News

Partnerships / Acquisitions
Booking Holdings to Buy Flight Booking Provider Etraveli Group for $1.8B
November 23, 2021

Booking Holdings has announced an agreement with CVC Capital Partners to buy Etraveli Group, a global flight booking provider for 1.63 billion euros (about $1.83 billion), to help offer frictionless flights, according to a Tuesday (Nov. 23) press release. Get the Full Story Complete the...

International
EMEA Daily: Delivery Startup Getir to Buy UK Rival Weezy; Circle Invests $10.5M in UK’s...
November 23, 2021

In today’s top Europe, Middle East and Africa news, Turkish delivery startup Getir is set to buy U.K. rival Weezy, and Circle uses USDC to invest $10.5M in U.K.-based Crowdcube. Plus, the Italian Antitrust Authority fines Amazon and Apple over $225 million, Klarna introduces Pay...

International
India Again Announces Plan to Ban Cryptocurrencies as Digital Rupee Moves Ahead
November 23, 2021

After months of discussions and rumors that it was taking a less hostile stance on cryptocurrencies, the government of Prime Minister Narendra Modi re-introduced legislation Tuesday (Nov. 23) that would impose an outright ban on digital currencies. Get the Full Story Complete the form to...

B2B Payments
Expensify, Going Public, Touts Payments Super-App as Goal
November 23, 2021

Expense management software company Expensify has gone public, and Founder David Barrett has said in a letter that he thinks the company will succeed because of its goals to be a “financial social network.” Get the Full Story Complete the form to unlock this article...

eCommerce
Consumer Satisfaction With Online Merchants Directly Linked to Availability of Free Shipping
November 23, 2021

Merchants have reduced the availability of some online shopping features for customers this year — particularly free shipping — and this left some consumers completing their purchases with a less satisfactory experience.  Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Best Buy Tightens Security, CEO Warns of Impact on Employee Retention
November 23, 2021

Best Buy CEO Corie Barry said she thinks a glut of thefts could end up having a ripple effect on employee retention, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
SoftBank Leading Upcoming Juspay Investment Round
November 23, 2021

Japanese investment company SoftBank is likely to lead the upcoming $100 million to $120 million fundraising round for FinTech Juspay, according to a report in The Economic Times Tuesday (Nov. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bitcoin
Bitcoin Daily: MercadoPago to Allow Bitcoin Buying, Selling in Brazil; UK Man Faces Extradition to...
November 23, 2021

MercadoPago will soon let Brazilian customers buy, sell and hold bitcoin, Bitcoin Magazine reported. MercadoPago is the digital payments app of MercadoLibre. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Field Service Management Software Platform simPRO Snags $350M, Acquires ClockShark, AroFlo
November 23, 2021

Global field service management software platform simPRO has nailed down a $350 million investment and announced a pair of acquisitions, according to a Tuesday (Nov. 23) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...