News

B2B Payments
B2B Payments Infrastructure Firm TransferMate Valued at $1B
May 23, 2022

Dublin-based B2B payments infrastructure firm TransferMate has raised $70 million in new funding, valuing the company at $1 billion. 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...

Retail
Retailers Seek New Supply Chain Efficiencies to Offset Soaring Diesel
May 23, 2022

If you think the $100 hit from filling your tank with gasoline is bad, imagine how truck drivers and fleet operators feel when they face costs ranging from $700 to $1700 to fuel up a big rig with diesel. Get the Full Story Complete the...

Retail
GameStop Jumps Into Crypto, NFTs With Digital Asset Wallet Launch
May 23, 2022

GameStop Corp. on Monday (May 23) unveiled a digital asset wallet that will let gamers and other store, send, receive and use cryptocurrencies and non-fungible tokens (NFTs) on several decentralized apps without leaving their web browsers, according to a company press release. Get the Full...

Investments
FinTech equipifi Raises $12M for BNPL Bank Service
May 23, 2022

FinTech equipifi has raised $12 million in a Series A funding round to continue rolling out its white-label buy now, pay later (BNPL) service to banks and credit unions (CUs), the company announced in a Monday (May 23) press release. Get the Full Story Complete...

Investments
Used Car Marketplace Sylndr Raises $12.6M
May 23, 2022

Egyptian online used car marketplace Sylndr is looking to expand after raising $12.6 million in a pre-seed funding 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...

Retail
Sycamore Partners Drops Ted Baker Buyout Pursuit
May 23, 2022

The board of British fashion retailer Ted Baker has narrowed its choices for the company to which it plans to sell the brand, less than a month after it got several non-binding offers, according to a company press release Monday (May 23). Get the Full...

Investments
PYMNTS AM Radar: MatchMove Buys Shopmatic, Hospitality in Virtual Kitchens
May 23, 2022

Today is May 23. It’s Victoria Day in Canada. A holiday originally meant to mark the birthday of Queen Victoria, it now serves as a celebration of the country’s sovereign and — like Memorial Day in the U.S. — the unofficial launch of Canada’s summer....

eCommerce
Revised Census Data Shows eCommerce Share Didn’t Plummet After All
May 23, 2022

In 1986, Former President Ronald Regan said that the nine most terrifying words in the English language are, “I’m from the government, and I’m here to help.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
‘Dark Kitchen’ Brands Still Need to Focus on Virtual Hospitality
May 23, 2022

With the rise of digital ordering, many of today’s restaurant customers no longer expect to have an in-person relationship with all the brands they purchase from. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...