News

Retail
Today in Retail: Klarna Teams with eBay to Offer BNPL Services; Howard Schultz Returning to...
March 16, 2022

Today in retail, Target partners with Stoney Clover Lane on a new spring collection, while February retail sales sputter as consumers spend more fueling their tanks. Plus, Inditex expects to reach 30% of revenue through eCommerce in 2024, Sokowatch rebrands as Wasoko and retailers are...

eCommerce
eCommerce Booms, Warehouses Transform New York Neighborhoods
March 16, 2022

New York represents not only the largest concentration of digital shoppers in the United States, but also the nation’s warehouse capital, The New York Times reported Wednesday (March 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Treezor Is First FinTech to Garner All Payment Licenses in France
March 16, 2022

Banking-as-a-service (BaaS) and embedded finance startup Treezor is the first FinTech in France to receive all eight payment licenses from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), according to a press release on Wednesday (March 16).  Get the Full Story Complete the form...

B2B Payments
48% of Firms Are Automating Their AP Operations 
March 16, 2022

Businesses’ cash-flow management practices have radically and in some ways permanently changed during the pandemic. Widespread cash flow shortages have made efficient cash flow management more critical than ever, and the shift to a reliance on a remote or hybrid workforce is looking permanent for...

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...