News

Investments
Wellness App Mine’d raises $3.5M
January 06, 2022

Mine’d, the New York-based app that connects consumers with emotional wellness experts and classes, announced it has raised $3.5 million in a funding round, according to a post on LinkedIn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

eCommerce
Bay Supply Introduces B2B Market for Fastening Products
January 06, 2022

Bay Supply, the online marketing division of Bay Fastening Systems, has debuted a new B2B eCommerce vertical marketplace to help the fastening industry, the company announced Thursday (Jan. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
South Africa’s JABU Gets $3.2M for Its B2B eCommerce and Retail Play
January 06, 2022

Namibia-based B2B eCommerce startup JABU has raised $3.2 million in a financing round, TechCrunch reported Thursday (Jan. 6). 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...

Investments
PayFit Raises $276M to Transform HR Technology 
January 06, 2022

PayFit, a payroll and human resources management solution for small- to medium-sized businesses (SMBs), has raised 254 million euros ($276 million), a record-breaking amount for the Paris-based firm, the company announced on Thursday (Jan. 6).  Get the Full Story Complete the form to unlock this...

B2B Payments
Rupifi Snags $25M for Indian B2B Payments Platform
January 06, 2022

Buy now, pay later (BNPL) platform Rupifi announced Thursday (Jan. 6) that it has raised $25 million in a financing round to help the company expand its business-to-business (B2B) payments offerings in its existing markets and into new ones. Get the Full Story Complete the...

Retail
Saks Debuts Online Wellness Shop 
January 06, 2022

Luxury eCommerce platform Saks on Thursday (Jan. 6) launched The Wellness Shop on Saks.com, with both men’s and women’s spaces in the top navigation on the website and four key pillars: fitness, health & nutrition, sexual wellness and rest & relaxation.  Get the Full Story...

International
India’s Quick Commerce Startup Dunzo Raises $240M Led by Reliance
January 06, 2022

India’s quick commerce startup Dunzo raised $240 million in a funding round led by Reliance Retail Ventures Limited, with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital, according to multiple media reports. The company also counts Google as an earlier investor. Get...

Biometrics
The Biometric Authentication Generation Gap
January 06, 2022

Fraud may be on the rise, but the number of consumers using biometric authentication methods has not risen with it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Grocery Roundup: Packaged Foods Brands Benefit from Return to Stay-at-Home
January 06, 2022

With contagion concerns on the rise once again, packaged food brands have the opportunity to benefit from a return to consuming more food at home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...