News

Investments
Papaya Raises $50M to Improve Bill Payment
December 15, 2021

Consumer payments firm Papaya is looking to help people pay more of their bills — and pay them on time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Luxury Reseller Rebag Bags $33M in Series E
December 15, 2021

The online luxury goods reseller Rebag says it has raised $33 million through a Series E round, bringing the firm’s total funding to $101 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Microsoft: Foreign Governments Backing Log4j Hackers
December 15, 2021

Hackers backed by China and other nations are part of an increasing cohort looking to expose weaknesses in computer server software, according to Microsoft and cybersecurity experts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Synchrony Announces Strategic Investment in ePayments Platform Skipify 
December 15, 2021

Financial services company Synchrony on Wednesday (Dec. 15) unveiled a strategic investment in digital payments company Skipify that gives merchants the opportunity to give their customers a one-tap checkout solution.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Crypto Payments Infrastructure Startup Ramp Closes $52.7M Series A
December 15, 2021

Payments infrastructure crypto startup Ramp closed a Series A funding deal led by Balderton Capital, with participation by existing backers NFX, Galaxy Digital, Seedcamp, Firstminute Capital and angel investors Wise co-founder Taavet Hinrikus and TrueLayer’s Francesco Simoneschi. Get the Full Story Complete the form to...

Investments
Crypto Custody Startup Anchorage Closes $350M Funding Deal at $3B Valuation
December 15, 2021

Anchorage Digital has raised $350 million in a Series D funding round at a $3 billion valuation led by global investment firm KKR, according to a blog post on Tuesday (Dec. 15). Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Retail’s Touch and Go Holiday Hinges on Paycheck-to-Paycheck Consumer 
December 15, 2021

The latest reading on retail sales numbers show that the Grinch is creeping into the room — in the form of inflation — threatening to upend the holiday spending that so many retailers have been banking on. Get the Full Story Complete the form to...

International
European Cloud Project Kicks off Without US, Chinese Firms
December 15, 2021

The European Commission launched on Tuesday (Dec. 14) the European Alliance for Industrial Data, Edge and Cloud. This project is part of the European Data Strategy, created in 2020, which aims to create a single EU data market and to have more control of the...

Delivery
Competition for Ultra-Fast Delivery Intensifies in France
December 15, 2021

Leading French grocery and fresh food delivery service company La Belle Vie has raised €25 million ($28 million) in a Series B round as part of its plans to expand its offer across France in 2022. Get the Full Story Complete the form to unlock this...