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Clothing Reseller ThredUp Files For IPO

PYMNTS

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. Despite concerns in the market about the COVID-19 pandemic affecting purchases of used clothes, ThredUp says it's added customers this year, Bloomberg writes.

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Beneficial State Bank’s financial activism

Independent Banker

Location: Oakland, Calif. billion-asset community bank in Oakland, Calif., Most organizations … are like, ‘Where is the most profitable market segment?’” What we do is we take that ethos and apply it to all of our decision-making in our product development or marketing. In March 2020, workers at Oakland, Calif.-based

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Leveraged and inverse ETFs – the exotic side of exchange-traded funds

BankUnderground

Julian Oakland Exchange-traded funds (ETFs) are supposed to be simple and straightforward, and for the most part they are, but one group punches well above its weight when it comes to market impact. These features give rebalancing flows the potential to amplify market moves when markets are at their most vulnerable.

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Building from Scratch

Independent Banker

Bank Headquarters: Oakland, Calif. Like a craftsman bricklayer steadily assembling a sturdy house, Nelson built her successful career and her community bank in Oakland, Calif., Two years later, Nelson moved as a single mom to Oakland, where she again found a job as a teller at a regional bank. By Beth Mattson-Teig. Branches: 3.

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Wine.com Uncorks A Vintage Year

PYMNTS

The best marketing is offering a great experience and a good customer value proposition,” he pointed out. “It No one had it in stock, but Wine.com had a bottle in its Oakland warehouse. Bergsund’s goal is to grow that to 10 -15 percent. She needed a bottle of Screaming Eagle cabernet for her husband’s birthday party that night.

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How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

The teams at FinTech startup LendUp and Oakland-based Beneficial State Bank think very differently about that relationship. According to Orloff, LendUp and Beneficial State came up with the idea to offer a socially responsible credit card product several years ago, but it only came to market this spring.

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Mastercard: The Inclusive Futures Of Cities, SMBs And The Next-Gen Workforce

PYMNTS

The needs are no less important in the American market,” he explained. “They do, however, have a different feel because of the nature and level of development of the market, the role of government and the needs of local consumers.”.

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