News

Partnerships / Acquisitions
Nigerian FinTech Tingo Mobile Signs Agreement With Visa 
October 28, 2021

Tingo Mobile has entered into an agreement with Visa, a move the firm says will help deepen its financial services offerings in Nigeria and expand across Africa.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Indian Travel Portal Ease My Trip to Acquire Traviate 
October 28, 2021

The Indian online travel portal Ease My Trip has finalized a non-binding agreement to acquire Traviate, a B2B travel marketplace.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Untangling the ‘Sticky Web’ of B2B Payments Starts With the Value Proposition
October 28, 2021

The consumer payments ecosystem is thriving with the rapid adoption of everything from QR codes and contactless cards to digital wallets and cryptocurrencies. As a result, money flows freely, and people benefit from having greater convenience and flexibility in the many ways to pay. Get...

Investments
RPA Firm qBotica Lands $1M in Seed Funding 
October 28, 2021

The robotic process automation (RPA) company qBotica announced Wednesday (Oct. 27) it has raised $1 million in seed funding from Peacock Ventures.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Trade Finance Platform Drip Capital Raises $175M in Series C
October 28, 2021

Digital cross-border trade finance platform Drip Capital raised $175 million, including $40 million in a Series C funding round and $135 million in warehouse debt facilities, according to press release on Thursday (Oct. 28). Get the Full Story Complete the form to unlock this article...

Retail
Holiday Shopping Outlook Suggests ‘Amazon Christmas’ May Be Underway
October 28, 2021

Ahead of Amazon’s third-quarter earnings report, new data show that nearly everyone will be shopping online this holiday season, a likely boon to the Seattle-based eCommerce giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
eBay Downplays Continued Decline of Active Buyers
October 28, 2021

Marketplace platform eBay is continuing to shed active buyers and report lower sales volumes as consumers increasingly return to in-person shopping, though the company says losing some customers was always an inevitable part of the company’s long-term plan. Get the Full Story Complete the form...

Retail
Google’s Shoppable Magazine Showcases Strides Made in Commerce
October 28, 2021

Though it’s not yet November, PAPER is already rolling out its list of trends that defined 2021, including freckle pens, cottagecore and low impact home workouts — a wide-ranging list that almost seems too insightful into how people have been living their lives. Get the...

Retail
Shopify Sees Future Where ‘Retail Happens Everywhere’
October 28, 2021

Shopify Inc. reported Thursday (Oct. 28) it has doubled its cumulative gross merchandise value (GMV) in the past 16 months to $400 billion as the company remains focused on simplifying commerce for merchants. Get the Full Story Complete the form to unlock this article and...