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International
Nexi Payments Could Unload BNPL Unit Ratepay
February 10, 2022

Italian payments group Nexi is reportedly mulling the sale of the German buy now, pay later (BNPL) firm Ratepay, which it picked up two years ago when it bought Nordic payments firm Nets. Get the Full Story Complete the form to unlock this article and...

eCommerce
Oro Launches OroCommerce 5.0 for B2B eCommerce
February 10, 2022

Oro Inc. on Thursday (Feb. 10) launched OroCommerce 5.0, the newest version of its flagship eCommerce platform, which features new productivity, site performance and customer experience optimization tools, according to a company press release. Get the Full Story Complete the form to unlock this article...

B2B Payments
When Banks Say ‘No,’ Cash-Strapped Businesses Turn to Lending Marketplaces
February 10, 2022

As companies continue the never-ending work of making processes more efficient, today’s chief financial officers (CFOs) play a critical role in helping to determine where they should put their resources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Today in Retail: L’Oréal Rides eCommerce Growth to Successful Year; Kohl’s Board Nearing Overhaul
February 10, 2022

Today in retail, eCommerce sales remain strong in the latest Mastercard SpendingPulse data, while O’Reilly Automotive sets another record for annual revenue. Plus, Mattel rebrands itself as an IP-driven toy company. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Grocery Roundup: Grocers Use Direct Catering Ordering to Compete With Instacart; eGrocery Delivery May Come...
February 10, 2022

With online grocery channels proving to be sticky even in periods of lower contagion concerns, many grocers are now finding ways to bring more of their business into the digital sphere. One of the key areas of innovation here in the past several months has...

Investments
Report: VC Funding to U.S. FinTechs Doubled in 2021
February 10, 2022

Venture capital funding of U.S. FinTechs almost doubled in both transaction value and volume, according to an analysis released Thursday (Feb. 10) by S&P Global Market Intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Average SMB Offers 4.1% Discount for Early Payments 
February 10, 2022

Small and medium-sized businesses (SMBs) face an uphill battle in persuading their business-to-business (B2B) customers to pay irregular, ad hoc payments — those that are made once, twice or a few times a year — on time. With limited leverage, they often have little recourse...

Investments
InsurTech Firm Vitesse Closes on $26M in Series B Funding
February 10, 2022

Vitesse, the United Kingdom-based FinTech, secured $26 million in Series B funding, the company announced Thursday (Feb. 10). 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...

Investments
New Funding Could Value Klarna at $60B
February 10, 2022

Swedish buy now, pay later (BNPL) firm Klarna is considering a new funding round that would make it the most valuable startup in Europe, with a valuation of $50 billion to $60 billion. Get the Full Story Complete the form to unlock this article and...