News

Partnerships / Acquisitions
Singapore-Based Cash Rewards App ShopBack Buys BNPL hoolah 
November 02, 2021

Singapore’s cash rewards app ShopBack has received the go-ahead from shareholders of hoolah for a 100% acquisition of the buy now, pay later (BNPL) company, according to a Tuesday (Nov. 2) press release issued by ShopBack. Financial details were not disclosed.   Get the Full...

Cross-border Payments
EasyTransfer, Tencent Offer Chinese Students Platform for Overseas Tuition Payment
November 02, 2021

China’s more than 700,000 students studying abroad each year can make overseas tuition payments within three minutes as part of a collaborative effort between EasyTransfer and Tencent Financial Technology, according to a Tuesday (Nov. 2) press release. Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
Klarna to Buy PriceRunner as BNPL Moves Deeper Into Commerce, Financial Services
November 02, 2021

Klarna announced on Tuesday (Nov. 2) that it will acquire U.K.-based price comparison service PriceRunner for 1.06 billion Swedish crowns ($124.36 million) in a deal that expands the functionality for users of Klarna’s buy now, pay later (BNPL) service. Get the Full Story Complete the...

B2B Payments
VertoFX Teams With ClearBank for Enhanced SMB Cross-Border Payments
November 02, 2021

Business-to-business payments firm VertoFX is partnering with cloud-based clearing company ClearBank to bring comprehensive solutions for cross-border payments to underserved businesses in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Cross River Buys SaaS Provider Betterfin, Advances API-Based Platform
November 02, 2021

FinTech Cross River Bank has acquired 4-year-old software-as-a-service (SaaS) provider Betterfin, a company focused on helping small businesses manage their cash flow and offer insights on financing and credit, according to a Tuesday (Nov. 2) press release. Financial details of the acquisition were not disclosed....

Delivery
DoorDash Offers Same-Day Ulta Beauty Delivery 
November 02, 2021

In another nod to the ever-expanding bring-it-to-me economy, DoorDash on Tuesday (Nov. 2) partnered with beauty retailer Ulta Beauty on same-day delivery from Ulta stores in Atlanta, Boston, Chicago, Los Angeles, Houston and Boise, and plans to expand the offering across the country in 2022. ...

Partnerships / Acquisitions
First Internet Bank Acquires First Century Bank in $80M Deal
November 02, 2021

First Internet Bank announced Tuesday (Nov. 2) it had inked an agreement to acquire First Century Bank, saying the move allowed it multiple opportunities for growth and diversification.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Klarna Snaps up PriceRunner to Bring New Features to Shoppers
November 02, 2021

Retail bank and buy now pay later (BNPL) specialist Klarna closed a deal to acquire the price comparison platform PriceRunner in a move to bring enhanced app features to Klarna shoppers. Financial terms weren’t disclosed. Get the Full Story Complete the form to unlock this...

Retail
Wayfair Debuts In-App Video Commerce Offering
November 02, 2021

Home furnishings company Wayfair Inc. on Tuesday (Nov. 2) rolled out the immersive video commerce platform Wayfair On Air, an initiative that will help shoppers find products to enhance every room in their homes. Get the Full Story Complete the form to unlock this article...