News

IPO
Pending Mobileye IPO Might See Bumpy Road Ahead
March 07, 2022

For Intel’s Mobileye unit, we’ll have to wait a bit to get a peek at company-specific financials. 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...

Payment Methods
ACH Volume on The Clearing House’s EPN Outpaced Industry in 2021
March 07, 2022

The number of transactions on the electronic payments network (EPN), the automated clearing house (ACH) for electronic funds transfers (EFT), increased by 9.6% last year, The Clearing House (TCH) announced Monday (March 7). Get the Full Story Complete the form to unlock this article and...

Security & Fraud
P2P Fraud Battle Demands High-Tech Collaboration Between Banks and Customers
March 07, 2022

That old Watergate adage to follow the money becomes well-nigh impossible in the digital age. 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,...

Investments
B2B Seafood Seller Captain Fresh Valued at $500M After Series C
March 07, 2022

Indian B2B seafood and meat marketplace startup Captain Fresh has more than doubled its valuation to $500 million since the beginning of the year following a $50 million Series C round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million, according to a Monday (March 7) press release. Get the Full Story Complete the form to unlock this article and...

IPO
South Korean IPO Pipeline Disappears as Market Conditions Slip
March 07, 2022

Poor market conditions in South Korea have led companies to suspend initial public offerings (IPOs), according to Pulse, a Korean news service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart to Import British Cosmetic Kiosk Concept ‘Beauty Space’ to US Stores
March 07, 2022

Walmart has joined forces with British retailer Space NK to bring “prestige beauty products” to its website and nearly 250 of its stores this summer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
UAE BNPL Tabby Raises $54M in Series B Funding Round
March 07, 2022

Buy now, pay later (BNPL) startup for Saudi Arabia and the UAE Tabby raised $54 million in a Series B funding round led by Sequoia Capital India and Saudi venture capital firm STV, according to multiple media reports.  Get the Full Story Complete the form...

Retail
Bed Bath & Beyond Soars as Activist Investor Ryan Cohen Pivots From GameStop to Housewares
March 07, 2022

Bed Bath & Beyond saw it stock rally in pre-market trading early Monday (March 7), jumping 75% following the news that activist investor Ryan Cohen was pushing the company to consider a sale. Get the Full Story Complete the form to unlock this article and enjoy...