PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. California-based automaker Tesla is one company that has witnessed the merits of offering 2FA for its car owners.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis. Traditional companies have had to embrace tech at an accelerating pace.

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Capital Regional United States Meeting 298

PYMNTS

JULY 30, 2020

By any metrics, the company’s earnings were off the charts, and they hardly came as a result of cost-cutting. The company almost doubled its revenue and profit numbers while spending more than $9 billion on capital improvement projects. Online grocery sales tripled. billion compared with $36.0 billion for Q2 2019.

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Online Capital Operations Video 238

PYMNTS

SEPTEMBER 1, 2020

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. The company is exploring options including a sale or going public via a merger with a blank-check acquisition company that could put its value at around $1 billion, the report stated. Boxed , the U.S.

Online 205

Online New York Millennials Maine 205

PYMNTS

NOVEMBER 20, 2020

Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. Ribbit Capital, a VC firm in the U.S. that focuses on early-stage firms, led the investment round. Stripe, the U.S.-based

Fintech 332

Fintech San Francisco Capital cryptocurrency 332

PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Big online eCommerce, gig economy or other merchants “tend to have a lot of different payment services that they use,” he told PYMNTS in an interview.

Company 209

Company Fintech Payments Software 209

PYMNTS

AUGUST 4, 2020

Japanese eCommerce and payments platform hey announced a Series E investment led by Bain Capital , a press release says. The round was also supported by PayPal Ventures , Goldman Sachs, YJ Capital, Anatole, and existing investor World Innovation Group, according to the release.

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Capital Payments Meeting Groups 194

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. Stripe led the round, and existing investors Y Combinator and Global Founders Capital participated, alongside a new investor, Bedrock Capital. The company launched in 2019 and had a seed round then for $2.7

Payments 300

Payments Capital Online Meeting 300

PYMNTS

SEPTEMBER 9, 2020

Truepill , an online pharmacy powering delivery for direct-to-consumer healthcare brands, announced Wednesday (Sept. The San Mateo, California-based company said the cash will be used to introduce an at-home lab testing platform. 9) that it closed on a $75 million Series C funding round.

Company 184

Company Los Angeles Connecticut Massachusetts 184

PYMNTS

AUGUST 7, 2020

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

Online 222

Online System Fraud Video 222

Bank Innovation

APRIL 26, 2018

based digital bank Revolut has raised $250 million in a Series C, boosting the company’s valuation to unicorn status. The company, which is now worth $1.7 billion, will use the new funding to expand to further markets, including the United States, Australia, and Hong Kong.

Capital 244

Capital United States Digital Banking Marketing 244

PYMNTS

AUGUST 6, 2020

And yet Japan remains a heavily cash-based economy, Darren Abrahamson , managing director of Bain Capital Tech Opportunities told Karen Webster. It also wants to integrate the experiences of customers’ online and in-store shopping and tie all of that into merchants’ back-end fulfillment and logistics.

Capital 214

Capital Payments Mobile Trends 214

PYMNTS

DECEMBER 18, 2020

Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement.

Report 333

Report Fraud Strategy Retail 333

PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. fund Lone Pine Capital reached a preliminary deal to buy around 50 million euros of Auto1 stock from DN Capital , an early investor.

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Capital Groups Branding Online 234

Chris Skinner

JULY 21, 2017

What we are seeing is many new companies launching capabilities built upon the latest internet-enabled technologies. Hundreds of companies offering thousands of services that are simple and easy for sending and receiving money. These companies have names like Zopa, Smartypig, Nutmeg, etoro and have fun branding and cool offices.

Fintech 361

Fintech System Technology Apple 361

PYMNTS

NOVEMBER 20, 2020

Fresh on the heels of a $200 million round of fundraising, Tel Aviv’s Red Dot Capital is straying from its bread-and-butter focus on homegrown Israeli technology and security startups to find opportunity half a world away in Southeast Asia. But Stern said the strategy shift isn’t just based on the need to fuel growth.

Capital 192

Capital United States Strategy Conference 192

PYMNTS

JUNE 26, 2020

Consumers are shopping online more, going to ATMs and using cash less, and showing an increased preference for contactless payments – and McNicoll thinks much of this shift will be permanent. With this [change], we’ll see more competition in the online arena, with larger brands coming in and competing directly,” he said.

Retail 318

Retail Online Capital ATM 318

PYMNTS

NOVEMBER 1, 2020

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu Online retailer Allegro.eu

ATM 243

ATM Leadership Capital Online 243

PYMNTS

JUNE 29, 2020

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. The company announced that it will merge with Insurance Acquisition Corp. Arison said the move was about adding capital to scale the company.

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San Francisco Metro Online Capital 245

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. In 2022, FTX broke ground on its new headquarters in Nassau, the country’s capital. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

OCTOBER 6, 2020

MoneyGram International , the global peer-to-peer payment and money transfer company, has extended to its relationship with Walmart Inc. through March 2024, the Texas-based company announced on Tuesday (Oct. The company said digital transactions accounted for 27 percent of its total money transfers during the period.

