South American eCommerce firm Mercado Libre is boosting its investment in Brazil by 70% this year, planning to spend 17 billion reais ($3.44 billion), as part of a move to expand and consolidate business in Latin America’s largest country. Get the Full Story Complete the...
Today in B2B payments, FinTechs are bringing freight brokerages into the digital age, while Jeeves’ valuation is up to $2.1 billion after a $180 million Series C funding round. Plus, Rupifi snags $8 million in its latest fundraising round, and Xometry reports 54% growth of...
The Consumer Financial Protection Bureau (CFPB) on Tuesday (March 22) unveiled policy guidance on “potentially illegal practices related to consumer reviews,” saying it “seeks to ensure that customers can write reviews, particularly ones posted online, about financial products and services that accurately reflect their opinions...
Remote work hiring platform Omnipresent has raised $120 million in a Series B funding round, the London company announced on its website Tuesday (March 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Today in retail, Better & Better rakes in $4 million for product line expansion and retail growth, while Nike is expanding its D2C operations and offering fewer markdowns. Plus, Amazon says Echo and Alexa can do a lot more than most people realize, and Alibaba...
One of the most effective investments firms can make to improve their days sales outstanding (DSO) is implementing technologies that automate invoicing. New tools can help firms better manage the inefficiencies associated with heavy invoicing workloads. Get the Full Story Complete the form to unlock...
In today’s top Europe, Middle East and Africa news, the Swiss-based Bank for International Settlements has completed trials of blockchain-based platforms, while Dutch startup ParkBee has closed a $33 million funding round. Get the Full Story Complete the form to unlock this article and enjoy...
The old saying goes: It takes decades to build a company’s reputation. 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...
Aavenir, an artificial intelligence (AI)-enabled source-to-pay (S2P) solution provider, raised $6 million in Series A funding, the company announced Tuesday (March 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
