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...
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...
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...
Digital publisher Forbes is inching closer to a New York Stock Exchange listing through a merger with special purpose acquisition company (SPAC) Magnum Opus Acquisition Limited after a $200 million investment by cryptocurrency exchange Binance, according to a CoinBase report Thursday (Feb. 10). Get the...
AT&T’s plan to spin off WarnerMedia in a $43 billion merger deal with competitor Discovery to create a TV, film and streaming dynamo, will proceed, according to Discovery’s filing with the Securities and Exchange Commission (SEC) Wednesday (Feb. 8). Get the Full Story Complete the...
The eCommerce train is showing now signs of slowing down, the latest Mastercard SpendingPulse data released Thursday (Feb. 10) showed. 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...
L’Oréal singled out its eCommerce growth of 25.7% as one of the driving forces behind its successful 2021, which was marked by an overall 16.1% increase in sales, twice the industry standard, according to the company, to 32.28 billion euros ($36.82 billion). Get the Full...
Earnings season is prime time to take stock — literally, because stocks react quickly to earnings — of corporate strategies, of the varying approaches companies take as they seek to grow their customer bases and, of course, their top lines. Get the Full Story Complete...
It might all be fun and games for the kids, but the modern toy industry is no joke. 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...
