News

Delivery
Delivery Startup Gopuff Cuts Hundreds of Jobs
October 19, 2022

Philadelphia, Pennsylvania-based delivery startup Gopuff has cut hundreds of workers as part of an earlier round of layoffs over the summer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Europe
EMEA Daily: Deliveroo to Exit Dutch Market in November
October 19, 2022

Today in Europe, the Middle East and Africa, Deliveroo announced the date for its withdrawal from the Dutch market, and Egyptian B2B marketplace MaxAB announced plans for regional expansion following the close of a $40 million pre-Series B round. Get the Full Story Complete the...

B2B Payments
B2B Marketplace MaxAB Raises $40M for MENAP Expansion
October 19, 2022

The Cairo-based B2B eCommerce and distribution business MaxAB on Wednesday (Oct. 19) announced the close of a $40m pre-series B funding round to fuel its expansion across the Middle East, North Africa and Pakistan (MENAP) region. Get the Full Story Complete the form to unlock...

Delivery
Uber Eats Bets It Can Succeed Where Fast Grocers Failed
October 19, 2022

Uber Eats may be able to succeed in the quick commerce space where ultrafast grocery startups failed. The aggregator announced Tuesday (Oc. 18) its first such initiative in the United Kingdom under the name Uber Eats Market, in partnership with British supermarket chain Iceland Foods....

SPAC
Malaysian FinTech Super Apps Plans $1.1B SPAC Merger
October 19, 2022

Malaysian payments technology company Super Apps is set to go public in the United States via a special purpose acquisition company (SPAC) merger that values the firm at $1.1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Oracle B2B Commerce to Provide Integrations With JPMorgan, FedEx
October 19, 2022

Cloud applications and infrastructure provider Oracle has announced that J.P. Morgan and FedEx are among the first service providers that will participate in the new Oracle B2B Commerce offering, which includes services that will integrate and automate end-to-end B2B transactions. Get the Full Story Complete...

B2B Payments
Paysafe, HotelKey Partner to Streamline Hotels’ Retail, B2B Payments
October 19, 2022

Specialized payments platform Paysafe and cloud-based software solution provider HotelKey have partnered to enable frictionless payments for U.S. hotels across both their retail touchpoints and their back-of-house operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Delivery
Deliveroo to Exit Dutch Market in November
October 19, 2022

Two months after announcing a plan to pull out of the Netherlands, United Kingdom-based food delivery aggregator Deliveroo has made it official. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Buy Buttons and BNPL a Powerful Pairing for 2022 Holiday Selling
October 19, 2022

In the fast and frictionless checkout game, buy buttons have taken a circuitous route since first appearing on Amazon in 1995. But 27 years later, with the concept all grown up and accessible in more places than ever, retail’s embrace of the rapid checkout solutions...