Remove Capital Remove Los Angeles Remove Technology
article thumbnail

Passport, the technology business for city transit systems, raises $43 million

PYMNTS

Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million. Read More.

article thumbnail

VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups

PYMNTS

Venture capital firm Greycroft , based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg , looking for "the next Bumble or Venmo.". The firm plans to invest $310 million in early-stage startups and $370 million in growth-stage startups, the report stated.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What 2019 Holds for Bank-Fintech Partnerships

Bank Innovation

Ben Savage, partner at the Los Angeles-based Clocktower Technology Ventures, told Bank Innovation that the flourishing fintech ecosystem holds both risks and opportunities for banks, […]. There are startups that want to destroy banks and startups that want banks to buy their software.

article thumbnail

Healthcare Tech Company Truepill Raises $75M To Expand

PYMNTS

Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC., In a recent interview with PYMNTS, Afridi said the pharmaceutical sector is due for a jolt from technology and a direct-to-consumer focus.

Company 184
article thumbnail

Electric Automaker Rivian Notches $700M Amazon-Led Investment

PYMNTS

15) announcement, according to the outlet, “We will bring on additional partners, but less because of capital reasons and more because of a need to have strategic relationships as we scale toward our broader vision.”. Rivian Automotive LLC Chief Executive Officer Robert J. Scaringe said before a Friday (Feb.

article thumbnail

Wardrobe: Recommerce Meets The Sharing Economy In Bid To Become The ‘Airbnb of Fashion’

PYMNTS

From what they call the “lender’s” point of view, suppose a 40-something woman in Los Angeles looks in her closet and notices that there are three great blazers, three great skirts and two pairs of Louboutins that don’t get much usage. There are three ways to look at Wardrobe.

article thumbnail

How Digital Innovators Capitalize On Subscription Businesses

PYMNTS

Some providers are capitalizing on the concept by launching new services that offer access to premium content such as newspapers and magazines in exchange for a monthly fee. subscription box market by 2022 is £1b. Each box contains eight to 12 products. Customers are said to receive roughly $200 worth of products for $49.99