News

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...

IPO
Indian Startup Boat Sets Sail for $266M IPO
January 28, 2022

Indian electronics and lifestyle startup Boat has filed for an initial public offering (IPO) in that country worth up to $266 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
This Week in Payments: Super Apps Proliferate, BNPL Sees More Competition and Grocers Boost Online...
January 28, 2022

Super apps, buy now, pay later (BNPL), and the grocery category were in the news in recent days. Matt Naish, head of product strategy at FISPAN, joined PYMNTS to discuss the hot topics in This Week in Payments. Get the Full Story Complete the form...

B2B Payments
B2Brazil Debuts Marketplaces in Mexico, Chile and Colombia
January 28, 2022

B2Brazil Serviços Interativos Ltda., on Friday (Jan. 28) unveiled online marketplaces in Chile (B2Chile), Colombia (B2Colombia) and Mexico (B2Mexico), noting the new trio relies on B2Brazil’s technology and database and the company has more than 20,000 users in the three countries where it debuted. Get...

Regulation
Intense Regulatory Pressure on Big Tech Firms in Europe Continues But Meta Granted Conditional Reprieve
January 28, 2022

The intense regulatory focus on Big Tech giants in Europe has not eased. 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, PYMNTS Today....

Digital Banking
ICICB Group Plans Digital Bank for Brazil
January 28, 2022

Dubai’s ICICB Group wants to become a player in Brazil’s burgeoning digital banking space, the financial services 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 to all PYMNTS...