News

Partnerships / Acquisitions
Ship.Cars, Montway Partner Ahead of Used Car Week 
November 12, 2021

The automotive transport company Ship.Cars has formed a partnership with the logistics brokerage Montway Auto Transport.   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...

IPO
IPO/SPAC Announcements Get a Boost from Paytm and Presto 
November 12, 2021

IPOs and SPAC announcements in the banking sector this year to date have totaled 61, followed by firms that are engaged in transforming the way companies’ workflows operate (the “work”) segment, at 48.  The activity was decidedly international in scope.  Payments firms follow, with 36...

News
This Week in Payments: Crypto Use Doubles, Delivery Is Everything in Retail, and BNPL Is...
November 12, 2021

Crypto made news this week on a couple of fronts. For one, Coinbase reported earnings that were a bit of a disappointment from the Street’s perspective, with both trading volumes and active users down. Notably, Coinbase advocated for a single digital asset regulator, mentioning that...

Partnerships / Acquisitions
Booking Holdings Acquiring Hotel Room Distributor Getaroom 
November 12, 2021

Booking Holdings Inc. on Friday (Nov. 12) agreed to acquire B2B hotel room distributor Getaroom from Court Square Capital Partners for about $1.2 billion and will roll it into the Priceline brand, subject to customary closing conditions including regulatory approval, according to an Associated Press...

Delivery
DoorDash and Grubhub Race To Offer Restaurants the Most Flexible Fulfillment
November 12, 2021

When online delivery orders made up only a small fraction of all sales, the turnkey solution was the best option for most restaurants. Third-party aggregators gave them access to digital order-taking and payment tools and drivers to fulfill delivery orders, as well as a marketplace...

International
With AfCFTA, African FinTechs See SMB Investment Opportunities 
November 12, 2021

FinTech startups in Africa are ballooning beyond their borders to access a wave of new investments expected to arrive with the advent of the African Continental Free Trade Area (AfCFTA).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
The MiCA Framework Seeks to Govern Stablecoin Issuance in EU
November 12, 2021

The blockchain space continues to boom, and recent data from the International Monetary Fund (IMF) shows that the market capitalization of stablecoins – digital currencies pegged to a stable asset like the U.S. dollar or Euro – has quadrupled to over $120 billion in 2021,...

Retail
Warby Parker Aims to Be Holistic Eye Care Provider, While Walmart Taps Elton John
November 12, 2021

Direct-to-consumer (D2C) eyewear retailer Warby Parker laid out plans to vastly expand its offerings and market share in the coming years, as it tries to move beyond simply selling glasses and into a full-scale eye care company. Get the Full Story Complete the form to...

Retail
Baby Registries Pair Advice, Commerce to Help Parents Choose With Confidence
November 12, 2021

Having a baby is one of the most exciting, and perhaps most stressful, times in a person’s life. Beyond just having another human being besides yourself to take care of, every bottle, pacifier and rattle purchased feels like a consequential decision, with myriad opinions from...