Puerto Rico 282

Puerto Rico Texas Online Report 282

PYMNTS

NOVEMBER 20, 2020

Investors just delivered another $90 million into the coffers of Loadsmart , a digital freight startup, the company announced Friday (Nov. Chromo Capital co-led the deal. Also participating were Perry Capital, founded by Richard C. Also participating were Perry Capital, founded by Richard C.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

DECEMBER 16, 2020

ContextLogic, which is the parent company for eCommerce giant Wish , saw shares fall 16.4 16) for the company's market debut, CNBC reported. per share, which ended up below the $24 per share initial public offering (IPO) pricing, which the company had priced as high as it could. The company has become one of the U.S.'s

Capital 234

Capital Online America Google 234

PYMNTS

MAY 22, 2020

backed company. Previously, Missfresh has raised $900 million thanks to investors like Jeneration Capital and Genesis Capital. The company promises to deliver groceries within an hour. billion in transactions, which made it profitable, the company said at the time. Beijing’s Missfresh Ecommerce Co.,

Online 209

Online Capital Report Survey 209

PYMNTS

OCTOBER 12, 2020

Just months after a fundraising round that left the company's value at $3.5 A spokeswoman for the company said there “are not yet any concrete plans for another funding round at this present moment.”. N26 already has raised nearly $800 million in venture capital, Bloomberg reported, including a $100 million round in May 2020.

Fintech 268

Fintech United States Capital Meeting 268

PYMNTS

OCTOBER 22, 2020

I don’t think the second wave of EMV 3DS will be as bumpy, because it doesn’t require the significant investment and the capital required to change out all the equipment,” McCutcheon said. McCutcheon said the cost only added to merchants’ initial resistance to adopting those systems. “I 3DS is software. McCutcheon believes that smart U.S.

Fraud 221

Fraud Online Security Cards 221

PYMNTS

NOVEMBER 25, 2019

Sweden-based Detectify, a crowd-based online security company that incentivizes “elite hackers” to help developers stay abreast of security issues, has raised €21 million in a funding round, according to a report. The company said it will use the capital to hire top talent and continue its mission of reducing internet security issues.

Security 248

Security Capital Community Software 248

PYMNTS

DECEMBER 18, 2020

The current online market has no single leader and is split up between Walmart ’s Flipkart , Amazon.in To scale the business, and after getting no venture capital backing, Gorthy decided to go the crowdfunding route to raise the money needed to take Petpal to the next level. and the 10-year-old PetsWorld platform. Launch Then Grow.

Online 177

Online Industry Retail Capital 177

PYMNTS

JANUARY 8, 2021

FinTech leaders in China started scrambling for capital in November 2020 when regulators first started cracking down on financial services and payments firms. Last month, China drafted new antitrust rules for internet companies and pulled the plug on Jack Ma’s double filing.

Online 171

Online Regulation Maine National 171

PYMNTS

DECEMBER 18, 2020

Chinese companies held 30 initial public offerings (IPOs) this year, raising $11.7 The IPO rate for Chinese companies is the highest since Alibaba’s massive market debut in 2014, according to CNBC , citing a new report from Renaissance Capital. market for 2020, according to Renaissance Capital. stock exchanges.

Phoenix 268

Phoenix Regulation Capital Marketing 268

Bank Innovation

NOVEMBER 13, 2017

EXCLUSIVE—Investors don’t need to wait for Initial Coin Offerings to reach their full potential: this way of raising capital is already redefining how businesses in certain markets can operate, Taynaah Reis, CEO for cooperative banking system company Moeda told Bank Innovation.

blockchain 278

blockchain Fintech Capital Innovation 278

Perficient

MAY 28, 2020

Oracle Utilities has long been a leader in industry applications for operations at power generation companies. Utilities, historically, have made heavy capital investments with little to no competition, slowing rapid evolution difficult. The industry has had to learn quickly to juggle demand and workforce planning.

Analytics 340

Analytics Customer Experience Risk Management Mobile 340

PYMNTS

JUNE 19, 2020

Supply chain financing company Greensill revealed its acquisition of Colombia-based Omni, a small- to medium-sized business (SMB) lender that will enable Greensill to strengthen its Latin American footprint. FTV Capital recently announced that it has closed its sixth fund, and totaling $1.2 Remessa Online.

America 182

America Fintech Capital Regional 182

PYMNTS

JANUARY 31, 2021

FinTLV , a Tel Aviv-based fund that specializes in FinTech and InsurTech companies in their “growth stage” phases, announced in a press release that it has closed a new $120 million fund, FinTLV II. insurance industry is five times larger than that of the banking industry; yet the technology used by most insurance companies is antiquated.

Fintech 253

Fintech Capital Industry Meeting 253

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

OCTOBER 14, 2020

million USD) in capital, including funds from King River Capital and Leap Capital, according to published reports. The company reports having customers in the United States, Europe, Southeast Asia and India. Six-year-old insurance technology firm Cover Genius has reportedly raised A$15 million ($10.7

Capital 186

Capital United States Survey Branding 186

PYMNTS

NOVEMBER 25, 2020

Female FinTech entrepreneurs are getting left out of funding even as record venture capital money is being pumped into startups. Companies that did get funding received only 0.9 Companies that did get funding received only 0.9 Tech stocks tied to payments companies have especially soared. percent of total monies raised.

Fintech 288

Fintech New York Innovation Industry 288