News

International
ElasticRun Set to Raise $300M in SoftBank-Led Round
January 19, 2022

ElasticRun, a kirana commerce platform helping businesses connect with rural India, is expecting to raise $300 million in a funding round led by SoftBank, according to a report Wednesday (Jan. 19) from The Times of India. Get the Full Story Complete the form to unlock...

B2B Payments
India Businesses Look to Flat-Fee Pricing to Save on Transaction Charges
January 19, 2022

In India, direct bank transfer, checks and cash remain popular B2B payment methods, despite their drawbacks — mostly because businesses haven’t had any good alternatives. Because B2B ticket size is high and margins are low, payment gateways are not an option due to the high...

Investments
People Management Network Lattice Raises $175M, Triples Valuation to $3B
January 19, 2022

People management platform Lattice has reached a valuation of $3 billion after closing a $175 million funding round, the San Francisco-based company announced on Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Biometrics
Pandemic Has Made Air Travelers OK With Biometrics
January 19, 2022

Three years ago, if you’d asked air travelers if they’d be willing to offer up their biometric data in exchange for a more streamlined experience, less than half of them would have said yes — then, COVID happened. Get the Full Story Complete the form...

Payment Methods
Mint Debuts Bill Negotiation Tool
January 19, 2022

Global technology platform Intuit — which makes TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp — announced Wednesday (Jan. 19) that it has created a new Bill Negotiation tool in Mint, helping to cut users’ monthly bill and subscription payments. Get the Full Story Complete the...

Investments
Berlin FinTech Moss Gets Closer to Unicorn Status With $573M Valuation After Series B Funding...
January 19, 2022

Moss, the tech platform for managing spending, is on track to reach unicorn status with a round of funding that increased its valuation to more than 500 million euros ($573 million), the Berlin-based company announced on Wednesday (Jan. 19). Get the Full Story Complete the...

Investments
Fresh Produce Seller Pluckk Raises $5M in Seed Funding
January 19, 2022

Pluckk, an Indian fresh produce food-tech startup, has raised $5 million in seed funding from Exponentia Ventures to build its team and technology, adding to its customer base and expanding into key metro areas, The Economic Times reported Wednesday (Jan. 19). Get the Full Story...

Artificial Intelligence
Personetics Snags $85M From Thoma Bravo for AI Personalization and Engagement for FIs
January 19, 2022

Artificial intelligence (AI)-based financial platform Personetics on Wednesday (Jan. 19) announced that it has raised $85 million in growth funding from software investment firm Thoma Bravo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Zopa Deposits Hit 1B Pounds After 18 Months
January 19, 2022

United Kingdom-based peer-to-peer (P2P) lender Zopa has hit 1 billion pounds ($1.36 billion) in customer deposits 18 months after becoming a bank, according to a company announcement emailed to PYMNTS on Wednesday (Jan. 19), noting it’s aiming to reach 2 billion pounds ($2.73 billion) in...