Financial services startup Ualá in Buenos Aires, Argentina, recently launched Ualintec Capital, its own broker-dealer operations, to expand the number of investment alternatives it can offer customers through its digital wallet app, Bloomberg reported. Get the Full Story Complete the form to unlock this article...
iPhone and iPad assembly stopped for several days in October — usually one of the busiest times of the year ahead of the holiday rush — because of global supply chain bottlenecks and power use restrictions in China, sources with knowledge of the predicament told...
With the automotive microchip shortage expected to last well into 2022, prices for new and used cars remain elevated, leading many consumers to consider repairs and better upkeep of their vehicles over outright replacement. Get the Full Story Complete the form to unlock this article...
Traffic at physical stores remains on a long-term downward trajectory despite a recent rebound compared to last year’s pandemic lows, but that isn’t stopping retailers from leaning into store openings, with Wayfair as the latest digital brand to announce new brick-and-mortar efforts. Get the Full...
FinTech payments startup Flip raised $48 million in a Series B funding round co-led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners, according to a press release on Wednesday (Dec. 8). Get the Full Story Complete the form to unlock this article and...
As part of China’s continuing big tech crackdown, regulators are devising a blacklist targeting new companies that use variable interest entities (VIEs) to run their businesses, Financial Times (FT) reported on Wednesday (Dec. 8), citing unnamed sources. Get the Full Story Complete the form to...
Stitch Fix executives assured investors and analysts Tuesday (Dec. 7) that recent investments in the business that have led to losses on the balance sheet will pay off in the long term as the company transitions to providing a wider set of features and purchase...
While it’s certainly necessary, chasing down payments and corralling them has never been a glamourous job. But lately, a variety of factors has made the process less pleasant than ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In most industries, it’s been a long time since inspectors could just come into a plant with a clipboard and checklist and effectively regulate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
