News

Investments
Egypt FinTech Rewards App Lucky Grabs $25M in Series A Funding Round
March 21, 2022

Egyptian cash back rewards app Lucky on Monday (March 21) wrapped up a $25 million fundraising round that is the largest Series A funding effort for a FinTech in that country, according to a Tech Funding News report. Get the Full Story Complete the form...

eCommerce
Trust Payments Intros Stor eCommerce Platform for SMBs
March 21, 2022

Georgia-based frictionless payments FinTech Trust Payments has introduced Stor, an eCommerce platform for small and medium-sized businesses (SMBs), the company announced Monday (March 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
B2B eCommerce Platform Powered by People Raises $5M
March 21, 2022

Kenya-based B2B eCommerce platform Powered by People is a bit more powerful these days. 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...

B2B Payments
82% of CFOs Measure AR Turnover to Gauge Success
March 21, 2022

Payments delays are a perpetual nuisance in many industries, as they can result in downstream cash flow issues that harm accounts payable (AP), payroll and other departments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
London Livestock Data Management Platform Breedr Raises $15.8M
March 21, 2022

Breedr, the livestock trading and analytics platform, has raised 12 million pounds ($15.8 million) in a mix of equity and debt, the London-based company announced Monday (March 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Incumbent Banks May See Competitive Advantage vs FinTechs Amid Rising Rates
March 21, 2022

As interest rates rise, and financial services firms must pivot toward new ways of engaging with customers and keeping them in place — and attracting new customers, too — traditional, incumbent financial institutions may have a leg up over their digital upstart competitors. Get the...

Investments
GRO Capital Closes $662.25M GRO Fund III
March 21, 2022

GRO Capital has closed its northern European B2B software-focused fund GRO Fund III K/S, continuing the investment strategy pursued in prior funds, with a focus on accelerating the growth of mature software companies within the Nordic region, DACH and Benelux, according to a Wednesday (March...

International
China Blocks Bing’s Auto-Suggest Function
March 21, 2022

For one week, China users of Bing can’t use the Microsoft Corp.’s search engine auto-suggest function, Reuters reported Monday (March 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Australia Follows EU, UK Steps With Misinformation Bill
March 21, 2022

The Australian government announced on Monday (March 21) that it will introduce new legislation this year to combat harmful disinformation and misinformation online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...