News

Investments
N26 Close to Getting $800M In Funding Round
October 13, 2021

Germany-based N26 is about to close an $800 funding round after months of speculation, Business Insider reported. The capital infusion will more than double the challenger bank’s previous value of $3.7 billion. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Best Buy Moves Deeper Into Connected Healthcare With Current Health Acquisition  
October 13, 2021

Making good on predictions that it will keep investing in healthcare, from devices to analytics, Best Buy is acquiring U.K.-based tech firm Current Health, whose platform provides “continuous, passive monitoring of vital signs” via wearables and connected devices. Get the Full Story Complete the form...

Bitcoin
Bitcoin Daily: US Tops China as Biggest Source of Bitcoin Mining; China Bitcoin Mining Hits...
October 13, 2021

The U.S. has beaten China as the new top source of bitcoin mining after Beijing banned the practice earlier in the year, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
India’s B2B Supply Chain Startup AnKa SumMor Nets $1.5M to Help Brands Get Exposure
October 13, 2021

The Indian B2B supply chain startup AnKa SumMor has raised $1.5 million in pre-Series A funding, money the Bengaluru-based company will use to expand and scale its operations, Inc42 reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
TripActions Now Valued at $7.25B After $275M Funding Round
October 13, 2021

TripActions Inc. is now valued at $7.25 billion after a recent $275 million funding round, as the corporate travel market continues to limp back to pre-pandemic levels. Although more companies are allowing employees to fly, they are traveling nowhere near as often as they did...

B2B Payments
Canada’s Wildpack Beverage to Start Taking Crypto Payments for Manufacturing, Packing
October 13, 2021

Aluminum can sleeving startup Wildpack Beverage is now accepting bitcoin and other cryptocurrencies as optional forms of payment for customers of its beverage manufacturing and co-packing services, according to a Tuesday (Oct. 13) press release. Get the Full Story Complete the form to unlock this...

Loyalty & Rewards
Getting Creative With Digital Loyalty Keeps QSRs’ Health-Concerned Customers Engaged
October 13, 2021

Restaurant rewards are increasingly becoming the norm for quick-service restaurants (QSRs). In the past month alone, Focus Brands-owned bakery giant Cinnabon launched its Cinnabon Rewards program, California-based Mexican-style QSR Del Taco launched its Del Yeah! rewards app, and McDonald’s expanded its MyMcDonald’s Rewards program to...

IPO
AvidXchange IPO Raises About $660M on Initial Market Cap of $4.8B
October 13, 2021

Accounts payable (AP) and payment automation platform AvidXchange Holdings, Inc. on Wednesday (Oct. 13) announced that its initial public offering (IPO) will feature 26.4 million shares of common stock for $25 each. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Today in Retail: LVMH Sees US, Asia Growth; Lowe’s Launches Media Network
October 13, 2021

In today’s top retail news, a luxury products conglomerate said strong demand for luxury products continues to drive sales, while retailers such as Michaels are looking to open digital marketplaces to expand their customer base. Also, Lowe’s is launching a retail media service with a...