News

B2B Payments
B2B Payment Funding Down — But Not Out
September 06, 2022

Venture capital, private equity, seed and angel funding have been in the doldrums this summer, but there has been activity in the B2B payments space. According to Crunchbase, 10% of the top 100 most recent transactions were in the B2B FinTech space. Get the Full...

Payment Methods
Monavate Provides Prepaid Card Scheme for Maps.me
September 06, 2022

U.K.-based FinTech Monavate has announced a new prepaid Mastercard card product in collaboration with Maps.me that will allow the travel app developer’s 60 million users to make payments wherever Mastercard is accepted, according to a Tuesday (Sept. 6) press release. Get the Full Story Complete...

Ridesharing
Uber Expands Services in Sub-Saharan Africa
September 06, 2022

Uber has launched a series of new products and features in five countries across sub-Saharan Africa, the ride-hailing company announced Tuesday (Sept. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Chargezoom Raises $10M to Grow AR Automation Solution
September 06, 2022

B2B invoicing and payments platform Chargezoom has raised $10 million in Series A funding to continue its product expansion and double the size of its staff by the end of the year.  Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Crypto Lender Credix Raises $11.3M in Series A
September 06, 2022

Cryptocurrency credit startup Credix has raised $11.25 million in a Series A funding round, the Belgian company announced Tuesday (Sept. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
ADT Locks up $1.5B in Investments From State Farm, Google
September 06, 2022

Security company ADT has secured a total of $1.5 billion in investments from insurer State Farm and Google, the company announced Tuesday (Sept. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Bike.com Looks to Make Non-Car Commuting Seamless, Fast and Fun
September 06, 2022

Gasoline prices may have come down from peak levels set earlier this summer, but the case for converting to an electric or pedal-assisted bicycle is still a compelling and financially viable option that continues to enjoy outsized growth. Get the Full Story Complete the form...

Merchant Innovation
Boots Launching Online Marketplace as Part of Digital Transformation
September 06, 2022

Boots is set to debut an online marketplace next year that will let third-party brands sell their wares through the Walgreens-owned U.K. health and beauty retailer as it undergoes a “digital transformation.” Get the Full Story Complete the form to unlock this article and enjoy...

Retail
CommerceHub to Buy ChannelAdvisor, Enabling Discovery of More Products
September 06, 2022

Commerce network CommerceHub is to acquire cloud-based eCommerce solution provider ChannelAdvisor for $23.10 per share — a 57% premium over the company’s Friday (Sept. 2) closing stock price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...