News

Retail
Instacart Shelves IPO Plans Citing Rocky Markets
October 21, 2022

Food delivery service Instacart is reportedly holding off on plans to go public as it waits for a more favorable business climate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
How CFOs Navigate the ‘Cross-Border Storms’ of B2B Payments
October 21, 2022

From small businesses to global brands, businesses continue to face challenges when making payments across borders in order to pursue the massive opportunity that doing business globally provides. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Europe
CFOs Lean Toward Short-Term Investments Amid Stock Market Volatility
October 21, 2022

Whether it’s inflation volatility, market volatility or interest rate volatility, the uncertain macroeconomic landscape has had a huge impact on cross-border treasury management, forcing chief financial officers (CFOs) and treasurers to adopt strategies that will help hedge their businesses against the present mix of volatile...

B2B Payments
FLEETCOR Purchases Lodging Provider Roomex To Boost B2B Lodging 
October 20, 2022

Business payment company FLEETCOR has said it will be buying European workforce lodging provider Roomex, which will help the company add to its lodging business and help it expand more internationally, a press release said. Get the Full Story Complete the form to unlock this...

Europe
Exits, Partnerships Signal Ongoing Shakeup In Competitive EU Q-Commerce Market
October 20, 2022

The global delivery food market has been going through a shakeup this year, one that has been defined by high-profile exits, partnerships and consolidation moves as industry players seek to gain an edge in the fast-growing, competitive European quick commerce market. Get the Full Story...

Global Payments
Payroc Debuts Embedded Finance API Platform
October 20, 2022

Global payments company Payroc has debuted a new API suite and developer documentation site, a press release said, which will give technology providers more embedded payments flexibility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Today in B2B Payments: Firms Launch BNPL, Mobile App, Storefront
October 20, 2022

Today in B2B payments, Ionia and Certegy roll out a new buy now, pay later (BNPL) offering, Wave debuts a new mobile app for small business owners and Jimmy Brings launches a new storefront. Plus, Capital on Tap secures a $110 million credit facility to...

Europe
Nigeria Promotes Innovation, Becomes Latest African Country to Pass Startup Act
October 20, 2022

With presidential assent marking its final passage into law, the Nigeria Startup Bill has become the Nigeria Startup Act as of Wednesday (Oct. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
FinTech IPO Index Off 3% Amid Conflicting Signals On Consumer Spending
October 20, 2022

The FinTech IPO Index was down 3.2% heading into the end of the week and is down 10.2% headed into the final days of October. The hole is a deep one if the Index is ever to make it into positive territory — the Index...