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Netspend CEO On Making The B2B Pivot

PYMNTS

When you've got a legacy business that's so used to going directly to the consumer and to a specific segment of the consumer, you build your operating model around that.”. Instead, Netspend’s core strength is in the provisioning of financial services like cards, mobile wallets and the compliant and secure movement of money.

Austin 281
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Chapter 11 Watch: Austin Reed Bids Farewell, Staples Plots A New Course

PYMNTS

brands like apparel retailer Austin Reed, though, the weight of all that financial baggage is too much to crawl out from under. The Baltimore Sun is reporting that the Mars brand, which operates 13 stores across Maryland, will be selling off five of its locations and shuttering the remaining eight. For some U.K.

Austin 100
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Disrupting The Security Deposit With Insurance

PYMNTS

On average apartment rent rates have gone up about 36 percent in the last decade according to retail data firm Yardi Matrix , and in particularly desirable marketplaces like Denver, Austin and Seattle rents have gone up by more than 70 percent. The average security deposit in the U.S.

Security 132
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SXSW Accelerator Fintech Finalists for 2017 Announced

Bank Innovation

More fintech is coming to Austin. Austin is known for having a thriving Read More. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others.

Austin 150
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Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

Software 194
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Carvana Stock Falls Short On First Day Of IPO

PYMNTS

Founded in 2012, the Phoenix-based company sells cars through its website and operates automated towers that store cars in U.S. cities, such as Austin and Dallas in Texas and Nashville, Tennessee. Wells Fargo Securities, LLC, Bank of America Merrill Lynch, Citigroup Global Markets, Inc. and Deutsche Bank Securities, Inc.

Nashville 128
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  BlueteamGlobal Grabs $125M in Funding

PYMNTS

As reported , BlueteamGlobal, which has ties to Morgan Stanley, has raised $125 million to offer both cyber threat intelligence and security services. The company will operate across offices in New York, the Washington, D.C., The cybersecurity arena is getting a bit more cash. area, London and Tel Aviv, among other areas.

Austin 101