News

Investments
SMB Budgeting Platform Helu.io Raises $10M in Series A
July 27, 2022

Helu.io, a budgeting and financial reporting platform for small- to medium-sized businesses (SMBs), announced the close of its Series A funding round, which raised over 9.8 million euros ($10 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Five Ways Banks Simplify Business Payments for Corporate Customers
July 27, 2022

Like consumers, businesses require fast, secure payment methods tailored to their in-the-moment needs.  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....

Investments
Genesis Global Raises $20M in Additional Funding to Drive IT Innovation
July 27, 2022

Low-code application development platform Genesis Global raised $20 million from the Bank of America, BNY Mellon and Citi and follows a $200 million Series C funding round announced in February being earmarked to drive low-code technology as an accelerator for IT innovation. Get the Full...

Banking
Upgrade Offers OneCard for Single Platform Budgeting, Rewards
July 27, 2022

Challenger bank Upgrade is launching OneCard, a new product that provides users with a single card for daily expenses and making payments over time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Grovara Broadens Global Reach of B2B Online Marketplace
July 27, 2022

B2B marketplace Grovara is expanding its global footprint to increase its number of users and orders, according to a company press release Wednesday (July 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
FaceCake, Company.Com Collaborate on ‘Self-Serve’ AR Commerce
July 27, 2022

FaceCake is working with financial services platform Company.com to give small and medium-sized businesses, influencers and content creators access to FaceCake’s artificial intelligence (AI) driven augmented reality (AR) visual commerce platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
Sionic, MX Partner Team on Consumer Bank Payments
July 27, 2022

Consumer-to-business (C2B) payments firm Sionic on Wednesday (July 27) announced a partnership with open finance platform MX that will help to link consumer bank accounts and enable Sionic’s Pay-by-Bank services across the U.S., according to a joint press release. Get the Full Story Complete the...

Retail
LVMH Q2 Focused on Managing Demand for Luxury Goods Instead of Being Economists
July 27, 2022

In a year where most consumers have experienced growing financial stress and had to alter their spending habits in the face of rampant inflation, the well-heeled customers of the world’s largest consortium of luxury brands, LVMH, are on a totally different track. Get the Full...

Retail
Adidas Scales Back Its Financial Outlook for the Year
July 27, 2022

Footwear giant Adidas announced Tuesday (July 26) that it’s adjusting its outlook for this year downward, citing a slower-than-expected recovery across Greater China since the start of the third quarter and the potential for slowdowns in other markets as a recession looms. Get the Full...