Living up to its name, peer-to-peer lending marketplace Prosper has just closed a $70 million funding round led by Francisco Partners, with Institutional Venture Partners and Phenomen Ventures participating. This brings Prosper to almost $150 raised to date, and represents a strong rebound for a...
Bitcoiners-the nebulous pot of investors, miners, tech enthusiasts and libertarians – are a very serious group of people. Dogecoiners, not so much. Named for a mispronunciation of the world “dog,” dogecoin is the brain child of Jackson Palmer, a marketing professional at Adobe, who claimed that...
The price of Bitcoin took a sharp fall over the weekend, dropping from a three-day high of just over $460 per coin on Saturday to a low of about $420 per coin in overnight trading into today, according to the PYMNTS real-time price index The...
Banks may now feel that there is some breathing room to take advantage of an improving economic climate to broaden their portfolio offering to include SMB credit cards. Here’s a look at how banks can turn this opportunity into an attractive return on one of...
A new Corporation for Enterprise Development (CFED) study, supported by MasterCard Center for Inclusive Growth, indicates that more than half of US microbusinesses, “the backbone of our national economy,” are at risk due little savings and issues with cash flow, according to a CFED release.
Though more widely known as a high-end brand, American Express is also reaching out to working class and cash-based consumers by expanding its prepaid business to Walmart. The company has announced the launch of its full service, re-loadable prepaid card, Serve, at 4,100 Walmart locations...
Paul Purcell, co-founder of Continental Advisors, is on the Board of LevelUp, was the lead investor in WePay's recent capital raise and is on the management committee of Veritec, which is a POS software company that helps small dollar lenders remain compliant with state regs....
Israel, with its emerging tech scene embodied by the entrepreneurs of "Silicon Boulevard" in Tel Aviv, has gotten the world's attention as "Start-Up Nation." PYMNTS correspondent Andy Freedman is in Israel with a view as to just what makes this Start-Up Nation such a hot...
The call will be webcast on the “Investor Relations” section of the First Data website.
