News

IPO
PYMNTS’ FinTechIPO™ Index Plummets on Disappointing Earnings News
March 10, 2022

Thus far, nearly toward the end of the first quarter of 2022, we see a trend emerging 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...

B2B Payments
Today in B2B: Stilt and notch Debut New Products; Big Companies Are Best at Digitizing...
March 10, 2022

Today in B2B payments, restaurant supply chain marketplace notch introduces a B2B payment platform, and Stilt launches a credit platform after a $14 million fundraising round. Plus, almost three-fourths of chief financial officers (CFOs) at large corporations say digitizing their business payments is a priority....

International
Today in FinTech Ukraine: Ukraine Receives Almost $100M in Crypto Donations; Payment Platform Hedgewiz to...
March 10, 2022

As Ukrainians flee heavy fighting from Russian forces, the Eastern European nation has received nearly $100 million in cryptocurrency donations, according to Alex Bornyakov, Ukraine’s spokesperson, CoinDesk.com reported Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
EMEA Daily: McDonald’s Estimates Russian Eatery Shutdown Will Cost $50B Monthly; Visa, MLG Collaborate on...
March 10, 2022

In today’s top Europe, Middle East and Africa news, McDonald’s chief financial officer has predicted the fast-food chain will lose $50 million per month, or 5 cents to 6 cents per share for shutting its Russian eateries, and Visa is collaborating with Abu Dhabi-based FinTech...

Retail
Grocery Roundup: Ultrafast Grocers Hit Hard by Russia Sanctions
March 10, 2022

With Russia’s heavy involvement in the ultrafast grocery space around the world, United States 15-minute eGrocers are being heavily impacted by the sanctions placed on Russia in response to the invasion of Ukraine. Get the Full Story Complete the form to unlock this article and...

Retail
34% of Consumers Use Their Smartphones to Help Them Shop in Physical Stores
March 10, 2022

A growing percentage of consumers are using their smartphones while shopping in physical stores, and PYMNTS research has found that this is just one example of the ways in which consumers are making brick-and-mortar stores part of the digital shopping experience — and vice versa....

Investments
Zeta Surgical Nets $5.2M for Enhanced Surgical Navigation
March 10, 2022

Surgical robotics and mixed reality company Zeta Surgical on Thursday (March 10) closed a $5.2 million fundraising round that it will use to finalize the development of its neurosurgical navigation platform, Zeta, and its noninvasive focused-ultrasound system, ZetaFUS. Get the Full Story Complete the form...

Investments
Lendable Valued at $4.5B Following $275M Fundraise
March 10, 2022

Consumer finance platform Lendable has raised $275 million in a funding round that valued the U.K. firm at $4.5 billion, the company said in a new release Thursday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Bank of Russia Puts Limits on Foreign Cash
March 10, 2022

The Bank of Russia has imposed a six-month restriction on local companies’ access to foreign currency cash in an effort to preserve hard currency amid sanctions against the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...