News

Retail
Instagram to Host Retail Pop-Up Store in NYC
May 17, 2022

To commemorate the third anniversary of Instagram’s @shop account, the social media company will be hosting a two-day, physical retail pop-up store in New York City next week, the company announced Monday (May 16). Get the Full Story Complete the form to unlock this article...

B2B Payments
Today in B2B: TurnKey Lender, VoPay Partner on Digital Lending; TreviPay, Companynet Team on Trade...
May 17, 2022

Today in B2B payments, TurnKey Lender and VoPay collaborate to digitize lending, while TreviPay and Compaynet partner on trade credit. Plus, cryptocurrency treasury management platform Coinshift raises $15 million in a Series A funding round, and fashion supply chain platform Fashinza grabs $100 million in...

B2B Payments
CFO’s Untold Secret About Digitization: It’s Not All About Cost Savings
May 17, 2022

Smaller companies tend to see their digitization efforts as an avenue to eliminate manual processes and cut costs, according to “Business Payments Digitization,” a PYMNTS and Corcentric collaboration based on a survey of chief financial officers (CFOs) from firms that generate between $400 million and...

Retail
Walmart’s Customer ‘Switching’ Shows Inflation Hitting the Paycheck-to-Paycheck Consumer
May 17, 2022

For Walmart, the paycheck-to-paycheck economy — and its pressures — dictate how the retailing giant’s fortunes will fare, especially over the near term. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Today in Retail: More Than 3 in 5 Firms Use Digital Marketplaces More Often; Kwik...
May 17, 2022

Today in retail, supply chain hangups and inflation play major role in Walmart’s quarterly earnings report while U.S. retail sales rose 0.9% in April. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Crypto Treasury Management Firm Coinshift Raises $15M
May 17, 2022

Crypto treasury management company Coinshift said Tuesday (May 17) that it had raised $15 million in a Series A funding round and was set to launch a new version of its platform. Get the Full Story Complete the form to unlock this article and enjoy...

International
EMEA Daily: Earlybird Catches $370M in Investments
May 17, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, Germany’s Earlybird Venture Capital closes a $370 million fund and backs two newly-minted unicorns. Plus, Mastercard teams up with MultiPay to provide installment payment options to customers in Ireland, and Oman’s Bank Muscat unveils new...

Investments
Earlybird Investment Portfolio Includes 2 New Unicorns as It Closes $370M Fund
May 17, 2022

Berlin-based Earlybird Venture Capital has closed its seventh early-stage fund from its Digital West investment team at a cap of 350 million euros (about $370 million), according to a Tuesday (May 17) press release, while the company is among the investors in a pair of...

Investments
Fashion Supply Chain Platform Fashinza Raises $100M
May 17, 2022

Fashinza, a B2B marketplace/supply chain platform for fashion brands and retailers, has raised $100 million in a Series B 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...