News

Investments
Colombian FinTech Leal Snags $10M in Series A Funding
March 31, 2022

Colombian-based consumer and FinTech company Leal raised $10 million in a Series A fundraising round that will help it roll out its co-branded credit card and increase the size of its Mexico operations, according to a company press release. Get the Full Story Complete the...

B2B Payments
Ten-fold Borrowing Increase Drives UK B2B Lender MarketFinance to Profit
March 31, 2022

MarketFinance saw its business reach profitability in 2021, with a revenue increase of 133%, the U.K. business lender announced in a Thursday (March 31) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Today in FinTech: GoTo IPO on Track; Khazna Using Capital for Underbanked; TD Auto Offers...
March 31, 2022

In today’s FinTech news, GoTo’s public offering in Indonesia is moving forward, while Khanza’s funding will help Egypt’s underbanked population. Plus, TD Auto Finance offers car dealers real-time payments throughout the day. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
FinTech IPO Tracker Wraps up 1Q Down 20% YTD
March 31, 2022

Right into the end of the quarter, and year to date, it’s been rough sledding for the FinTech IPO Tracker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Today in Retail: Tempur Sealy Expects 15% YoY Growth; FTD Uses Data to Cultivate Customers
March 31, 2022

Today in retail, Tempur Sealy expects to report 15% year-over-year growth for fiscal 2022’s first quarter, while FTD uses data to grow lifelong customers of the ever-evolving brand. Plus, Faire serves as a cross-border, B2B marketplace across Europe and the increased demand for COVID-19 tests...

Europe
Study: 67% of US Websites Violate EU Data Protection Law
March 31, 2022

The European Union has passed several laws aimed at providing digital identity protection, among them the General Data Protection Regulation (GDPR), which went into effect in 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
FIs Say Invoice Reconciliation, Supplier Portals are Top Needs of Corporate Clients 
March 31, 2022

Financial institutions (FIs) and their corporate clients share an interest in improving business-to-business (B2B) transactions by removing friction from payments and cash management processes.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Faster Payments
TD Intros Real-Time Payments for Car Dealers as Contracts are Signed
March 31, 2022

Real-time payments for car dealers are being introduced by TD Bank’s auto finance division, which provides funds throughout the day as contracts are signed.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Businesses Lack Knowledge About Modernized Payments Choices and Developments
March 31, 2022

It’s what you don’t know that can hurt you. 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. By completing this form,...