News

Retail
Gap Recruits Frank Ape Creator for NFTs
January 12, 2022

Gap has recruited the artist behind Frank Ape to launch its first collection of nonfungible tokens (NFTs), the fashion retailer announced Wednesday (Jan. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Delivery
Square Adds On-Demand Delivery in Canada
January 12, 2022

Square has launched delivery for Square Online orders in Canada through DoorDash Drive, DoorDash’s white-label fulfillment platform, making Canada the first international market to offer on-demand delivery after the service launched in the U.S. in 2020, according to a Wednesday (Jan. 12) press release. Get...

Investments
Refyne Secures $82M for Its Earned Wage Access Platform
January 12, 2022

Earned wage access platform Refyne has raised $82 million in a Series B funding round, which it will use to develop products, hire additional staff and boost business functions, Deal Street Asia reported. Get the Full Story Complete the form to unlock this article and...

Investments
Digital Assets Startup SEBA Bank Notches $120M in Series C Funding
January 12, 2022

Digital assets startup SEBA Bank raised $120 million in a Series C funding round led by Altive, Ordway Selections, Summer Capital and DeFi Technologies. Alameda Research also participated in the oversubscribed round, along with a core partner of FTX, and existing investors, including Julius Baer,...

Investments
Twig Raises $35M Series A Round to Fuel International Expansion
January 12, 2022

London-based FinTech Twig announced a $35 million round of financing on Tuesday (Jan. 11). 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...

Investments
VR 2021 Funding Totaling $176M Breaks UK Records
January 12, 2022

Chatter about the metaverse and innovation in virtual reality (VR) caught the attention of U.K. investors in 2021, with a record 154 million euros ($176 million) injected into the sector, UK Tech News reported on Wednesday (Jan. 12), citing analysis by institutional stockbroking firm Arden...

Investments
Checkout.com Raises $1B in Series D Funding
January 12, 2022

FinTech startup Checkout.com raised $1 billion in a Series D funding round at a $40 billion valuation, 20 times more than the company was worth when it held its first fundraise in 2019, according to a press release on Wednesday (Jan. 12). Get the Full...

Delivery
In the US, Food Delivery Services Struggle to Achieve Super App Status
January 12, 2022

With food being a multiple-times-a-day necessity for consumers, fulfilling this need allows apps to embed themselves deeply in their users’ daily routines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
WeTransfer to Seek Amsterdam IPO
January 12, 2022

WeTransfer, the Netherlands file-sharing platform, is expected to go public on Euronext, Amsterdam’s stock exchange.  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,...