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…

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”

Time: The 8 Video Games We Can’t Wait to Play in 2020

January 17, 2020 at 03:21PM This year marks the start of a new decade, and the end of a generation of video games. Sony and Microsoft are set to launch new systems during the holidays, marking the beginning of a new phase in gaming. But that’s good news: Traditionally, the games launched at the endContinue reading “Time: The 8 Video Games We Can’t Wait to Play in 2020”

Smasung launches the rugged, enterprise-ready Galaxy XCover Pro

January 12, 2020 at 01:45PM We got a bit of a surprise at the end of CES: some hands-on time with Samsung’s latest rugged phone for the enterprise, the Galaxy XCover Pro. The XCover Pro, which is officially launching today, is a mid-range $499 phone for first-line workers like flight attendants, construction workers or nurses.Continue reading “Smasung launches the rugged, enterprise-ready Galaxy XCover Pro”

Three SaaS companies we think will make it to $1B in revenue

December 18, 2019 at 08:32PM What’s the most successful pure SaaS company of all time? The answer is Salesforce, and it’s no contest — the company closed the year on an $18 billion run rate, placing it in a category no other company born in the cloud can touch. That Salesforce is on such anContinue reading “Three SaaS companies we think will make it to $1B in revenue”

Why Bill.com didn’t pursue a direct listing

December 12, 2019 at 10:42PM Bill.com went public today after pricing its shares higher than it initially expected. The B2B payments company sold nearly 10 million shares at $22 apiece, raising around $216 million in its IPO. Public investors felt that the company’s price was a deal, sending the value of its equity to $35.51Continue reading “Why Bill.com didn’t pursue a direct listing”

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Using Django to Build a Website (Mac) 3

(project1_env) SS-MacBook:src liveuk$ ls db.sqlite3 manage.py products trydjango (project1_env) SS-MacBook:src liveuk$ python manage.py shell Python 3.6.5 |Anaconda, Inc.| (default, Apr 26 2018, 08:42:37) [GCC 4.2.1 Compatible Clang 4.0.1 (tags/RELEASE_401/final)] on darwin Type “help”, “copyright”, “credits” or “license” for more information. (InteractiveConsole) >>> from products.models import Product >>> #import class Product >>> Product.object.all() Traceback (most recentContinue reading “Using Django to Build a Website (Mac) 3”

Samsung ramps up its B2B partner and developer efforts

October 30, 2019 at 05:03PM Chances are you mostly think of Samsung as a consumer-focused electronics company, but it actually has a very sizable B2B business as well, which serves over 50,000 large enterprises and hundreds of thousands of SMB entrepreneurs via its partners. At its developer conference this week, it’s putting the spotlight squarelyContinue reading “Samsung ramps up its B2B partner and developer efforts”

Google to add eye detection to Pixel 4 after privacy concerns

October 21, 2019 at 01:35PM Update will prevent new smartphone being unlocked using owner’s sleeping face Google has said it will update its new Pixel 4 phones to prevent them being unlocked using the sleeping faces of their owners. The phones, which are not yet in shops, are the first from Google to include aContinue reading “Google to add eye detection to Pixel 4 after privacy concerns”

Time: Yahoo Could Owe You Up to $358 for Data Breaches. Here’s How to File Your Claim

October 15, 2019 at 10:28PM After multiple data breaches that affected up to 3 billion Yahoo accounts, the company has reached a $117.5 million class-action settlement, offering those affected up to $358 in payouts (though likely much less.) In 2016 Yahoo confirmed two data breaches—one in August 2013 after an unauthorized third party stole “dataContinue reading “Time: Yahoo Could Owe You Up to $358 for Data Breaches. Here’s How to File Your Claim”

Amazon migrates more than 100 consumer services from Oracle to AWS databases

October 15, 2019 at 04:21PM AWS and Oracle love to take shots at each other, but as much as Amazon has knocked Oracle over the years, it was forced to admit that it was in fact a customer. Today in a company blog post, the company announced it was shedding Oracle for AWS databases, andContinue reading “Amazon migrates more than 100 consumer services from Oracle to AWS databases”