News

Investments
Spendesk Raises $113M, Reaches Unicorn Status
January 18, 2022

The Paris-based payments company Spendesk announced it has raised 100 million euros ($113 million), bringing it to unicorn status with a value of more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
64% of QSR Customers Earn Loyalty Rewards by Spending More
January 18, 2022

Sixty-eight percent of consumers place orders from a restaurant — not through an aggregator — at least once a month, according to Digital Divide: Minding The Loyalty Gap, a PYMNTS and Paytronix collaboration that surveyed 2,414 U.S. adults who regularly purchase food from restaurants. Get...

Investments
Cyber Insurance Firm Baobab Secures $4m in Pre-Seed Round
January 18, 2022

The timing couldn’t be better for Baobab, the Berlin-based cyber insurance company, to raise $3.5 million euros ($4 million) in pre-seed financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Poland’s Żabka Leads Europe’s Autonomous Store Race
January 18, 2022

Żabka, the largest convenience store chain in Poland, says it now has the largest chain of autonomous stores in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Ex-Google Head’s Neobank INDmoney Raises $75M Series D
January 18, 2022

Digital bank and wealth management platform INDmoney raised $75 million in a Series D funding round led by Steadview Capital, Tiger Global and Dragoneer, according to a Coverager report Monday (Jan. 17). Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Today in Retail: Brick-and-Mortar’s Ongoing Importance; Activist Investor Blasts Kohl’s
January 18, 2022

Today in retail, a startup is on a mission to ease delivery and thwart porch pirates, while Buyk launches private-label coffees, pastries, breads, candies and ice cream. Plus, new National Retail Federation Chair John Furner discusses the importance of creating customer loyalty. Get the Full...

Delivery
Delivery Platform Gopuff Launches Private Label
January 18, 2022

Grocery delivery platform Gopuff has unveiled “Basically,” its first private label, according to a Tuesday (Jan. 18) press release. 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...

Investments
UK’s Wayve Accelerates Development of Autonomous Vehicles With $200M Raise
January 18, 2022

London-based autonomous vehicle startup Wayve on Tuesday (Jan. 18) announced that it has raised $200 million in a Series B funding round backed by a group of global financial and strategic investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Syracuse, NY Teams With InvoiceCloud for Digital Tax Payments
January 18, 2022

The City of Syracuse in New York partnered with EngageSmart’s InvoiceCloud to launch an online billing and payment system for Syracuse residents to make tax payments, according to a press release on Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this...