Bank Innovation

DECEMBER 8, 2017

EXCLUSIVE- Emerging markets-focused money transfer app WorldRemit has raised another round of funding, bringing the total amount to $220 million. The new Series C funding of $40 million was led by LeapFrog Investments, a PE firm that focuses on Asian and African markets.

California 249

California Marketing Capital Online 249

CFPB Monitor

SEPTEMBER 30, 2020

California Governor Gavin Newsom has signed into law the Student Borrower Bill of Rights, AB 376 , as part of a package of consumer protection legislation. Like the licensing law, the Act applies to servicers located in California or whose activities are “directed to” persons inside California. See Section 1788.102(a)].

California 148

California Policies Regulation Payments 148

PYMNTS

NOVEMBER 8, 2018

Leafbuyer Technologies, the cannabis technology company, announced Thursday (November 8) it has acquired Greenlight Technologies, a California-based application development company. Leafbuyer noted in the press release that the acquisition more than doubles Leafbuyer’s client base in California. “We

Technology 147

Technology Marketing California Colorado 147

PYMNTS

MARCH 31, 2020

If there’s any industry that has been slow to transition online, it’s antiques. Two recent moves from leading arts and antique dealers are leading a trend toward online arts and antique buying. Now we’re going to take a smaller storefront and concentrate more online. We’re finally knocking down the barriers online.”.

Marketing 151

Marketing Phoenix Online New York 151

PYMNTS

DECEMBER 30, 2019

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business (SMB) loans despite economic growth in the U.S. But the majority of online SMB lenders do not disclose publicly their fees and interest rates, reports warned.

Lending 131

Lending Online California New York 131

PYMNTS

JUNE 26, 2020

billion to acquire Zoox , the Foster City, California self-driving technology company, the Financial Times (FT) reported. . The source said Amazon would collaborate with Zoox to create a ride-hailing fleet, taking on Waymo Co, the California-based self-driving industry leader backed by Alphabet, Google’s parent company. billion.

California 259

California Course Technology Report 259

PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. Membership has its privileges ” was the nine-year marketing campaign rolled out by American Express in 1987 to convince consumers that it was worth paying a yearly fee for one of its charge card offerings. The Printed Holiday Toy Catalog Makes a Surprising Return.

Online 148

Online Payments Millennials Apple 148

PYMNTS

AUGUST 21, 2020

The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. Stop & Shop owner Ahold Delhaize NV announced plans earlier this week for putting more resources toward online shopping operations. Ahold intends to outfit roughly 1,100 U.S.

Online 160

Online Seattle NV Oklahoma 160

PYMNTS

JANUARY 31, 2018

One company, Fleet , which originally launched as Shipstr in 2014, seeks to change the way logistics is done through an online marketplace. The standard, traditional way of logistics includes a business seeking to get, say, paper cups sent from China to California, undertaking a series of decidedly manual, inefficient tasks.

Online 142

Online blockchain California Examples 142

PYMNTS

JUNE 14, 2020

Online grocery sales rose to a record $6.6 Rather than donning masks and following social distancing rules, shoppers have turned to grocery delivery services as 43 million customers shopped online in May, up from 39.5 million in March, a nearly 9 percent hike, the survey revealed.

Iowa 181

Iowa California Meeting Online 181

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. consumers are expected to be shopping online by 2021. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces. Online Sales Tax and SMBs. and globally.

Taxes 129

Taxes Online South Dakota Louisiana 129

PYMNTS

NOVEMBER 18, 2019

18) that it has secured a distributor license from California, bringing it one step closer to bringing its first electric SUV, Byton M-Byte, to the United States. At the same time, we are also confirmed in our concept by the current developments on the various European markets. Chinese startup Byton announced Monday (Nov.

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US California United States Retail 155

PYMNTS

OCTOBER 22, 2020

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., The company, based in Oakland, California, is one of the growing numbers of eCommerce sites trafficking in used goods, competing with old stalwarts like Salvation Army Thrift Stores. Bloomberg reports.

