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International
Monetary Authority of Singapore and UAE Sign Digital Trade Financing Pact 
November 11, 2021

Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) on Thursday (Nov. 11) announced the completion of a cross-border digital trade financing pilot.  Get the Full Story Complete the...

Investments
Socure Raises $450M at $4.5B Valuation in Oversubscribed Series E
November 11, 2021

Digital identity verification and fraud platform Socure raised $450 million in an oversubscribed Series E funding round that puts its valuation at $4.5 billion, the company announced Tuesday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Delivery
Germany’s Delivery Hero Predicts Rosy Revenue Forecast
November 11, 2021

Germany’s Delivery Hero says its 2021 revenue outlook looks positive, as the online food delivery service reaps the benefits of investing in food delivery and quick commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Logistics Startup ShipBob Unveils B2B Fulfillment Suite 
November 11, 2021

The logistics startup ShipBob has launched a B2B fulfillment suite and new API capabilities, tools the Chicago company says will let merchants “sell throughout the entire B2B ecosystem.”  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bitcoin
Mode Joins Forces With PayEscape to Test First Bitcoin Payroll Offering in UK 
November 11, 2021

London-based FinTech Mode is teaming with U.K. payroll service PayEscape to launch a trial of the first bitcoin payroll offering in the U.K., according to a Thursday (Nov. 11) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Indonesian Super App GoTo Lands $1.3B in Funding 
November 11, 2021

GoTo Group has secured $1.3 billion from investors as the Indonesian tech company prepares for its initial public offering.  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...

International
Mumbai eCommerce Aggregator Evenflow Acquires Third Brand in Three Weeks
November 11, 2021

eCommerce aggregator Evenflow Brands has acquired sports and fitness supplement venture Xtrim, its third acquisition in the past three weeks, according to a BusinessToday.in report Thursday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Amazon’s Address-Free Gifting Tool Aims to Simplify Holiday Shopping
November 11, 2021

One of the biggest sources of friction in the gift-giving process, particularly as eCommerce accounts for a larger share of purchases, is knowing where to send the item. After hours of searching, comparing and customizing, the buyer may not know the recipient’s address and may...

Retail
Global Singles’ Day Spending Puts Prime Day to Shame
November 11, 2021

What started in the 1990s in China as an anti-Valentine’s Day remains the world’s largest shopping day of the year — and though regulatory scrutiny muted some of the Singles’ Day celebration, consumers still came out in droves to buy from eCommerce merchants. Get the...