WhatsApp considers offering loans to users through mobile payments feature

April 29, 2020 at 10:23AM Regulatory filing reveals plans to ‘advance money or give credit’ to users WhatsApp considers offering loans to users through mobile payments feature … Selected by softengoxford Search Web: WhatsApp considers offering loans to users through mobile payments feature

Tech giants should let startups defer cloud payments

March 26, 2020 at 05:24PM Google, Amazon, and Microsoft are the landlords. Amidst the Coronavirus economic crisis, startups need a break from paying rent. They’re in a cash crunch. Revenue has stopped flowing in, capital markets like venture debt are hesitant, and startups and small-to-medium sized businessesf are at risk of either having to layContinue reading “Tech giants should let startups defer cloud payments”

Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments

September 24, 2019 at 12:00PM Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goods and services without knowing the financial risk profile of the counter-party. Rather than applying for credit at everyContinue reading “Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments”

Payments giant Stripe debuts a credit card in its latest step into the financing fray

September 10, 2019 at 04:00PM Last week, when the popular payments startup Stripe made some waves with its first move into money lending through the launch of Stripe Capital, we reported that the company was also soon going to be launching a credit card. Now, that news is official. Today, the company is doubling downContinue reading “Payments giant Stripe debuts a credit card in its latest step into the financing fray”

Hospitals Chafe Under A Medicare Rule That Reduces Payments To Far-Flung Clinics

April 23, 2019 at 10:00AM Hospital-owned clinics that are miles away should be reimbursed at the same rates as an independent doctor, but not more, Medicare says. That new rule could save taxpayers $380 million in 2019. Hospitals Chafe Under A Medicare Rule That Reduces Payments To Far-Flung Clinics…

Apple says Spotify is being ‘misleading’ as row develops over payments on the iPhone

March 15, 2019 at 02:01PM ‘After using the App Store for years to dramatically grow their business, Spotify seeks to keep all the benefits of the App Store ecosystem – including the substantial revenue that they draw from the App Store’s customers – without making any contributions to that marketplace,’ Apple’s statement said Apple saysContinue reading “Apple says Spotify is being ‘misleading’ as row develops over payments on the iPhone”

As Payments Go Social With Venmo, They’re Changing Personal Relationships

February 25, 2019 at 08:15PM More people are using mobile money apps to pay each other without cash. With Venmo, its social network is a key part of the payment process, and it’s changing people’s behavior in unexpected ways. As Payments Go Social With Venmo, They’re Changing Personal Relationships…

Salesforce stock is taking a hit today after lighter guidance in yesterday’s earning’s report

May 29, 2020 at 07:28PM In spite of a positive quarter with record revenue that beat analyst estimates, Salesforce stock was taking a hit today because of lighter guidance. Wall Street is a tough audience. The stock was down $8.29/share or 4.58% as of 2:15 pm ET. The guidance, which was a projection for nextContinue reading “Salesforce stock is taking a hit today after lighter guidance in yesterday’s earning’s report”

UK’s ANNA raises $21M for its SMB-focused business account and tax app

May 13, 2020 at 11:55PM Small and medium businesses and sole-traders account for the vast majority of businesses globally, 99.9% of all enterprises in the UK alone. And while the existence millions of separate companies, with their individual demands, speaks of a fragmented market, together they still represent a lot of opportunity. Today, a UKContinue reading “UK’s ANNA raises $21M for its SMB-focused business account and tax app”

Time: Scammers Could Be After Your Stimulus Check. Here’s How to Avoid Them

April 27, 2020 at 05:10PM For scammers, confusion and desperation can make even the most careful people vulnerable to their schemes. And when it comes to the government’s stimulus payments, both are in ample supply. As part of an effort to keep the economy afloat during the COVID-19 pandemic, the Internal Revenue Service (IRS) isContinue reading “Time: Scammers Could Be After Your Stimulus Check. Here’s How to Avoid Them”

Stripe adds card issuing, localized card networks and expanded approvals tool

April 23, 2020 at 04:59PM At a time when more transactions than ever are happening online, payments behemoth Stripe is announcing three new features to continue expanding its reach. The company today announced that it will now offer card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specificContinue reading “Stripe adds card issuing, localized card networks and expanded approvals tool”

