News

B2B Payments
China’s Whale Cloud Teams With Mexico’s Toka FinTech to Develop Payment App
November 10, 2021

China-based Whale Cloud, which provides telecommunications software solutions, has partnered with Toka Fintech, based in Mexico, to develop a new digital payment app with Alipay+ Digital Wallet Solution, according to a press release. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Apple Debuts Device Management Service for SMBs
November 10, 2021

Apple has debuted a new subscription service to help small- to medium-sized business (SMB) owners manage their employees’ use of the tech giant’s devices, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Vroozi Debuts Automated AP, Invoice Platform
November 10, 2021

Vroozi, which works in purchasing and spend management for enterprise and midmarket companies, will roll out a new accounts payable and invoice automation platform, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Today in Retail: Supply Constraints Hold Adidas Back; Poshmark Struggles With Apple’s Changes
November 10, 2021

In today’s top retail news, strong demand coupled with supply chain bottlenecks are pushing inflation higher and causing Adidas to project $1.2 billion in lost sales over the coming months. Also, Poshmark, despite a supply advantage, reported lower-than-expected sales in the third quarter as it...

Bitcoin
Bitcoin Daily: La Haus to Take Bitcoin Payments; Mastercard Works With Asia-Based Crypto Companies on...
November 10, 2021

La Haus, a property technology company based in Latin America, is now taking bitcoin for home purchases, CoinDesk reported. 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...

Faster Payments
Even’s Real-Time Payments Helps Workers Get Faster Access to Wages
November 10, 2021

On Wednesday (Nov. 10), financial benefits platform Even teamed up with J.P. Morgan to give millions of U.S. hourly workers instant access to their earned wages through real-time payments (RTP), according to a press release. Get the Full Story Complete the form to unlock this...

Investments
SaaS BNPL Startup Cacheflow Closes $6M Seed Funding Deal
November 10, 2021

Cacheflow closed a $6 million seed funding round to help the startup grow its platform that enables software-as-a-service (SaaS) firms to offer buy now, pay later (BNPL) installment options at check-out, according to a press release Wednesday (Nov. 10). Get the Full Story Complete the...

Investments
Payitoff Notches $8.5M Ahead of Feb. 1 Student Loan Repayments
November 10, 2021

Payitoff, an automated student loan management company serving the FinTech sector, has generated $8.5 million in a seed round, according to a Wednesday (Nov. 10) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Flutterwave Pursues Aggressive Expansion Strategy Across Africa With Disha Acquisition
November 10, 2021

It’s been a busy year for Flutterwave, as it pursues an aggressive expansion strategy geared toward cementing its place as the leading pan-African payments technology company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...