Flywire CEO On $100M Cap Raise, Stripe Lets Businesses Issue Virtual Cards, SEC Blocks Winklevoss EFT. | | Flywire CEO On $100M Capital Raise Itâs a good day when one of the biggest investors in FinTech leads a $100M round for one's business. That good day was enjoyed by Flywire yesterday, on the news that Temasek led a $100M round to accelerate the expansion of the firmâs global receivables network across geographies and verticals. Flywire CEO Mike Massaro told Karen Webster what it all means, how it all came together (quickly) and whatâs next. |
Marketplace Sellers Drive Amazonâs Q2 Profit Train Despite a slight miss on revenue, investors were pleased with Amazon's Q2 performance, as its reported earnings doubled forecasts. Advertising and web services pushed the profit train in the second quarter, as did more sales from third-party sellers. And despite Prime member price increases, not to worry. CFO Brian Olsavsky told analysts that memberships are "looking really, really good." |
How Wordapp Uses Payments To Keep The Text Flowing Online marketplace Wordapp matches writers with online retail and marketing clients, all of whom need an endless supply of words for ads, product descriptions, blogs and other forms of copy. In the latest PYMNTS âMatchmakersâ interview, Wordappâs Cem Arel talks about how the platform uses payments and machine learning to boost the marketplaceâs appeal for both writers and clients. |
| IoT Tracker | TRENDING: IoTâs Big Security Fail Bad actors are increasingly targeting connected devices, and network providers are fighting back. But when it comes to protecting the IoT, a one-size-fits-all approach simply doesnât fit. The security measures that protect IoT devices in business settings donât readily translate to devices in consumersâ homes, says Marcio Avillez, SVP of networks at CUJO AI. In the latest Intelligence of Things Tracker, Avillez makes a case for taking a device-specific approach in thwarting threats to smart homes. | | |
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