Pepper, a platform for restaurants and suppliers, pivots to deliver food to consumers

April 09, 2020 at 03:05PM Though the effects of the coronavirus pandemic on restaurants has been crystal clear, many forget the impact this disease has had on food chain suppliers. With restaurants closed, these suppliers — who still have access to tons upon tons of food — no longer have customers. Meanwhile, end consumers areContinue reading “Pepper, a platform for restaurants and suppliers, pivots to deliver food to consumers”

Twitter chief to donate quarter of his fortune to coronavirus fight

April 07, 2020 at 11:58PM American Jack Dorsey putting $1bn into the funding of ‘global Covid-19 relief’ Coronavirus – latest updates See all our coronavirus coverage Jack Dorsey, Twitter’s chief executive, has pledged to donate $1bn (£800m) to fund coronavirus research to help “disarm this pandemic”. Dorsey, who cofounded Twitter in 2006 and went onContinue reading “Twitter chief to donate quarter of his fortune to coronavirus fight”

Udemy 31 March ‘20 flash sale

The Build a SAAS App with Flask Course Build a real world web app with Python, Flask and Docker. Learn to accept payments with Stripe and so much more.BestsellerRating: 4.4 out of 54.4 (1,337 ratings)7,599 studentsCreated by Nick JanetakisLast updated 1/2020EnglishCurrent price£11.99Original Price£99.99Discount88% off 21 sections • 168 lectures • 9h 57m total length CompleteContinue reading “Udemy 31 March ‘20 flash sale”

SMB loans platform Kabbage to furlough a ‘significant’ number of staff, close office in Bangalore

March 30, 2020 at 05:33PM Another tech unicorn is feeling the pinch of doing business during the coronavirus pandemic. Today, Kabbage, the Softbank-backed lending startup that uses machine learning to provide speedy and more accurate evaluations of loan applications for small and medium businesses, is furloughing a “significant number” of its US team of 500Continue reading “SMB loans platform Kabbage to furlough a ‘significant’ number of staff, close office in Bangalore”

Assembled raises $3.1M led by Stripe to build ‘the operating system for support teams’

March 11, 2020 at 04:18PM CRM software accounts for one-quarter of all enterprise IT spend. But ironically, while a lot of money is spent on platforms like Salesforce or SAP to manage incoming calls and outgoing marketing and sales activity, not a lot of attention is given to the issue of how to help the teamsContinue reading “Assembled raises $3.1M led by Stripe to build ‘the operating system for support teams’”

Ordway lands $10M Series A to bridge gap between sales and finance

February 19, 2020 at 12:30PM Ordway, a Washington, DC startup, is building a platform to deal with all of the stuff that happens after you make sale. It starts with the order and goes all the way to revenue, however that revenue manifests itself — as a one time payment or a recurring subscription. TodayContinue reading “Ordway lands $10M Series A to bridge gap between sales and finance”

Worldline’s $8B acquisition of Ingenico’s $3B revenue would barely pay for Robinhood or Revolut’s valuations

by lexsokolin.com In the long take this week, I look at how spending $8 billion can either buy you $3 billion of revenue from Ingenico, or the private valuation of Robinhood and/or Revolut. Would you rather have a massive cash-flow machine, or a venture bet on a Millennial investing meme? To articulate this question inContinue reading “Worldline’s $8B acquisition of Ingenico’s $3B revenue would barely pay for Robinhood or Revolut’s valuations”

Clear gets $13M Series A to build high-volume transaction system on the blockchain

February 05, 2020 at 03:05PM Clear is an early stage startup with a big ambition. It wants to build a blockchain for high-volume transaction systems like payments between telcos. Today it announced a $13 million Series A investment. The round was led by Eight Roads with participation from Telefónica Innovation Ventures, Telekom Innovation Pool ofContinue reading “Clear gets $13M Series A to build high-volume transaction system on the blockchain”

Persona raises $17.5M for an identify verification platform that goes beyond user IDs and passwords

January 28, 2020 at 10:19AM The proliferation of data breaches based on leaked passwords, and the rising tide of regulation that puts a hard stop on just how much user information can be collected, stored and used by companies have laid bare the holes in simple password and memorable-information-based verification systems. Today a startup calledContinue reading “Persona raises $17.5M for an identify verification platform that goes beyond user IDs and passwords”