Oakland 222

Oakland California Retail Strategy 222

PYMNTS

MAY 7, 2020

Many are instead flocking to online gambling sites after the closure of all 989 commercial and tribal casino properties in the U.S. However, it can take a long time for online players to collect funds, unlike at casinos, where consumers can instantly collect winnings in cash. payments market is behind that of Europe, but U.S.

Online 142

Online New Jersey Pennsylvania Regulation 142

PYMNTS

MAY 14, 2020

Those include hiring in certain markets, delivering more packages on Sundays and working with shippers to manage capacity,” the firm said. Online sales increased by nearly 50 percent in April, according to Adobe Analytics. But the onset of the coronavirus and its impact on shipping took everyone by surprise. Macy’s Inc., Mercato Inc.,

Retail 246

Retail California Analytics Online 246

PYMNTS

SEPTEMBER 12, 2019

Gaming is figuring out the upsell,” Burkhart told Webster, “and utterly changing the entire market.”. The move is one of several that Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online.

Video 248

Video Retail Innovation Trends 248

PYMNTS

JANUARY 19, 2021

19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. Bed Bath & Beyond Inc. said on Tuesday (Jan. In December, Bed Bath & Beyond Inc.

Marketing 130

Marketing California Branding Capital 130

PYMNTS

NOVEMBER 19, 2020

The Santa Barbara, California startup FastSpring was founded in 2005 by Dan Engel, Jason Foodman, Ken White and Ryan Dewell. FastSpring recently named tech veteran Zia Zahiri as chief technology officer (CTO) to lead the technology strategy and development team and drive products to market.

Software 204

Software California Tools Strategy 204

PYMNTS

MAY 9, 2018

Brands’ Pizza Hut is bringing beer delivery to approximately 100 of its restaurants in California and Arizona. The new rollout will include cities such as Tucson, Prescott and Winslow in Arizona, and Los Angeles, Bakersfield, Sacramento and Santa Barbara in California. As it stands, over 1,700 Pizza Hut locations in the U.S.

Arizona 152

Arizona Los Angeles Tucson Sacramento 152

PYMNTS

NOVEMBER 11, 2020

Chipotle Mexican Grill is capitalizing on the surge in online demand and opening its first digital-only restaurant in Highland Falls, New York, just outside the gates of West Point military academy. Chipotle Digital Kitchen will start taking online orders for pickup or delivery on Saturday (Nov.

Denver 218

Denver Colorado New York Training 218

PYMNTS

JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Three years after it paid $13.4 And it’s not stopping there. the Times reported.

Seattle 220

Seattle San Francisco US Chicago 220

PYMNTS

SEPTEMBER 22, 2019

California Gov. About 70 percent of the 500-plus Uber and Lyft drivers surveyed this month said they were “extremely” or “very” satisfied with their experience on the platform, according to RBC Capital Markets. . Lyft says it has 325,000 drivers in California, while Uber says it has more than 200,000, the article said.

California 164

California New York Survey Capital 164

PYMNTS

JANUARY 7, 2021

Wholesale clubs and Trader Joe’s themselves have proven there is a huge market for brands that don’t check all of the boxes for a standard supermarket trip. We're proud of the product mix and shopping experience we provide in our stores and online. We did a comprehensive evaluation of the market before selecting Manthan-RichRelevance.

California 203

California CA Analytics Branding 203

PYMNTS

SEPTEMBER 2, 2020

Fast Track provides startups, like California-based online payments processor Checkbook, a way to access Visa's growing network with experts who can provide guidance in helping them operate efficiently. “To

Cards 213

Cards Fintech California Fraud 213

PYMNTS

OCTOBER 21, 2020

Minimum order for free pickup is $35 and can be placed through the Amazon app on the Whole Foods Market tab. The COVID-19 pandemic triggered a massive move to online grocery shopping, home delivery and curbside pickup. Amazon is planning to open four physical stores for Amazon Fresh in the Chicago market.

Long Beach 169

Long Beach Chicago California Online 169

PYMNTS

OCTOBER 7, 2020

The partnership has produced an online shop dedicated to Gucci items that have been certified by members of The RealReal's team of 150 validation experts. Items available on the store as of Wednesday (Oct. 7) include a printed V-neck sweater listed for $2,295 instead of its reported retail price of $3,300 and a canvas belt bag listed at $695.

