News

IPO
Blockchain.com Readies for IPO at $14B Valuation
April 19, 2022

Digital asset platform Blockchain.com is getting ready for an initial public offering (IPO) at a valuation of $14 billion that could happen before the end of this year, Bloomberg reported on Tuesday (April 19), citing unnamed sources with insider information. Get the Full Story Complete...

Social Commerce
The Next 3 Years: P2P Sites Bring Friendly Betting Into the Online Gaming Orbit
April 19, 2022

Gaming won big in 2021, with the American Gaming Association (AGA) declaring it “a new record as the highest-grossing year ever” for U.S. commercial gaming at $53 billion in revenue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Mobile Payments
Venmo Offers Prizes to College Students in ‘Finals Giveaway’
April 18, 2022

Venmo has debuted its #VenmoU “Finals Giveaway” of $500,000, letting students earn money as they keep up their schooling, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Delivery
US Postal Service to Slow Down Delivery of First-Class Packages
April 18, 2022

The U.S. Postal Service will be slowing delivery times for almost a third of first-class packages, as it attempts to lower costs and cut its reliance on air transportation, The Wall Street Journal reported Monday (April 18). Get the Full Story Complete the form to...

Fintech Investments
Today in FinTech: Rakuten Joins Uber Eats; Union54 Raises $12M; Ualá Founder Intros 17Sigma
April 18, 2022

In today’s FinTech news, Uber Eats customers in Japan will soon be able to tap Rakuten for payments, while Zambia card issuing startup Union54 added more growth to its seed funding round. Plus, the founder of FinTech Ualá notched $30 million for his new venture...

Investments
UrbanPiper Raises $24M From Investors Including Swiggy, Zomato
April 18, 2022

Restaurant management platform UrbanPiper has raised $24 million in a funding round led by Tiger Global and Sequoia Capital India, according to a Monday (April 18) report from The Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
Contact Centers Double Down on AI to Solve Vexing CX Challenges
April 18, 2022

Alternately mind-numbing and infuriating, call center experiences are getting a refresh, bringing a more human touch to bear even though more automation is involved than ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
EMEA Daily: Zambia-Based Union54 Raises $12M; Francois Pinault, I2PO Buy Deezer for Over $1B
April 18, 2022

In today’s top Europe, Middle East and Africa news, the Zambian card-issuing company Union54 raised $12 million in seed funding. Plus, music-streaming platform Deezer may be going public as part of a $1 billion acquisition by Francois Pinault and I2PO. Get the Full Story Complete...

B2B Payments
Today in B2B: o9 Solutions Launches AI-Powered Supply Chain Platform; Versapay Acquires AR Software Platform...
April 18, 2022

Today in B2B payments, o9 Solutions rolls out a supply chain planning services powered by artificial intelligence (AI), while Versapay acquires accounts receivable (AR) FinTech DadeSystems. Plus, Jarafa debuts an eCommerce marketplace for B2B and B2C customers across Bangladesh, and millennial buyers push B2B digitization....