News

B2B Payments
Bosch Buys 26% Stake in India’s Autozilla
February 23, 2022

Electronics company Bosch has acquired a 26% stake in India’s Autozilla to expand into the country’s digital B2B auto parts aftermarket. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
February 23, 2022

In today’s FinTech news, credit unions are finding that to compete like a FinTech, they need to grab a partner, while South African FinTech startup Stitch is striving to make it easier for businesses on the continent to build and scale innovative products. Get the...

B2B Payments
31% of Finance Pros Say Employees Are Submitting More Expenses Now Than Before the Pandemic
February 23, 2022

As companies adopt and retain flexible workplace models, employees who once obtained desks, computers and all the supplies needed to do their jobs at the office are now furnishing and supplying their own workspaces at home. Get the Full Story Complete the form to unlock...

Retail
Today in Retail: Home Improvement Remains Strong; TJX Overcomes Pandemic-Related Obstacles in Q4
February 23, 2022

Today in retail, Target is testing curbside returns and Starbucks order delivery, while Overstock’s stock price surges after the company’s blockchain-based trading platform gets an investment from Intercontinental Exchange. Plus, one man’s furniture trash is another person’s furniture treasure, and big retailers believe an omnichannel...

Investments
Indian BNPL Startup Actyv.ai Raises $5M
February 23, 2022

B2B buy now pay later (BNPL) startup Actyv.ai has raised $5 million in a Pre-Series A funding round led by Dubai’s 1Digi Investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Overstock Soars After Embattled eTailer Reports Market Share and Profit Gains
February 23, 2022

eCommerce retailer and technology company Overstock.com Inc.’s stock price surged almost 25% in early trading Wednesday (Feb. 23) after the company reported the results of its fiscal 2021 fourth quarter and full year. Get the Full Story Complete the form to unlock this article and...

Investments
Berlin FinTech Forget Finance Raises 3.5M Euros
February 23, 2022

Berlin personal finance FinTech Forget Finance raised 3.5 million euros ($3.96 million) in seed funding led by venture capital firms btov Partners and UVC Partners, the startup announced in a press release emailed to PYMNTS on Wednesday (Feb. 23). Get the Full Story Complete the...

B2B Payments
Tabit Launches Canada’s First B2B BNPL POS Service
February 23, 2022

Tabit, a Canadian company billing itself as the country’s first point-of-sale buy now, pay later (BNPL) offering for the B2B space, began operations Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Lowe’s Rolls Out Solid Home Improvement Forecast
February 23, 2022

Lowe’s fiscal 2021 fourth-quarter earnings reflect optimism about the home improvement sector and consumers’ willingness to continue doing it themselves, even as the restrictions related to the COVID-19 pandemic continue to ease, according to the company’s announcement Wednesday (Feb. 23). Get the Full Story Complete...