Businesses are looking to boost performance by adopting technologies that can quickly extract pertinent details from invoices and feed them into accounts payable (AP) systems. Automation could not just save time by extracting details faster, but also help firms avoid human errors that can lead...
Female-founded Finnish payment services provider Enfuce raised €45 million ($51 million) in a Series C investment round led by Vitruvian Partners, with participation by Tencent, Maki.vc and other early-stage investors, according to a press release on Monday (Dec. 6). Get the Full Story Complete the...
With the second-largest U.S. department store chain now officially in play thanks to the familiar-sounding demands of activist investor Engine Capital to spin off Kohl’s digital assets from its core physical stores — or sell the company outright — the ongoing shift to omnichannel retailing...
The Mexico City-based spend management platform Clara announced its launch in Brazil Monday (Dec. 6), an occasion marked by $70 million in new funding and a $1 billion valuation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Fueled by the pandemic, digital car sales are still going strong. On Monday (Dec 6.), London-based online car marketplace Carwow announced that it has secured $55 million in new funding, as it looks to take on rivals in the new and used vehicle market. Get...
A pair of issuer-processors — Tutuka and Paymentology — announced Monday (Dec. 6) they would merge into a single entity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Australian global payments platform EML Payments and its North American malls partner, Cadillac Fairview, which operates 35 million square feet of retail and office space, credit digital innovations for powering the surge in retail spend, according to a Monday (Dec. 6) press release. Get the Full...
The German phone-as-a-service provider everphone has raised $200 million in new funding, money the company says it will use to expand its efforts in Europe, with an eye towards a launch in the U.S., according to a Monday (Dec. 6) press release. Get the Full...
In early December 2019, few had yet heard of COVID-19. News reports were only just trickling in. It didn’t seem like the entire world was teetering on the brink of colossal change, but it was. Get the Full Story Complete the form to unlock this...
