This week Havenly announced it has raised $12.5 Million in Series B funding. The company's co-founder and CEO Lee Mayer explains how she is using this funding to grow the brand.
Mayer explains Havenly is using this surge of funding to enhance the user experience. The start-up is leveraging data to match consumers with the right designers to create a personalized experience.
"We're planning on expanding on the technology, and growing our team," said Mayer. "We basically help you decorate your entire home."
Venmo will soon have accounts for teenagers ages 13-17 but they will have to follow a set of rules, with parents or guardians opening accounts on their behalf under their own accounts.
Rory Harvey, General Motors' incoming North American president, joined Cheddar News to discuss GM's foray into the rapidly-changing electric vehicle market along with what lies ahead. "It's a very dynamic time in the automotive industry," he said. "If you look to the transformation across the EVs, it's happening and it's happening at a pace."
Ford Motor laid out some financial expectations and specific growth objectives for its electric vehicle line at an investors' event on Monday. John Lawler, chief financial officer of Ford Motor Co., joined Cheddar News to explain what lies ahead for the automaker.
Teenagers will officially be allowed to open a Venmo account with their parent's permission, the company said Monday, expanding the popular social payments app to an age demographic that is likely to embrace it almost immediately.
