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Bolt Nets $75 Million In Funding Round For eCommerce Innovation

PYMNTS

Checkout platform Bolt has closed a funding round with $75 million, capping a year where it processed $1 billion in transactions, according to a report by Venture Beat. The round was led by General Atlantic and WestCap , and existing investors Activant Capital and Tribe Capital also participated.

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Thought Machine Notches $83M For Cloud Banking

PYMNTS

Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair, Thought Machine announced on Monday (March 2).

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Where Big Tech Is Placing Bets In Healthcare

CB Insights

Below, we compiled a list of the top 10 tech companies in the US by market cap (as of 9/6/18) and analyzed their private market activity in the healthcare space. Since 2012, the top 10 tech corporates in the US have participated in 209 healthcare financing deals and have spent a total of $4.7B First Name. BUSINESS SOCIAL GRAPH.

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Today In Data: The Evolution Of Commerce Intermediaries

PYMNTS

Merchant guilds organized trade in the Grand Bazaar, licensed the rules of engagement for merchants, limited what type and how many of each seller would be able to participate and standardized both pricing and operating hours. 91 million | Number of tourists from all over the world who came to the 2014 Grand Bazaar.

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Finovate Global Mexico: Banorte’s Digital Bank, Amazon’s BNPL Partnership with Kueski Pay

Finovate

The Light Account has a monthly cap of 3,000 UDIS (investment units), which equals approximately 24,000 Mexican pesos. Payments can be made by linked bank account, debit card, or cash at participating networks. Pago was founded in 2010 and made its Finovate debut at FinovateFall 2014. Pago Mexico City-based fintech Sr.

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Bitcoin Tracker: Another Tough Week

PYMNTS

The estimated market cap is at just over $16.6 The Series A included participation from Lakestar and Blockchain Capital, among others. Given the outcomes for the prior two, things look grim for the viability of their Bitcoin Investment Trust. At the time of writing, one bitcoin was worth $1,023.68, down 1.61

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Is Stitch Fix’s IPO The Latest E-Commerce Dud Or Is Its Styling Algorithm A Game-Changer?

CB Insights

In June 2014, Stitch Fix raised a $30M Series C at a much higher $314.4M It raised $46.8M, all in 2013-2014, and has not raised additional funding since June 2014. Baseline participated in Stitch Fix’s Series A and C; Lightspeed invested in the Series A; and Benchmark led the Series B and followed on in the Series C.

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