German grocery delivery app Gorillas will lay off 300 workers — a move that halves its administrative staff — as the company moves its focus from expansion to becoming profitable, its CEO said. Get the Full Story Complete the form to unlock this article and...
Zowie, maker of an AI (artificial intelligence)-powered chatbot for eCommerce companies, announced Tuesday (May 24) that it had raised $14 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Global PayTech Ventures (GPT) recently invested in European FinTech platform Gibobs Allbanks to help users access financial services, according to a company press release Tuesday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As grocery shoppers who are used to the speed and convenience of online shopping grow frustrated with the time-intensive process of traditional checkout, businesses are finding new ways to remove friction from the payment process. Get the Full Story Complete the form to unlock this...
Electric vehicle (EV) charging networks’ stations and apps are promoting commerce beyond just charging vehicles. Increasingly, they’re being used to promote other brands and stores that are near where the vehicle will be parked. Get the Full Story Complete the form to unlock this article...
To build a business from the ground up takes money. 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...
The American love affair with cars may still be intact but that special, 100-year-old relationship has never faced more changes and challenges at one time than it is right now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Accounts payable (AP) Payments-as-a-Service (PaaS) platform Finexio announced that it has formed a partnership with California business bank Banc of California. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Best Buy hasn’t been able to withstand the economic triple whammy of a pandemic, supply chain snags and a looming recession as well as some other brands, and that struggle has the company rethinking what lies ahead for it the rest of this fiscal year....
