pymnts Profile:
OfferUp
Launched in 2011 by Nick Huzar, former co-founder and CTO of Konnects, Inc., and Arean van Veelen, OfferUp is a mobile-driven local marketplace that competes with companies such as eBay, Craigslist and Facebook Marketplace.
Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
November 7, 2023
The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to browse. Fortunately, PYMNTS has you ...Read moreShein and Walmart Vie for Top Spot on Provider Ranking of Shopping Apps
October 16, 2023
This month in PYMNTS’ Provider Rankings of Shopping Apps we see Walmart climbing to the top, giving Shein something to fight for. We also see double ties in our lower half but ...Read morePYMNTS Provider Ranking Rates Top Shopping Apps Defining Retail
September 12, 2023
The PYMNTS Provider Ranking of Shopping Apps showcases the top-performing apps transforming the shopping experience. This month, there are four ties, and Shein finds itself back in first place. The Top 5 Shein ...Read moreAs Summer Wanes, Shein Shines Atop Shopping App Rankings
August 14, 2023
Back to school looms, and shopping — for now, at least — revolves around backpacks, Chromebooks, fall fashion, sneakers and, possibly, stocking up on dorm room snacks. And for the key ...Read moreProvider Ranking of Shopping Apps Shows Brands Hunkering Down for Summer
May 31, 2023
You may have clicked this link looking for radical changes of position in PYMNTS’ Provider Ranking of Shopping Apps. Sorry to disappoint, but this is not the month for rank changes. In ...Read moreShein Hauls Its Way to Top of Provider Ranking of Shopping Apps Again
May 8, 2023
Been shopping lately? It’s pricey out there. The wise shopper is prepared, and the PYMNTS Provider Ranking of Shopping Apps indicates how those wise shoppers save. Putting our money where our ...Read moreProvider Ranking of Shopping Apps Goes on a Spree of Small Changes
March 20, 2023
What’s better than a shopping app? Air. Maybe. See if you don’t agree after perusing this month’s latest listings to see who’s got the mobile shopping mojo. The Top 5 Still at ...Read moreSHEIN and Walmart Share Top Spot Among Shopping Apps Rankings
December 8, 2022
In the latest Provider Ranking of Shopping Apps, we find three ties among 13 different retailers, including a neck-and-neck race to claim the top spot and some churn at the bottom ...Read moreNew Shopping App Provider Ranking Packs In Deals and More Deals
May 19, 2022
Inflation, schmiflation. People purchase the things they need and want regardless of macroeconomic headwinds and anything else that gets between us and our stuff. Witness the latest PYMNTS Provider Ranking of ...Read moreShopping Apps Provider Ranking All Trading Places and Some Returning Faces
April 19, 2022
Lots of movement in PYMNTS Provider Ranking of Shopping Apps this cycle, which we take as a positive sign that despite inflation and war and pandemics, people still want that ...Read more

Fraud Defense Moves From the Back Office to the Codebase
March 13, 2026
The evolution of digital payments has often followed a predictable pattern. As transactions become faster and more seamless, new layers of infrastructure emerge to support them. Cloud computing, for example, enabled scalable ...Read moreAI Forensics Takes Aim at Compliance Gridlock
March 11, 2026
Watch more: Digital Shift With Flagright’s Madhu Nadig Scale is fast becoming a central challenge in financial crime compliance. As digital payments expand and real-time transactions accelerate, the number of alerts generated ...Read moreThe Construction Problem Few Talk About: Payment Delays
March 5, 2026
The construction industry builds skylines, bridges and critical infrastructure, yet its own critical financial infrastructure often runs on outdated payment practices. Findings in the February 2026 edition of the B2B and ...Read moreIndia’s PhonePe Aims For $10.5 Billion Valuation in IPO
March 4, 2026
Indian payments platform PhonePe reportedly hopes to go public at a valuation of $9 billion to $10.5 billion. This indicates that the Walmart-backed company will raise around $900 million to $1.05 ...Read moreMerchants Start Chasing High Approvals Instead of Low Fees
March 4, 2026
Watch more: Need to Know With North’s Suril Patel When merchants viewed payments solely through the lens of cost, they typically looked for as little cost as possible. But that one-dimensional calculus ...Read moreRipple Payments Expands Digital and Fiat Cross-Border Rails
March 3, 2026
Ripple Payments now allows customers to collect, hold, exchange and payout in both fiat and stablecoins. The platform also enables customers to provision named virtual accounts and wallets, automate collection flows, ...Read morePayPay Aims to Raise $1.1 Billion in US IPO
March 3, 2026
PayPay reportedly hopes to raise up to $1.1 billion when it goes public. That’s according to a report Tuesday (March 3) from Bloomberg News, which says it would be the largest ever initial public ...Read moreMaking Digital Payments Feel Human Is Next Competitive Edge
February 27, 2026
Watch more: What’s Next in Payments With Paymentus’ Nicole Haskins The FinTech landscape has overindexed on innovation. But in an operational landscape defined by automation, predictive analytics, and invisible payments, the ...Read moreInteroperability Is Missing Layer Connecting Blockchains to Merchant Systems
February 25, 2026
Interoperability in crypto payments has long been discussed as a technical aspiration. Over the past several months, it has started to look more like a commercial necessity. As stablecoins and digital ...Read moreSmall Businesses Signal It’s Time to Move Beyond Checks, PYMNTS–Mastercard Report Finds
February 25, 2026
Small to mid-sized businesses (SMBs) are approaching a practical turning point in how they pay. Cash and checks still play an outsized role in day-to-day operations, especially for supplier and ...Read more
