News

Retail
Target, Stoney Clover Lane Team Up on Spring Collection
March 16, 2022

Target Corporation on Wednesday (March 16) announced a partnership with customizable accessories brand Stoney Clover Lane on a limited-time spring collection of more than 300 items, including apparel and swimwear, travel accessories, beauty essentials, outdoor items and more. Get the Full Story Complete the form...

Investments
B2B eCommerce Startup Sokowatch Announces Rebrand to Wasoko After $125M Funding Round
March 16, 2022

B2B eCommerce startup Sokowatch on Wednesday (March 16) announced that the company is rebranding to Wasoko after a $125 million Series B fundraising round, according to a LinkedIn post from the company. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
HealthTech Specialist Doctolib Raises $550M, Value Rises to $6.4B
March 16, 2022

Paris-based Doctolib, an online booking management software provider for European physicians, has secured 500 million euros ($550 million) in funding which brings the value of the company to 5.8 billion euros ($6.4 billion), PitchBook.com reported Tuesday (March 15). Get the Full Story Complete the form...

Investments
As Traditional Funding Sees Headwinds, Venture Debt Investments Set to Rise 
March 16, 2022

In the age of tightening purse strings, as interest rates soar and investors demand ever-higher returns on capital to compensate for risk, in the months and years ahead we may see a rising tide of venture debt. Get the Full Story Complete the form to...

B2B Payments
B2B Payments Platform Verto Adds 12 New Currencies
March 16, 2022

Cross-border B2B payments and foreign exchange platform Verto has upped the number of currencies in which its customers can convert and make payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Feb Retail Sales Stall as Consumers Pour Money Into Gas Tanks
March 16, 2022

Even though the most recent spike in gasoline prices didn’t fully kick in until the last few days of February following Russia’s attack on Ukraine, the latest retail sales statistics show that consumers put the handbrake on spending last month in the face of an...

Retail
Zara Parent Inditex Continues Digital Transition, Expects 30% eCommerce in 2024
March 16, 2022

Global clothing retailer Inditex, parent company of Zara, on Wednesday (March 16) in its 2021 full-year and fourth-quarter earnings presentation said it expects 30% of its revenue to come from online sales in 2024, continuing a transition to a more eCommerce-heavy business that started during...

Investments
Neobank 4G Capital Closes $18.5M in Series C Funding
March 16, 2022

African neobank 4G Capital has raised $18.5 million in a Series C funding round, The Kenyan Wall Street reported Wednesday (March 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Retail Returns Pivot From Costly Problem to Customer Loyalty Play
March 16, 2022

It’s been said that the first step toward solving a problem is acknowledging you have one.  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...