News

Investments
Boopos Raises $30M for Online Acquisition Financing
February 02, 2022

Mergers and acquisitions (M&A) financing platform Boopos announced on Wednesday (Feb. 2) that it’s raised $30 million in a combined debt and equity Series Seed financing round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
FinTech Nubank Expects Growth Amid Brazil’s Economic Struggles
February 02, 2022

Nubank founder and CEO David Vélez sees the economic struggles of Brazil as a potential opportunity for even faster growth for his digital banking platform across Latin America and around the world, he said in a Reuters report Wednesday (Feb. 2). Get the Full Story...

Delivery
Today in Food Commerce: Brinker Invests in Digital Ordering; Uber Eats Partners With Ultrafast Retailer
February 02, 2022

Today in food commerce, Chili’s parent company Brinker International invests in off-premise-centric store formats, and Uber Eats promises 25-minute deliveries. Plus, funds pour in by the millions for QR code restaurant payments. Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
FTC Warns Social Media Users About Advertising Scams
February 02, 2022

Americans reported losing about $770 million to fraud on social media last year, an 18-fold increase from 2017, the Federal Trade Commission (FTC) recently reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Uber Eats Partners With FastAF on Ultrafast Delivery Despite Warning Signs
February 02, 2022

Apparently ignoring the writing on the wall, Uber is entering into ultrafast delivery. 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....

B2B Payments
Marathon Ventures Debuts $26M Emerging Markets Startup Growth Fund
February 02, 2022

Colombia-based venture capital firm Marathon Ventures has closed its first fund of $26 million, according to a Wednesday (Feb. 2) announcement that says the money will be used to invest in close to 20 business-to-business (B2B) platforms in FinTech, Software-as-a-Service (SaaS) and marketplaces. Get the...

IPO
London FinTech Startup Zepz Mulls $6B NY Listing, Bypassing UK
February 02, 2022

London cross-border transfer startup Zepz is weighing an initial public offering (IPO) on Wall Street at an estimated $6 billion valuation, bypassing the U.K.’s push to drive more tech companies to list there, Bloomberg reported on Wednesday (Feb. 2) citing sources with insider information. Get...

Security & Fraud
Criminals See NFTs as a Lucrative Target — They May Be Wrong
February 02, 2022

Nonfungible token (NFT) collector Larry Lawliet announced Monday (Jan. 31) on Twitter that he had lost $2.7 million worth of super-hot Bored Ape and Mutant Ape tokens to a hacker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Vendor Procurement Platform VendorPM Raises $6M
February 02, 2022

VendorPM, a Canadian marketplace that lets property managers source, procure and manage service vendors, has raised $6 million in seed funding, according to a press release on Tuesday (Feb. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...