News

Investments
Robinhood Opens IPOs To Retail Investors With Ties to Companies
November 03, 2021

Popular online brokerage Robinhood said Wednesday (Nov. 3) it would give those companies issuing shares through its IPO Access platform the ability to put stocks aside for select members of the public, according to Reuters. Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
Argentinian FinTech Uala Buys ABC Capital for Ongoing Expansion
November 03, 2021

Ualá, an Argentine financial services firm, has reached an agreement to buy ABC Capital, a Mexican bank, which will allow it to boost expansion and growth plans in Mexico, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Netflix to Debut ‘Stranger Things’ Experience, Pop-Up Stores in NYC, LA
November 03, 2021

Fans of the Netflix show “Stranger Things” will be able to visit a Netflix-launched pop-up store as of Saturday (Nov. 6), Variety reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Social Commerce
Alibaba Debuts NFT Art Metaverse for China’s Singles Day
November 03, 2021

Alibaba has rolled out what it’s calling a “metaverse” ahead of China’s Singles Day, according to RADII, a China youth culture publication founded by a former vice president of Alibaba. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Today in Retail: Allbirds Makes Public Debut; Nike Links Loyalty Program With Dick’s Sporting Goods
November 03, 2021

In today’s top retail news, Allbirds CEO Joey Zwillinger says he sees a path to profitability for his newly public company, while Dick’s Sporting Goods and Nike are teaming up to offer customers an expanded selection of Nike apparel and footwear. Also, CVS is continuing...

Bitcoin
Bitcoin Daily: Africa’s Crypto Market Third-Fastest Growing in World; Coinbase Allows Users to Borrow up...
November 03, 2021

Africa’s cryptocurrency market is now the third fastest-growing in the world, Bitcoin Magazine reported Tuesday (Nov. 2). 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...

Retail
Allbirds Sees 91% Gain in Wall Street Debut Almost Doubling IPO Price
November 03, 2021

Update (5 p.m.): 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 form, you agree to receive marketing communications...

Delivery
Ultra-Fast Grocery Delivery Companies Expect a Future of Consolidation
November 03, 2021

Where once consumers were impressed to have groceries delivered to their homes the next day, now online shoppers are expecting quicker and quicker fulfillment. Incumbents and newcomers alike are racing to meet these on-demand expectations. In 2020, FreshDirect launched two-hour delivery in select markets, and...

B2B Payments
Study: 29% of B2B Firms Expanded Use of Online Sales Channels
November 03, 2021

Companies are looking to expand their digital presence, and many are even beginning to consider eCommerce as the dominant channel through which they interact with clients and business partners.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...