Marketing 131

Marketing California Retail Innovation 131

PYMNTS

SEPTEMBER 13, 2020

Opendoor , a San Francisco-based startup that offers a one-stop-shop for buying and selling real estate, is negotiating to go public with a California blank-check company, Bloomberg reported. Since then, its 21 markets have reopened. Opendoor is in advanced talks with Social Capital Hedosophia Holdings Corp.

San Francisco 197

San Francisco Capital Florida California 197

PYMNTS

AUGUST 5, 2020

DoorDash is rolling out digital convenience stores in a bevy of major cities as it ups the ante in the fierce battle for market share in the fast-growing delivery sector. DoorDash said it plans to add more cities in the coming months, including Baltimore, Denver, Sacramento and Concord, California. DoorDash on Wednesday (Aug.

Strategy 155

Strategy Sacramento Baltimore Columbus 155

PYMNTS

AUGUST 19, 2020

real estate market has spent the summer booming despite an economy hit hard by the pandemic. We’re basically seeing one of the most robust housing markets that we’ve ever seen,” Uher said. “We’re We’re basically seeing one of the most robust housing markets that we’ve ever seen,” Uher said.

San Francisco 275

San Francisco Metro Marketing California 275

PYMNTS

DECEMBER 27, 2018

The mattress market in the United States has become a shocking competitive place. representing about 40 percent of the mattress market. Purple put up $190 million in net revenue last year — a strong showing for a firm that first crept onto the market less than three years ago.

Marketing 116

Marketing Sacramento Austin United States 116

CFPB Monitor

SEPTEMBER 19, 2023

California continues to be at vanguard of data privacy rights. The latest effort by California legislators to protect consumer privacy rights focuses on data brokers, who under the proposed California Senate Bill 362 , aka the “Delete Act,” would be required to recognize and honor opt-out signals from Californians.

Data 158

Data California Company Online 158

PYMNTS

JANUARY 29, 2021

Online gaming and entertainment platform Roblox is holding off on a public listing after the U.S. The company registered for a direct listing , following the path of companies such as Slack and Spotify that went straight to the broader market. Security and Exchange Commission (SEC) raised concerns, Reuters reported on Friday (Jan.

San Francisco 205

San Francisco New York Groups California 205

PYMNTS

DECEMBER 17, 2020

But it also extends to cars, where the used automotive market has been surging during the pandemic. The company was founded in 2015 as an on-demand fueling company in California and has expanded to on-demand oil changes, car washes and windshield treatments in five markets across the U.S.

Retail 209

Retail California Exercises Industry 209

CFPB Monitor

MARCH 15, 2022

In 2019, California enacted AB 539 which, effective January 1, 2020, limited the interest rate that can be charged on loans of $2,500 to $10,000 by lenders licensed under the California Financing Law (CFL) to 36% plus the federal funds rate. Section 160.110(d).

California 78

California Innovation Utah West Virginia 78

PYMNTS

JULY 9, 2020

Oakland, California-based issuer processor Marqeta , which is backed by Goldman Sachs , is preparing for an initial public offering (IPO) and seeking out investment banks for advice, Reuters reported. In May, Marqeta raised $150 million in a private funding round and doubled its value to $4.3 The IPO could come by 2021, Reuters reported.

Oakland 184

Oakland California Cards Report 184

PYMNTS

NOVEMBER 29, 2019

Vouch Insurance , which offers insurance to high-growth technology firms through an online platform, said last week that it has raised $45 million in a funding round, and has expanded its service into California. The total raised to date comes in at $70 million.

Policies 191

Policies California United States Management 191

PYMNTS

MARCH 30, 2020

In Series B and Series B+ rounds headed up by VMG and XVC, California-based eCommerce grocer Weee notched almost $50 million in financing. The new funding will assist the startup in speeding up team building, supply chain optimizations and market growth. Bigbasket competes against Amazon and Flipkart in the Indian eCommerce market.

Los Angeles 143

Los Angeles San Francisco Sacramento Seattle 143