The first cannabis startup to raise big money in Silicon Valley is in danger of burning out. TechCrunch has learned that *** delivery middleman Eaze has seen unannounced layoffs, and its depleted cash reserves threaten its ability to make payroll or settle its AWS bill. Eaze was forced to raise a bridge round to keep ... The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation You can compare what Plaid does to Stripe — ... Two years ago, we created the Matrix FinTech Index to highlight what we saw as the beginnings of a 10+ year mega innovation wave in financial services. ... Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive payments markets. The Noida-headquartered firm, which raised $1 billion in late November, said its app for businesses now features an “all-in-one” QR ... 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 $35.51 per share as of the ... One share of Amazon stock costs over $1700, locking out less wealthy investors. So to continue its quest to democratize stock trading, Robinhood is launching fractional share trading this week. This lets you buy 0.000001 shares, rounded to the nearest penny, or just $1 of any stock with zero fee. The ability to buy by ... As Airbnb absorbs more and more of the demand for housing, it’s exploring how to monetize opportunities beyond vacation rentals. A marketplace for longer term corporate housing could be a huge business, but rather than build that itself, Airbnb is making a strategic investment in one of the market leaders called Zeus Living and will ... $35 million-funded Omni is packing up and shutting down after struggling to make the economics of equipment rentals and physical on-demand storage work out. It’s another victim of a venture capital-subsidized business offering a convenient service at an unsustainable price. The startup fought for a second wind after selling off its physical storage operations to ... Nike is the latest company to offer 3% cash back to Apple Card users, when they make an Apple Pay purchase using the card across Nike’s retail platforms, including its stores, Nike.com, SNKRS, Nike Training Club, Nike Running Club and on the Nike app. The addition is one of what’s still a small number of ... The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. PayPal to acquire shopping and rewards platform Honey for $4B Currently, Honey’s 17 million monthly active users take advantage of its ...
Posts Tagged ‘payments’
Marijuana delivery giant Eaze may go up in smoke
Daily Crunch: Visa makes a $5.3 billion acquisition
2019 saw a stampede of fintech unicorns
Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field
Why Bill.com didn’t pursue a direct listing
Robinhood lets you invest as little as 1 cent in any stock
Airbnb invests as Zeus corporate housing raises $55M at $205M
Omni storage & rentals fails, shutters, sells engineers to Coinbase
Nike is latest retailer to offer 3% cash back to Apple Card users
Daily Crunch: PayPal acquires Honey