Penny news and trends

Invoice Financing Comes To SMBs And Freelancers
Faster Payments // February 25, 2021

Data shows that SMBs and freelance workers spend more than a month each year chasing down invoices. As Colin Gunnell, co-founder and CEO of Penny told PYMNTS in a recent conversation, a technology platform and unique financing arrangement can shorten the wait and allow SMBs...

The Prototype For First-Ever Penny To Be Auctioned For About $1M
Cash // October 07, 2018

The prototype for the first-ever U.S. cent is being auctioned off for what Barron’s reported is around $1 million — or 100 million times it value. According to Barron’s, the first penny auction will happen later in October and is being handled by Stack’s Bowers...

Robots Serve Up Innovation (And Food) In Restaurants
Retail // July 23, 2018

Restaurant robots aren’t just for flipping burgers or preparing pizzas: They can also work in the front of the house and serve customers. Bear Robotics’ Penny, for example, is an autonomous runner and busser. As an assistant to staff, Penny can take food directly from...

Going Beyond Prepaid To Push Expense Management Beyond Travel Spend
B2B Payments // November 07, 2017

When it comes to employee spend management, innovations often circle around the business trip, tackling challenges like a lack of visibility and control over how employees spend corporate money while away from the office. It’s this environment that has given rise to the virtual card...

Interviews & Exclusives
Invoice Financing Comes To SMBs And Freelancers

February 25, 2021
Data shows that SMBs and freelance workers spend more than a month each year chasing down invoices. As Colin Gunnell, co-founder and CEO of Penny told PYMNTS in a recent conversation, a technology platform and unique financing arrangement can shorten the wait and allow SMBs to abandon the collections game.

Quick Reads
The Prototype For First-Ever Penny To Be Auctioned For About $1M

October 07, 2018
The prototype for the first-ever U.S. cent is being auctioned off for what Barron’s reported is around $1 million — or 100 million times it value. According to Barron’s, the first penny auction will happen later in October and is being handled by Stack’s Bowers in Baltimore. John Kraljevich, senior numismatist at Stack’s Bowers, said […]