News

Investments
Real Estate Rental FinTech Piñata Nets $13M
February 24, 2022

Piñata, which describes itself as a rental club whose incentive system makes the renting process easier for tenants and landlords alike, raised $13 million in a Series A funding round, the company stated in a news release. Get the Full Story Complete the form to...

International
EMEA Daily: Ukraine Conflict Leads to $242M Crypto Liquidation; Polish eCommerce Company Allegro Reports 34%...
February 24, 2022

In today’s top Europe, Middle East, and Africa news, the Russian invasion into Ukraine triggered more than $242 million in liquidations in the crypto market, while Allegro, one of the largest eCommerce websites in Europe, reported its revenue was up nearly 34% last year compared...

Banking
Santander Speeds up Digital Move, Shifts Corporate Structure
February 24, 2022

Santander Bank is streamlining its executive structure and boosting its efforts in the digital space, the Madrid, Spain, institution announced Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
ID.me Adds Humans to Its Automated Verification Services
February 24, 2022

Online verification service ID.me, which counts the IRS among its clients and recently endured criticism over certain practices, Thursday (Feb. 24) announced a decidedly low-tech way to blunt critics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Today in B2B: Pod Foods Launches Data-Centric Discovery Engine; Ryder Debuts Truck and Trailer Sharing...
February 24, 2022

Today in B2B payments, Chargebee acquires numberz and launches a receivables platform, while Nium and ECOMMPAY partner to expand international payments. Plus, Grata raises $25 million for improved middle-market information gathering. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Biden, European Leaders Double Down on Russia Sanctions
February 24, 2022

U.S. President Joe Biden and the leaders of the United Kingdom, dozens of European countries, Oceania and Japan announced sweeping sanctions on Thursday (Feb. 24) aimed at punishing Russia financially in response it its full-scale invasion of Ukraine. Get the Full Story Complete the form...

Investments
Construction Billing Platform Siteline Raises $15M
February 24, 2022

Construction billing platform Siteline has raised $15 million in Series A funding, the San Francisco company announced Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
UK PM Boris Johnson Wants Russia Booted From SWIFT
February 24, 2022

U.K. Prime Minister Boris Johnson on Thursday (Feb. 24) pushed “very hard” to remove Russia from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) international payments system, which would severely limit the ability of Russia to trade outside the nation, the Financial Times reported. Get...

Digital Banking
Today in FinTech: PiggyVest Earns Nigerians’ Trust With High Interest Rates
February 24, 2022

In today’s FinTech news, PiggyVest brings a new type of digital savings and investing to Nigerians, while the underbanked in Pakistan get a new option with NayaPay. France’s Finary is moving to build a private bank and HandCash app is making top-offs easier with two...