News

International
Logistics Platform Shiprocket Snaps up Supply Chain Startup Glaucus
February 15, 2022

Logistics and fulfillment platform Shiprocket is acquiring a majority stake in supply chain solutions startup Glaucus with a merger agreement on the table for undisclosed terms, according to a Monday (Feb. 14) report from The Economic Times. Get the Full Story Complete the form to...

B2B Payments
Today in B2B: Swappie Raises $124M in Series C Funding; Businesses Shift to Automated Payments
February 15, 2022

Today in B2B payments, Swappie raises $124 million to bring more people into the “circular smartphone economy,” and businesses move increasingly away from spreadsheets and emails to automated payments. Plus, Billtrust acquires B2B financial software platform Order2Cash, and Duplo raises $1.3 million for product improvement,...

Investments
SaaS Procurement Platform Tropic Raises $40M to Expand its Products
February 15, 2022

Software-as-a-service (SaaS) software procurement platform Tropic has raised $40 million in a Series B funding round, the company announced in a news release Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Sberbank Launching eCommerce Platform Amidst Management Shakeup
February 15, 2022

Russian lender Sberbank on Tuesday (Feb. 15) announced plans to shake up its management team, as well as its intention to launch an eCommerce holding company as part of its plan to diversify its offerings beyond financial services. Get the Full Story Complete the form...

CFPB
CFPB Acts to Guard Gov’t Benefits from Card Companies
February 15, 2022

The Consumer Financial Protection Bureau (CFPB) says it is taking action to keep prepaid card providers from illegally taking money from people receiving benefits from the government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
Grubhub Launches Grubhub Goods to Challenge DashMart, Gopuff
February 15, 2022

As Uber Eats taps a range of celebrities to bring its non-food offerings into the mainstream, and as DoorDash leverages holiday anticipation to drive adoption of its retail options, Grubhub is joining the push to guide consumers toward non-restaurant categories with the expansion of its...

Investments
Direct-to-Patient Healthcare Firm Ro Nets $150M to Expand B2B Solutions, Patient Experience
February 15, 2022

Direct-to-patient healthcare company Ro announced in a press release it has raised $150 million from existing investors Tuesday (Feb. 15), along with the launch of Ro Derm, a digital skincare clinic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
56% of Businesses Are Concerned About Cross-Border Payments Fraud
February 15, 2022

In the global marketplace, successful payments decision makers have learned to connect the dots between optimizing their enterprise’s resources and ensuring that consumer and B2B transactions flow unfettered by ill-suited technologies or poor user experience. Get the Full Story Complete the form to unlock this...

Investments
Citi Becomes Strategic Investor in SIMON Markets
February 15, 2022

Global investment bank and financial institution Citi became the latest strategic investor in FinTech SIMON Markets LLC on Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...