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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System

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Plus, Delivery Hero is launching an early-stage venture capital (VC) firm. Germany’s Delivery Hero Introduces Its Own Venture Capital Fund. Mobileye Expands Self-Driving Vehicle Tests To Detroit, Tokyo, Paris, Shanghai. Checkout.com Closes $450 Million Series C For $15 Billion Valuation. Checkout.com, a U.K.-based

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Vroom eCommerce Sales Platform Raises $254M

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Durable Capital Partners led the round, and T. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products.

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Vroom Shifts IPO Into High Gear; Looks To Raise $468M

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In December of last year, Vroom notched $254 million in a Series H funding round led by Durable Capital Partners. Vroom had previously said it would use the funding to grow its workforce, operations, marketing and technology in addition to products. L Catterton, T. Rowe Price Associates and others participated.

Detroit 131
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Macy’s Spotlights Women-Owned Businesses With SoGifted

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Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. The retailer is opening SoGifted shops in its flagship Manhattan store and six other locations. Lauderdale. 14 at 6:30 p.m.

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VC Seems To Fizzle Out For B2B FinTechs

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Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. Since its launch, the firm added working capital analytics and other tools for its corporate finance clients.

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Auto Sales Race Toward A New Retail Future

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Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. The company also opened an engineering port in Detroit this year, choosing the city for its “wide pool of skilled tech, design and product talent, as well as its longtime automotive industry legacy.”

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Ford Creates New Self-Driving Car Unit; To Invest $4B

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In a press release , the Detroit car maker said the new unit will also be charged with accelerating the autonomous vehicle (AV) business so that Ford can capitalize on market opportunities. Team Edison will continue to report to Jim Farley, executive vice president and president of global markets.

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