Deal-finding app Shopular, has raised a USD6.4m Series A round led bySequoia Capital. The startup had previously raised a seed round from Y Combinator and other angel investors. Founded by former Shopkickengineers, Navneet Loiwal and Tommy Tsai, Loiwal explains: “The minimum you need to do is put the app on your phone. Forget about the app, and you’ll start saving money every time you go out shopping.”
Shopular works in 40,000 store locations across the US. With the new funding, Shopular plans to work with retailers directly.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.