News

International
Britain Eyes Revised Listing Rules for London Stock Exchange
December 02, 2021

In an effort to help London keep pace with New York, Britain’s stock markets overseer said new listing regulations would debut this week, according to a Thursday (Dec. 2) report from Reuters.  Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Goods Sourcing Platform Meru Raises $15M
December 02, 2021

Meru.com, a Mexico City-based platform that connects manufacturers to the supply chain, has raised $15 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Mobile Payments
Tencent’s WeChat Pay Envisions Future Where Payment Options are the Norm
December 02, 2021

China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and Tencent, CNBC reported on Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Grab Goes Public as Super-App Competition in SE Asia Heats Up
December 02, 2021

Grab, the Singapore-based ride-hailing giant swiftly growing its footprint as a super app, is making its U.S. debut on the Nasdaq exchange today (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Hotel Engine Propels to Unicorn Status With $65M Investment
December 02, 2021

Denver-based Hotel Engine, a travel tech company focused on making lodging management easier for businesses, raised $65 million in Series B funding, the company announced on Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Mexican BNPL Platform Kueski Snags $202M
December 02, 2021

Mexican buy now, pay later (BNPL) firm Kueski on Thursday (Dec. 2) announced it had completed a $200 million equity and debt fundraising round that will help it expand the business, according to a Nasdaq report.  Get the Full Story Complete the form to unlock...

Retail
Dollar General Goes Upscale and to the ‘Burbs With Popshelf Stores
December 02, 2021

Not content to watch the lucrative home décor and improvement wave pass it by, budget retailer Dollar General plans a significant expansion of its upmarket Popshelf store concept, pushing into younger and wealthier suburban markets seeking higher basket values. Get the Full Story Complete the...

Regulation
Twitter’s Preemptive Privacy Revision Won’t Slow Lawmakers’ Efforts to Amend Section 230
December 02, 2021

It’s been a wild week at Twitter — or perhaps wilder than usual is a better way to frame it. 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
MercadoBitcoin.com Holding Company Snags $50M in Series B Funding 
December 02, 2021

Brazilian unicorn 2TM Group, the holding company for Latin American cryptocurrency exchange MercadoBitcoin.com on Tuesday (Nov. 30) announced the second end of a $50.3 million Series B fundraising round that also closed in July with a $200 million investment by SoftBank.  Get the Full Story...