News

IPO
Business Development Companies Consider IPOs as Valuations Surge
January 18, 2024

In recent months, business development companies (BDCs) have witnessed a surge in valuations, prompting several firms to opt for public offerings.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loyalty & Rewards
Flashfood CEO Says App Drives Loyalty for Grocers With Deal-Seeking Shoppers
January 18, 2024

As consumers look for lower-priced grocery options amid ongoing budgetary pressures, Flashfood is seeing its eCommerce marketplace, which sells food that would otherwise go to waste at discounted prices, boost grocers’ sales. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Kashable Raises $25.6 Million for Employer-Based Lending Tool
January 18, 2024

FinTech platform Kashable has raised $25.6 million to expand its employer-based lending program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Investments
Billink Raises $32 Million as Consumers Increasingly Expect BNPL
January 18, 2024

Buy now, pay later provider Billink aims to enter new markets after raising $32 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Artificial Intelligence
Kyndryl Launches Generative AI-Powered Workflow Automation Service
January 18, 2024

IT infrastructure services provider Kyndryl has introduced a generative artificial intelligence (AI)-powered solution designed to automate and modernize business processes.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Banking
KeyCorp Says Real Estate Driving Rise in Net Loan Charge-Offs 
January 18, 2024

KeyCorp saw net loan charge-offs rise during the fourth quarter, driven by real estate, healthcare and consumer goods.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Banking
Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
January 18, 2024

The head of Deutsche Bank says merging with Commerzbank is not a priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

IPO
Report: Reddit IPO Could Launch in March
January 18, 2024

Reddit is reportedly ready to go public via an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Investments
DailyPay Raises $175 Million to Expand On-Demand Pay Platform
January 18, 2024

On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...