Meta’s Avocado Delay Puts $135 Billion AI Bet Under Scrutiny
March 13, 2026
Meta delayed the launch of Avocado, its next-generation artificial intelligence model. The company pushed the release to at least May from a planned debut this month, The New York Times reported ...Read moreMusk Says X Money Set to Debut in April
March 10, 2026
Elon Musk said X Money is set to launch in April. “X Money early public access will launch next month,” Musk said in a Tuesday (March 10) post on X. ? Money early ...Read moreNew Visa API Tool Updates Payment Infrastructure
March 9, 2026
The Visa Acceptance Platform now enables acquirers to modernize their payment processing through a single API. The capability comes from the newly launched Visa Intelligent Authorization, which is now available to ...Read more86% of Top Performing Credit Unions Support Open Banking
March 9, 2026
Small businesses may still like the local, relationship-first feel of credit unions, but that loyalty now comes with a digital price tag. The new PYMNTS Intelligence and Velera report, “Credit Union ...Read moreFinTechs Target Budget Stress to Meet Affordability Crisis
March 4, 2026
There’s an affordability crisis rocking households in the United States. Housing, insurance, healthcare, childcare, transportation and other categories once expected to scale gradually with income have instead shifted upward in step ...Read moreAI Agents Start Shopping and Payments Firms Adapt
February 26, 2026
Watch more: What’s Next in Payments With FIS’ Mladen Vladic Innovation in payments has historically followed a bottom-up adoption curve. Niche players test, incumbents wait, standards emerge, and scale follows. Agentic commerce, a ...Read moreUS and Canadian Middle-Market Firms Gain Working Capital Edge With AI Cash Forecasting
February 19, 2026
Cash is king when uncertainty reigns. But for many firms, profit is not disappearing due to macroeconomic forces alone. In many cases, it is being forfeited through slow processes, limited ...Read moreCash App Debuts Payment Links to Make P2P Less Formal
February 11, 2026
Cash App introduced a peer-to-peer payment feature designed to simplify money requests. The company’s new payment links service lets customers generate shareable Cash App payment request links that can be sent ...Read moreNearly Two-Thirds of Credit Unions Turn to FinTechs to Upgrade Core Products
February 6, 2026
Not long ago, FinTechs and credit unions often approached each other from opposite sides of the same market. Today, they increasingly meet in the middle, trading rivalry for collaboration as both ...Read moreSupply Chain Stress Forces Buyers and Suppliers to Rethink Payment Terms
January 29, 2026
Watch more: Need to Know: Boost Payment Solutions’ Daniel Artin B2B payments typically arrive with invoice and remittance data, not fanfare. These fundamental value transfers are largely invisible to anyone outside finance ...Read more
The Digital Economy’s Longest-Running Grudge Matches
March 14, 2026
In the digital economy, not every war is fought over market share. Some are fought over principle, some over pricing and some, let’s be honest, because an adult in a ...Read moreMeta’s Avocado Delay Puts $135 Billion AI Bet Under Scrutiny
March 13, 2026
Meta delayed the launch of Avocado, its next-generation artificial intelligence model. The company pushed the release to at least May from a planned debut this month, The New York Times reported ...Read moreFedEx Replaces Legacy Tech to Empower AI Agents
March 13, 2026
FedEx aims to have artificial intelligence agents participating in more than half of its core operational workflows by 2028, The Wall Street Journal reported Friday (March 13). “Every employee and every ...Read moreAWS, Nvidia and MassRobotics Name 9 Startups for 2026 Physical AI Fellowship
March 12, 2026
Amazon Web Services, Nvidia and MassRobotics have named nine startups for the 2026 cohort of the Physical AI Fellowship, highlighting the growing push to develop artificial intelligence systems that operate ...Read moreCan LayerZero Make 168 Blockchains Talk to Each Other?
March 9, 2026
In the early days of the internet, networks did not naturally speak to one another. Standards had to emerge, trust had to be layered on top of open protocols and institutions ...Read moreBankers Tell Lawmakers Fraud Is Growing Faster Than Defenses
March 5, 2026
Bank executives appearing before a House Financial Services subcommittee Thursday (March 5) delivered a blunt message. Financial fraud has become more sophisticated, more coordinated and more difficult to contain, even as ...Read moreApple Slashes Entry Price With MacBook Neo
March 4, 2026
Apple unveiled a new laptop Wednesday (March 4) that it said offers the Mac experience at a “breakthrough price” that starts at $599 for consumers and $499 for students. The MacBook Neo features ...Read moreAI Data Centers Starve Budget Smartphones of Memory Chips
March 2, 2026
The artificial intelligence industry is causing a shortage of memory chips needed by the smartphone industry even as AI features become part of the latest mobile devices, Bloomberg News reported ...Read moreAT&T Slashes AI Costs 90% by Swapping Large Models for Small Ones
February 27, 2026
AT&T boosted the efficiency of its internal Ask AT&T personal assistant by reworking the orchestration layer and shifting more of the work from large language models (LLMs) to small language ...Read moreAI Pioneer Andrew Ng Expects Decades-Long Wait For AGI
February 27, 2026
Artificial intelligence pioneer Andrew Ng said the industry is decades away from developing artificial general intelligence (AGI). In an interview with Fast Company posted Friday (Feb. 27), Ng said he defines ...Read more