Indian food delivery giant Swiggy raised $700 million and doubled its valuation to $10.7 billion, Reuters reported on Monday (Jan. 24), citing unnamed sources with insider information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With as many as two additional activist bids coming in for Kohl’s over the weekend, in the wake of last week’s scathing critique from Macellum and an earlier broadside from Engine Capital in December, it is hard not to conjure up the familiar closing cant of auction houses...
More than 60% of finance professionals say their businesses have suffered vendor payment and invoice processing delays after going remote. In the B2B Digital Payments Tracker, Matthew Shanahan of automated collections software provider Lockstep, explains how virtual cards help remote AP departments gain efficiencies.
Companies want many of the embedded finance options that FinTechs offer, and APIs and open banking help banks give their corporate clients the best of both worlds. In the Next-Gen Commercial Banking Tracker, Bank of Montreal’s Sean Ellery explains how they’re using open banking APIs...
Latin America (LatAm) saw record funding of $15.3 billion from venture capitalists (VCs) in 2021, triple what it was in 2020, with FinTech, eCommerce and PropTech capturing nearly 75% of investments, Financial Times reported on Monday (Jan. 24). The previous record of VC funding was...
German rapid grocery startup Gorillas is working on a deal to acquire the French delivery firm Frichti for undisclosed terms, Bloomberg reported on Monday (Jan. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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A report from anti-graft charity Spotlight on Corruption says economic crime in the U.K. ends up costing the government “hundreds of times more” than the government spends fighting it, according to a Financial Times report Sunday (Jan. 23). Get the Full Story Complete the form...
Morocco-based B2B eCommerce and FinTech startup Chari could see a valuation of $100 million after a new bridge round of funding, TechCrunch reported Thursday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
