US Economy Outperformed by Main Street Businesses: Everything You Need to Know

US Economy Outperformed by Main Street Businesses: Everything You Need to Know

Main Streets offers a way by which the health of the economy of the United States of America is gauged. PYMNTS intelligence looks at the landscape of the small-scale business that populates the USA. Several businesses of Main Streets that are operating in the United States of America have proved to become more resilient as compared to their bigger counterparts. In the previous 12 … Read more

$15 Million Raised by Backflip Aiming to Grow Real Estate Investment Platform

$15 Million Raised by Backflip Aiming to Grow Real Estate Investment Platform

The all-in-one program of Backflip has an objective to offer fix and flip investors the technology, financing strategies, and data for flipping the house successfully at scale. Led by the FirstMark Capital of New York, the Series A round arrives after Backflip mentioned that they have crossed $10 million in net revenue. This has thus made them reach profitability.  … Read more

3% Added in FinTech IPO Index as Preliminary Quarterly Results of Oportun Soars

3% Added in FinTech IPO Index as Preliminary Quarterly Results of Oportun Soars

Oportun this week has made the announcement about the preliminary results which showed the revenue ranges that are between $248 million to $250 million in the first quarter. In the previous year, this amount was $295.5 million and the rate of annualized charge-off was almost 12 percent which was 5.5 percent in the previous year. a 30-day … Read more

$26 Million Raised by Payflows: Huge Raise for All-In-One Finance Platform

$26 Million Raised by Payflows: Huge Raise for All-In-One Finance Platform

The fintech sector is constantly developing, bringing new products that strive to simplify complex financial procedures in a time when automation and financial efficiency are must. Payflows, one of these exciting startup, made news nowadays when it successfully raised $26 million in venture capital. This accomplishment highlights the fintech sector’s enormous potential to revolutionize financial … Read more

Walmart Focus on Growth of Omnichannel Capabilities: Aims for Shoppers ‘Seeking Convenience’

Walmart Focus on Growth of Omnichannel Capabilities: Aims for Shoppers ‘Seeking Convenience'

Walmart has been expanding its omnichannel capabilities across its three segments that are Walmart US, Sam’s Club, and Walmart International. The individuals of the organization, as well as the technologies, are all dedicated to providing consumers the opportunity to shop both through e-commerce as well as through retail stores. This helps individuals to have access to all … Read more

FTC Files Complaint Against Doxo for Misleading Ads, All You Need to Know

FTC Files Complaint Against Doxo for Misleading Ads, All You Need to Know

The Federal Trade Commission (FTC) is taking action against Doxo by saying that the bill-payment organization misleads the customers as well as tacks junk fees. The Federal Tax Commission’s complaint alleges that Doxo buys search engine ads which appear when the consumers search for organizations that have billed them. Further, the landing pages of Doxo imply a … Read more

Walmart Files Patent Application Effectively New Mobile Payments Tool In A Crypto Coin

It’s not specifically called “WalmartCoin” yet, but that’s the phrase that’s getting bandied around on more than one front. A recently-filed application with the US Patent and Trademark Office makes it clear that Walmart wants a shot at the cryptocurrency market, and is planning to follow in Facebook’s steps with Libra to get there. The … Read more

Circle Pay Pulls Out Of The Mobile Payments Market

A maturing market commonly features business closures and consolidations, mergers and acquisitions, as firms build their markets and some just find themselves unable to hack the growing competition. One such shutdown recently came to light, as Circle Pay announced it was beginning a “multi-phase wind-down,” which would conclude on September 30. Those who don’t extract … Read more