News

Banking
Chime, Nubank No.1 in PYMNTS’ Digital Banking App Provider Ranking
October 25, 2022

In the latest edition of PYMNTS’  Provider Ranking of Digital Banking apps, 13 apps have earned a place on this month’s Top 10 list. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Real Estate Startup Bilt Sees Valuation Quadruple to $1.5B
October 25, 2022

The chief executive of real estate startup Bilt Rewards says his company has seen its valuation grow fourfold to $1.5 billion following a $150 million equity funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Real-Time Payments Are Ready, But Much of the World Isn’t
October 25, 2022

The cost, time and experience upgrade that digital payments promise cross-border senders and receivers may be crystal clear to some, but it hasn’t happened yet. Even though there’s every reason to get it done with all speed, holdouts abound in parts of the world that...

Delivery
Kroger Makes Long-Game Gen-Z Play with University Partnership
October 24, 2022

Kroger is making a long-term bet on the growth of eCommerce and Gen-Z consumers via a new grocery delivery partnership with the University of Kentucky. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
FinTech Winter Chills Funding as Busted IPOs Litter Landscape
October 24, 2022

Once hot FinTechs are now facing continued pressure, particularly on the funding front. 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
Dutch B2B Lending Platform Floryn Secures $64M From NatWest
October 24, 2022

Floryn, a Netherlands-based online lending firm for small- to medium-sized businesses (SMBs), announced on Friday (Oct. 21) that it has raised 65 million euros ($64 million) from U.K. bank NatWest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Plastiq Launches Updated Embedded Finance Solution
October 24, 2022

B2B payments platform Plastiq has launched the next generation of its Plastiq Connect embedded finance product, saying it now offers an embeddable user interface (UI) that requires less development time.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
October 24, 2022

Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely dependent on Chinese and other international customers now subject to a 20% tax on purchases.  Get the Full Story Complete...

Banking
Citi Unveils Integrated Payments and Billing Platform
October 24, 2022

Citi says it has integrated its Spring eCommerce and B2B digital payments services with Present and Pay, its electronic bill present platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...