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PeerStreet to Expand to Adjacent Markets As User Base Increases

Bank Innovation

Launched in November 2015, PeerStreet has been Read More. It seems like all the players in the marketplace lending space felt the cloud of uncertainty that surrounded the industry last year. Except for PeerStreet. The platform brings real estate to the marketplace lending space, opening up a previously inaccessible asset class to investors.

Lending 279
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The largest payments company in the world that most people have never heard of

Chris Skinner

First they started to invest in equivalent products and services to their own in other markets of similar nature, such as India and Thailand. Hence, they invested $680 million in India’s Paytm in September 2015, just before demonitisation stimulated Indians to open 200 million wallets on Paytm.

Company 350
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Amazon Puts New Online Grocery Customers On Hold

PYMNTS

In addition, hours at some physical locations of Whole Foods stores have been curtailed to allow for restocking and others are now focusing exclusively on fulfilling online grocery orders as the coronavirus pandemic accelerates demand beyond capacity. . “In Many shoppers still cannot place orders for delivery due to a lack of time slots. “We

Online 178
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India’s Nascent Pet Care Industry Gets Its First Online Retailer

PYMNTS

To capture that growth and cater to it, Gorthy launched the Petpal platform to fill a void in the market. With no PetSmart or Petco on the ground, Gorthy said the domestic market is highly fragmented and dominated by tiny mom-and-pop shops or grocery stores with very limited selections. and the 10-year-old PetsWorld platform.

Online 177
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Activist Investor Pushes eBay To Unload Online Classifieds

PYMNTS

4, eBay got a letter from Starboard amping up its pressure to bring eBay back to its core business by selling its online classified unit. Starboard is losing its patience even though eBay’s online classified business delivered revenue of $269 million in Q4, up 3 percent on an as-reported basis and up 6 percent on an FX-Neutral basis.

Online 137
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COVID Creates A Seller’s Market In reCommerce

PYMNTS

Online marketplaces are well-situated for a COVID-triggered digital shift, personified by millions of the newly unemployed who are desperately seeking lockdown diversions and elusive items. But as the 2020 pandemic emptied store shelves, shoppers began finding depleted inventories online, too.

Marketing 169
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Facebook Launches Messenger P2P Payments Feature in The U.K.

Bank Innovation

is the next market to have the service, after Facebook first launched the payments feature in the U.S. Social media mogul company Facebook has launched P2P payments through Facebook Messenger in the U.K. According to reports, all major banks in the U.K. are taking part in the service. To use […].