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Afresh Raises $13M For Fresh Food Management Technology

PYMNTS

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The San Francisco-based startup also is welcoming food industry veteran James McCann to its board.

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Local Insights On Airbnb In San Francisco

PYMNTS

Twenty, 10, even six years ago, most (if any) had neither the technological capability nor the foresight to imagine the future of the homeshare and vacation rental industry. Airbnb eventually sort of settled with San Francisco back in 2015 — though it turned out to not be enough — and said it would better police its platform.

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Uber Inks First Deal To Manage Public Transit

PYMNTS

Uber — or Uber’s software, to be exact — will soon be managing public transportation for Marin County in the San Francisco Bay area, the Financial Times (FT) reported. Uber, in turn, will earn a flat fee for managing the service, with a cap of $80,000.

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12 Startups Showed Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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SigFig Scores a Robo Deal with UBS

Bank Innovation

SigFig, a San Francisco-based robo advisor, partnered with UBS Wealth Management to create and customize digital tools for WMA’s 7,000 advisors, it was announced today. The tools will “complement” the existing expertise of UBS advisors, and not form a separate automated platform, SigFig said.

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Wells Fargo’s Shari Van Cleave Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE – Shari Van Cleave, who manages Wells Fargo’s Digital Labs, has joined the speaker faculty for Bank Innovation 2018 Bank Innovation 2018 will take place March 5-6 in San Francisco. Within Wells Fargo’s Digital Labs, Van Cleave manages a team of technology leaders to pilot various endeavors in consumer banking.

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Farfetch Raises $250M To Grow Luxury Fashion Platform

PYMNTS

Farfetch, a luxury technology platform, has raised $250 million from Tencent and Dragoneer through the sale of convertible senior notes, according to a release. Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco.