News

Investments
Razorpay Raises $375M Toward Expansion, Acquisitions
December 19, 2021

Payments gateway platform Razorpay has raised $375 million in a funding round, which it will use to invest in the neobank platform, make more acquisitions and enter more markets, The Economic Times of India reported. Get the Full Story Complete the form to unlock this...

Security & Fraud
Four Executives Sentenced in SBA Fraud Case
December 17, 2021

Four Indiana executives once associated with the now-defunct Banc-Serv Partners LLC were sentenced to prison in federal court this week. The government alleged that all four were associated with a 13-year conspiracy that involved loan guarantee programs. Get the Full Story Complete the form to...

Point of Sale
NY Islanders Team With Fiserv for Contactless Payments at UBS Arena
December 17, 2021

Financial services provider Fiserv is teaming up with the New York Islanders to bring contactless payments to the team’s new UBS Arena, according to press release on Friday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Social Commerce
Virtual Dining Concepts Debuts TikTok Kitchen
December 17, 2021

On Friday (Dec. 17), Virtual Dining Concepts announced the rollout of TikTok Kitchen as part of its partnership with short-form video platform TikTok, according to a QSR Magazine report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
‘No Likes’ Social Branding App Tagg Raises $2M
December 17, 2021

Tagg, a “social branding” app connecting young creatives, announced on Friday (Dec. 17) that it had raised $2 million in seed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Retailers Find ‘X’ Marks the Spot in Engaging the Digital Consumer
December 17, 2021

The letter “x” has been hot in the retail industry. It’s become a small but mighty letter that signifies a partnership between two brands, like the infamous Kardashian-born partnership, Fendi x Skims. Get the Full Story Complete the form to unlock this article and enjoy...

Merchant Innovation
Ticketing and Payment Platform TicketCo Launching in US
December 17, 2021

TicketCo, a Norway-based ticketing, payment and live-streaming platform for venues, is coming to America. 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...

Security & Fraud
Ex-Olympian Allison Baver Accused of $10M in PPP Fraud
December 17, 2021

Federal prosecutors say that a former Olympic speed skater fraudulently obtained $10 million in COVID relief funds, using some of that money to finance a movie made by “Lord of the Rings” actor Elijah Wood about serial killer Ted Bundy. Get the Full Story Complete...

Delivery
Just Eat Partners with Asda for UK Grocery Delivery 
December 17, 2021

Just Eat Takeaway.com on Thursday (Dec. 16) has partnered on a trial basis with U.K. grocery store chain Asda to deliver groceries to Brits starting in January, according to a Friday (Dec. 17) press release. Get the Full Story Complete the form to unlock this...