Cross-border payments are an integral part of day-to-day operations for individuals and businesses in Africa, but transferring funds across the 54 countries in the region is not without its challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Australian electric bike startup Zoomo has raised $60 million in Series B funding, according to a Monday (Nov. 15) report from Tech Crunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With the rise in takeout-friendly foods that brands have been seeing since the start of the pandemic, Restaurant Brands International (RBI), parent company of Popeyes, Burger King and Tim Hortons, is going all in on sandwiches. The company announced Monday (Nov. 15) that it is...
When Rue La La launched over a decade ago, it — along with Gilt — was a pioneer of the online flash sale, helping bring forth a trend that countless others have used to keep customers coming back. Get the Full Story Complete the form to...
For decades, luxury brands could only be found in luxury department stores, sold by retailers rather than the labels themselves. But with the growth of eCommerce allowing for more direct connections with customers, and therefore a more controlled brand message, that model may be obsolete,...
Skincare company Obagi and makeup brand Milk Makeup are joining forces through a special purpose acquisition company (SPAC) deal with Waldencast Acquisition Corp. — an acquisition-focused entity founded by two former L’Oréal execs — in a merger that puts their combined value at about $1.2...
Casper Sleep Inc. announced on Monday (Nov. 15) that it has agreed to be acquired by Durational Capital Management in a deal that will take the mattress company private. Durational Capital will pay $6.90 per share, a 94% premium over the closing price on Friday...
ACI Worldwide is introducing its proprietary Network Intelligence Technology to give banks and payment providers the ability to share fraud signals and better use machine learning capabilities to detect and fight deception, according to a press release on Monday (Nov. 15). Get the Full Story...
Global buy now, pay later (BNPL) company Zip Co Limited has finalized its 89 million euro acquisition deal for BNPL firm Twisto Payments, a move that gives Zip access to to all 27 member states of the European Union (EU). Get the Full Story Complete...
