News

Investments
Blockchain App Bridge Alchemy Raises $250M, Powers Adobe NFT
October 29, 2021

Startup Alchemy, a developer platform for blockchain and Web3, raised $250 million at a $3.5 billion valuation and is powering Adobe’s non-fungible token (NFT), according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Egypt-Based B2B eCommerce Firm Kuzlo Raises Pre-Seed Funding
October 29, 2021

Egyptian B2B eCommerce startup Kuzlo announced Friday (Oct. 29) it has raised an undisclosed amount in a pre-seed fundraising round that is now closed, according to a Tech in Africa report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Swedish FoodTech N!CK’S Snags $100M for Worldwide Growth 
October 29, 2021

Sweden-based FoodTech N!CK’S, which makes healthy snacks and ice cream, on Thursday (Oct. 28) announced it has wrapped up a $100 million Series C fundraising round that will fuel increased European and North American growth, product portfolio expansion and doubling its store count in 2022,...

IPO
Nubank IPO Filing, Valuation Spotlights Heady Neobank Growth Expectations  
October 29, 2021

Through the pandemic, amid a heady pace of FinTech-related listings activity on U.S. exchanges, Nubank is, to quote an old movie, readying for its closeup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
EBANX Acquires Brazilian Payment Firm Juno 
October 29, 2021

The Latin American payment FinTech EBANX has acquired the Brazilian eCommerce billing and banking firm Juno.  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...

B2B Payments
One-Stop ‘Uber Networks’ Will Drive Consumerization of Business and ‘Just-in-Time’ Payments
October 29, 2021

In today’s “always on” economy, consumers demand instant gratification in all areas, and their personal finances are no exception. Whether it’s buying a coffee, paying bills or accessing credit, consumers want it to be simple, fast and efficient. Get the Full Story Complete the form...

Retail
New Data Show 2021 Holiday Spend Depends on Availability, Ease and Satisfaction
October 29, 2021

Will we hear cash registers ringing along with sleigh bells this December? Yes and no. New research and retail outlooks see a decidedly digital holiday shopping season in 2021 that’s already skewing toward eCommerce (no ringing registers) as serious gift buying kicks in. Get the...

Regulation
FTC Gets More Control Over Corporate M&A Process 
October 29, 2021

The Federal Trade Commission recently adopted several policy changes focused on how companies handle the merger and acquisition process, according to a report Friday (Oct. 29) in The Wall Street Journal.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Loyalty & Rewards
Starbucks Looks to Double-Dip Loyalty With Blockchain-Enabled Cross-Brand Rewards
October 29, 2021

On a call with analysts on Thursday (Oct. 28), Starbucks’ President and CEO Kevin Johnson shared an upcoming change to Starbucks’ loyalty program that could transform the way rewards function across the restaurant industry: linking the coffeehouse’s loyalty program to other brands’ rewards. Get the...