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Adidas, PayU and Mastercard Say Emerging Markets Remain Important Stepping Stones for Retail Growth
March 27, 2023

With the first quarter of 2023 almost a wrap and many developed markets stuck in the latest crisis — collapsing banks — a lot of the smart money is focusing where the trouble isn’t, which is emerging markets from Latin America to Eastern Europe, the Middle...

IPO
Sezzle Sizzles with 39% Rally but CE 100 Index Barely Budges
March 27, 2023

The CE 100 Index gained 1.2% last week as investors got excited — again — about AI, and the possibility of sustained profits for in the buy now, pay later space.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
OpenEnvoy CEO Says Generative AI Will Soon Spawn Companies of One
March 27, 2023

“Small forest fires” that are “ultimately good for the forest.” That’s how Matthew Tillman, CEO at automated accounts payable (AP) solution OpenEnvoy, is looking at the banking crisis, he told PYMNTS CEO Karen Webster. Silicon Valley Bank’s collapse has forced many company founders to be...

Retail
SNAP Cuts Set to Pinch Consumers and Retailers Alike
March 26, 2023

This week marks the last week before food stamp benefits return to “normal.” 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....

IPO
IPO Fundraising Falls 70% Amid Banking Crisis
March 26, 2023

The global market for initial public offerings continues to struggle amid banking sector upheaval. 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...

Banking
First Citizens and Valley National Reportedly Competing for SVB Assets
March 26, 2023

Two regional banks are reportedly competing to purchase failed lender Silicon Valley Bank. 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....

Banking
Bank of America Reshuffles Lending Unit Employees
March 24, 2023

Bank of America has reportedly shifted some employees from its wealth management and lending unit. 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,...

Investments
Raisin Raises $64.7 Million to Expand Investment and Savings Platform
March 24, 2023

Raisin has gained 60 million euros (about $64.7 million) in a Series E round. 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...

Investments
Vital Raises $24.7 Million for AI-Powered Healthcare Solutions
March 24, 2023

Vital has raised $24.7 million in Series B funding for its artificial intelligence (AI)-powered healthcare solutions. 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...