If Sezzle’s Q2 revenue guidance is any indication, BNPL is going to have a huge year when the dust settles on 2024. The company posted huge increases in all facets of its business Wednesday (Aug. 7) and expects total revenue to increase 35%-40% year over...
CVS Health grew its revenues by 2.6% in the second quarter, crediting this year-over-year improvement in part to its growing number of digital customers, its offering of biosimilar prescriptions and its closure of underperforming stores. “We extended our digital reach with nearly 60 million unique...
Marqeta posted second-quarter results that showed total processing volumes (TPVs) surged 32% to $71 billion. During the conference call with analysts, CEO Simon Khalaf noted on Wednesday (Aug. 7) that as had been seen in past quarters, “consumers continued to branch out in financial services...
On Monday (Aug. 5), the platform powering 24-7 trading for brokers like Robinhood went offline. The platform, Blue Ocean, is the infrastructure provider responsible for executing stock trades between traditional market off hours, those falling between 8 p.m. and 4 a.m. (ET), and it was...
Ride-hailing platform Lyft on Wednesday (Aug. 7) announced performance benchmarks in the second quarter, reflecting strong engagement from both riders and drivers. The company reported a record 23.7 million active riders, representing a 10% increase from the previous year. Total rides hit a new high of 205...
FIS says it is on pace to have a record year for sign-ups to its core banking offering. It’s a trend driven by “competitive takeaways” and greater traction in the community banking sector, Stephanie Ferris, CEO of the financial services technology provider company, said on an earnings call Wednesday...
Around the world, eCommerce companies look to grow their share of consumers’ overall retail spending. For Coupang, the real opportunity lies in boosting current customers’ spending more than gaining new shoppers. The multinational eCommerce company shared in its second-quarter 2024 earnings results, reported Tuesday (Aug....
The U.S. healthcare system is a thorny, complex and at times highly inefficient ecosystem. Against this backdrop, new disruptive healthcare technologies and platforms are stepping in to make a healthier life accessible and affordable — a group of digital-first businesses among which Oscar Health counts...
As consumers across income groups feel economic pressure, luxury secondhand marketplace The RealReal is seeing its customers continue to spend but demand more value for their dollar. The company shared in its second-quarter 2024 earnings results Tuesday (Aug. 6) that active buyers increased by 9%...
