News

B2B Payments
Today in B2B: Companies Lack in-House Digitization Expertise; BNPL Reduces Supplier-Buyer Friction
May 11, 2022

Today in B2B payments, a lack of in-house know-how hinders companies’ attempts to digitize, while buy now, pay later (BNPL) connects buyers and suppliers. Plus, Billtrust and Flywire modernize B2B payments; private labels and better packaging can remove the stigma around products made in Africa;...

Investments
Deserve Adds $250M to Support Growth of Digital Credit Card Platform
May 11, 2022

Credit card startup Deserve on Wednesday (May 11) secured a $250 million credit facility with Goldman Sachs, Cross River and Waterfall Asset Management that will help the platform expand its digital credit card offering to more people in more places, according to a company press...

Fintech Investments
Today in FinTech: Savings With Bitcoin; Embedded Finance Tools; Digital Goes Physical 
May 11, 2022

In today’s FinTech news, spare change can add up to (possible) bitcoin wealth with a new savings app for the French, while an embedded finance tool can help small businesses transform. Plus, digital data is being tapped to provide in-store intel. Get the Full Story...

Retail
Today in Retail: TikTok and Foursquare Partner on In-Store Visit Metrics; Wolverine’s Q1 Reflects Consumers’...
May 11, 2022

Today in retail, sellers are relying on social media to boost their bottom lines while Kohl’s shareholders retain its 13 member board of directors, defying a push by Macellum Advisors to make leadership changes. Get the Full Story Complete the form to unlock this article...

B2B Payments
Billtrust, Flywire Results Show B2B Payments Modernization Continues, Cards Gain Acceptance
May 11, 2022

To the casual observer, earnings season may be all about the consumer — how they’re spending, what they’re buying and whether they’re using credit or debit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
CarGurus Launches Digital Platform to Connect Dealers With Shoppers
May 11, 2022

Online vehicle platform CarGurus has debuted CarGurus Digital Deal, a new retail offering that allows shoppers create personalized deals that meet their budgetary needs through dealers’ listing pages, according to a Wednesday (May 11) press release. Get the Full Story Complete the form to unlock...

Investments
Blockchain Data Firm Chainalysis Raises $170M at $8.6B Valuation
May 11, 2022

Chainalysis raised $170 million in a Series F funding round led by Singapore’s sovereign wealth fund GIC that doubles the company’s valuation to $8.6 billion since June of last year, according to multiple media reports on Wednesday (May 11).  Get the Full Story Complete the...

Investments
SME Financing Platform Crowdz Raises $10M
May 11, 2022

Invoice financing platform Crowdz has landed $10 million in financing of its own, the company said in a news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
CFOs: Lack of In-House Expertise Hinders Attempts to Digitize
May 11, 2022

Many companies continue to depend on legacy business-to-business (B2B) payments infrastructure that adds untenable costs and frictions to the process.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....