News

Investments
Coromandel Provides $25M in Credit to Nectar to Finance Short-Term Rental Businesses
September 05, 2022

Coromandel Capital has announced that it will be providing $25 million for a senior secured credit facility to Nectar, which gives cash flow financing for real estate entrepreneurs, a press release said Monday (Sept. 5). Get the Full Story Complete the form to unlock this...

B2B Payments
Digital Lending Firm Biz2X Partners With B2B eCommerce Platform TradeIndia
September 05, 2022

Digital lending SaaS platform Biz2X has teamed with B2B eCommerce platform TradeIndia, to provide financing solutions for micro-, small- and medium-sized enterprises (MSMEs), a press release said Monday (Sept. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Cross-Border B2B Car Dealer TRADE X Expands to Dominican Republic
September 05, 2022

Cross-border auto trading platform TRADE X has announced that it will be rolling out in the Dominican Republic. 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...

Investments
B2B Procurement Platform Eezee Raises $7.5M in Series A
September 05, 2022

Eezee, a Singaporean procurement startup, has raised $7.5 million in a Series A round, which will go toward growing its team and developing new B2B online procurement product features. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
UK Regulators Scrutinize Revolut After Finding Audit Flaws
September 05, 2022

Revolut is being pressured to improve its internal controls for financial reporting, after the U.K.’s Financial Reporting Council said the FinTech’s audits were flawed and had a high risk of “misstatement,” the Financial Times reported Monday (Sept. 5). Get the Full Story Complete the form to...

Security & Fraud
Cybersecurity Breach at Samsung Exposes US Customer Personal Info
September 05, 2022

Samsung was the victim of a cybersecurity breach in late July, which saw United States customers’ personal information exposed. 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...

Banking
CMA Cracks Down on ‘Bundling’ Rules Breach at Top UK Banks
September 05, 2022

The United Kingdom’s Competition and Markets Authority (CMA) this week announced that it has directed NatWest to issue refunds after it was found to have breached banking rules that forbid “bundling.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
EU Digital Wallets Take On Global Card Networks, Strive for Interoperability
September 05, 2022

Interoperability has long been a guiding principle for the European payments ecosystem. 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...

Retail
Petfolk Goes Omnichannel to Level Supply-Demand Imbalance
September 05, 2022

Whether in-store, on the road or through virtual appointments, omnichannel veterinary care provider Petfolk wants to make it all better. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....