News

IPO
IPO Deal Volume Down 60% Compared to ’21
January 30, 2022

IPOs haven’t been doing so well – deal volume is down 60% compared to the same time last year, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
US Chamber of Commerce Questions Past Statements of Fed Nominee Raskin
January 30, 2022

The U.S. Chamber of Commerce has concerns about a Biden nominee for the top banking supervisor at the Federal Reserve, Sarah Bloom Raskin, because she’s called for regulators to speed the transition away from fossil fuels, The Wall Street Journal reports. Get the Full Story...

Investments
Israeli FinTech Bizi Nets $7.5M for SMB Credit Lines
January 30, 2022

Bizi, a FinTech company working to get credit lines to small and mid-sized businesses in Israel, has raised seed funding of $7.5 million, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
‘Panic Buying’ Rebrands as ‘Blizzard Commerce’ for the Big, Bad Bombogenesis
January 29, 2022

Back in the late-Neolithic period — say, around 1995 — as ascending 24-hour cable news stations challenged the status quo of local network TV affiliates and newspapers, they all seized upon a money-making opportunity that had been literally raining down for eons: storm panic buying....

Digital Banking
Today in FinTech: PayPal Expands Payment Options in Germany; New Digital Bank Coming to Brazil
January 28, 2022

In today’s FinTech news, PayPal is adding new payment options in Germany that give eligible shoppers 30 days to pay, while Brazil could be gaining another digital bank due to interest from Dubai’s ICICB Group. Meanwhile, E2open and PayCargo are collaborating to digitize freight payments...

Payments Innovation
Weave Surpasses $1B in Processed Payments
January 28, 2022

Small-business customer communications platform Weave has surpassed the $1 billion mark in payments processed through its Weaves Payments tool, the company announced in a news release Friday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Zomato Adds Minority Stakes in UrbanPiper, Adonmo Through NBFC
January 28, 2022

India-based food delivery app Zomato has unveiled an unnamed, non-banking financial company (NBFC) and invested in ad technology firm Adonmo and B2B software platform UrbanPiper Technology, part of its quest to dole out $1 billion to startups, moneycontrol.com reported Friday (Jan. 28). Get the Full...

Digital Banking
UK Neobanks Expand Offerings as New Player Enters Space, UAE Digital Bank Targets Gen Z
January 28, 2022

In this week’s top neobank news for Europe, the Middle East and Africa (EMEA), United Kingdom digital bank Monese launched a feature to help improve the creditworthiness of credit-poor individuals, estimated at 5.2 million in the country, ultimately facilitating their access to loans at affordable...

Investments
Swiss InsurTech Firm Helvengo Raises $4.4M
January 28, 2022

Swiss InsurTech startup Helvengo has raised more than 4 million euros ($4.4 million) in seed funding, according to reports Friday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...