finance, working capital and insurance solutions. The SCF platform operates on a cloud-based web portal and is a multi-funder working capital solution. It is the largest electronic marketplace for the exchange of trade finance assets.

New York City 131

New York City Capital New York Operations 131

PYMNTS

JANUARY 15, 2019

based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. million investment in Big Data Partnership in 2015, another B2B company focused on providing businesses with training, storage and support with their data needs. investors have placed new funds with U.K.-based and U.S.,

Security 143

Security US Payments Big Data 143

PYMNTS

JANUARY 9, 2019

New data shows that venture capital funding of artificial intelligence (AI) companies jumped a whopping 72 percent last year, hitting a record $9.3 The data from PwC and CB Insights comes after three years of steady growth, with the average annual investment increase from 2015 to 2017 coming in at 28 percent. billion by 2025.

Google 137

Google Apple Data Capital 137

PYMNTS

JUNE 6, 2018

A press release issued by the company said Menlo Ventures led the Series E equity funding round for BlueVine, which also saw backing from SVB Capital and other investors. We’re building a cutting edge, technology-enabled platform that is helping thousands of [SMBs] get quick access to funds to address their everyday funding needs.

Lending 131

Lending Capital Fintech US 131