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Float Raised $3M to Offer Credit Cards, ‘Without the Plastic’

Bank Innovation

It’s not news that millennials hate credit cards. Float – a Los Angeles-based startup, launched today – is set to change that. Which is one of the reasons a lot of them end up as “thin file,” with through-the-roof overdraft fees.

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Shifting The Used Car Market Into Overdrive

PYMNTS

Via online and mobile it has introduced artificial intelligence (AI)-based technology in pricing cars as well as qualifying for financing. If the seller is still interested Shift personnel will pick up the car from one of its hubs (San Diego, Los Angeles, San Francisco, Sacramento and Portland) and pay the seller via ACH transfer.

Marketing 242
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Verishop Works With Westfield To Open Stores

PYMNTS

Aside from being an online marketplace where consumers can buy from trendy apparel brands such as LoveShackFancy and Vince, the company has chosen to roll out some of its own brands. Verishop’s first space, for Ghost Democracy, opened at Los Angeles’ Westfield Century City in October. mall owner Unibail-Rodamco-Westfield.

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Online Mattress Company Casper Tries Out Brick And Mortar

PYMNTS

Lie before you buy: Casper, the online bed-in-a-box startup selling mattresses by mail order, will soon allow customers to try those beds before having one shipped to their home. These shops will be open in cities such as New York, Los Angeles and Chicago through spring 2018. in October.

Online 100
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Can REVOLVE Turn Heads With B&M ‘Social Club’ In LA?

PYMNTS

There was a point not too long ago when online-only merchants were happy to thumb their noses at the stodgy paradigm of brick-and-mortar retail, but nowadays, even the chicest brands on either side of the divide know they can’t afford to miss out on any selling opportunity.

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NYS Covers Grocery Worker Vaccine Eligibility; Instacart Leads Debate Over Gig Economy Employees

PYMNTS

New York City grocery workers can now schedule appointments online or by phone to get vaccinated at one of the city’s designated vaccine hubs. And millennials, according to PYMNTS are a demographic set where vaccination needs a bit of a boost, as almost a quarter of bridge millennials are not interested in getting the vaccine.

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Casper Opens First Brick-And-Mortar Store

PYMNTS

At the time, the company said the shops were open in cities such as New York, Los Angeles and Chicago through spring 2018. Until then, Casper had not had a significant physical presence, although the company briefly partnered with West Elm to sell its products in the retailer’s brick-and-mortar stores, online and in its catalog.