News

Social Commerce
Swiggy Considers Branching Into India’s Social Commerce Space
October 12, 2021

Swiggy, India’s largest food delivery platform, is considering a move into the country’s social commerce space, Entrackr 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 to...

Delivery
Stop & Shop Grocery Partners With Instacart to Offer 30-Minute Delivery
October 12, 2021

Stop & Shop, a grocery store chain that operates 400 stores throughout the Northeast, has joined forces with Instacart to debut Stop & Shop Express. The service promises delivery of grocery, household items and convenience items in as little as 30 minutes, according to a...

Regulation
China Steps Up Investigations Into Antitrust, Mergers
October 12, 2021

China’s antitrust watchdog is adding new staff and departments amid the latest development in the country’s ongoing battle against monopolies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Delivery
DoorDash Offers Merchants Sponsored Listings Tool
October 12, 2021

DoorDash is launching a suite of new advertising tools that includes sponsored listings, which aim to help restaurants of all sizes get their message in front of more customers, the company said in a press release on Tuesday (Oct. 12). Get the Full Story Complete...

Banking
Q3 Bank Earnings Likely to See Continued Strong Debit Spending
October 12, 2021

Seems like yesterday we were looking toward second-quarter earnings reports. 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 newsletter, PYMNTS Today. By completing this...

Investments
M2P FinTech Raises $35M in Funding at $335M Valuation
October 12, 2021

India-based API infrastructure company M2P FinTech has generated $35 million in Series C investments, pushing its valuation to $335 million, according to a Tuesday (Oct. 12) report from The Hindu. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
BNY Mellon, Microsoft Azure Boost Cloud-Based Wire Payments
October 12, 2021

BNY Mellon is moving its wire payments infrastructure to Microsoft Azure and is also developing a treasury cash management relationship with Microsoft Treasury built on the Azure cloud payment system, according to a press release on Tuesday (Oct. 12). Get the Full Story Complete the...

Investments
Crypto Trading Platform MoonPay Seeks $3.4B Valuation
October 12, 2021

MoonPay, which makes tools allowing web and mobile developers to accept cryptocurrency payments, could reach $3.4 billion after its first round of venture capital funding wraps up, according to a Cointelegraph report on Tuesday (Oct. 12). Get the Full Story Complete the form to unlock...

Investments
London Crypto Analytics Firm Elliptic Nets $60M
October 12, 2021

London-based Elliptic, which works in blockchain analytics and cryptocurrency compliance solutions, has generated $60 million in Series C funding, according to a Tuesday (Oct. 12) report from UK Tech News. Led by Evolution Equity Partners, as well as a new contribution from SoftBank Vision Fund...