News

Cross-border Payments
Payments Orchestration Smooths Cross-Border eCommerce Transitions
January 05, 2022

An unstoppable eCommerce train can find itself delayed at border crossings, so to speak, by expanding into new regions without first making sure their payments stack is good to go, too.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
25% of B2B Payments Are Made by Check
January 05, 2022

While digitization has been a nearly universal pursuit for chief financial officers (CFOs) in recent years, it has played out differently in various sectors. This reflects the fact that every industry has its own set of challenges and pain points. Get the Full Story Complete...

International
Indonesia Digital Bank Rights Issue Attracts Grab Subsidiary Carro, Other Supporters
January 05, 2022

Car marketplace Carro, a subsidiary of food delivery platform Grab, is among several companies slated to participate in a 4.8-trillion-rupiah (about $334 million) rights issue by Indonesian digital lender Allo Bank, Reuters reported Wednesday (Jan. 5). Get the Full Story Complete the form to unlock...

Investments
Whitebox Raises $20M to Meet ‘Unprecedented Demand’ for eCommerce
January 05, 2022

Baltimore-based eCommerce marketing and fulfillment technology company Whitebox announced it has wrapped up a $20 million fundraising round that it will use to enhance its Omnifi technology platform and hire senior talent to meet what it called “unprecedented demand,” Technical.ly reported Tuesday (Jan. 4). Get...

Investments
Ahead of IPO, Delhivery Invests in Falcon Autotech
January 05, 2022

The Indian logistics company Delhivery says it has invested in the logistics automation firm Falcon Autotech, according to published reports Wednesday (Jan. 5).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Delivery
Canadian Delivery Platform SkipTheDishes Expands into Groceries
January 05, 2022

Canadian restaurant delivery platform SkipTheDishes is moving into grocery delivery with its new Skip Express Lane service, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Jahez’s Billion-Dollar IPO Boosts Venture Capital Investment in Saudi Firms
January 05, 2022

In a much-anticipated move, Saudi food delivery firm Jahez became the first Saudi tech startup to list on a public exchange, bringing its market capitalization to $2.4 billion, Magnitt reported on Wednesday (Jan. 5).   Get the Full Story Complete the form to unlock this...

International
Revolut Singapore Gets OK to Offer Silver, Gold Trading
January 05, 2022

FinTech Revolut has gotten permission from the Monetary Authority of Singapore (MAS) to allow customers to trade gold and silver on its app, finews.asia reported Wednesday (Jan. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Walmart to Offer In-Fridge Grocery Delivery to 30M Homes; But do People Want It?
January 05, 2022

The country’s largest grocery retailer is looking to take the lead in an increasingly competitive fight over fast food delivery. In an announcement Wednesday (Jan. 5), Walmart said it planned to ramp its in-fridge delivery service to 30 million households, but questions remain whether consumers...