News

Loyalty & Rewards
Paceline Announces Health and Wellness Credit Card
October 20, 2021

Unified wellness platform Paceline on Wednesday (Oct. 20) launched the Paceline Card, which ties together credit card rewards and physical activity that’s tracked by an Apple Watch.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Metamorph, ABS Capital Acquire Grant Platform Fluxx for Undisclosed Terms
October 20, 2021

Grantmaking management technology platform Fluxx is being acquired for undisclosed terms by a syndicate led by private equity firm Metamorph Partners and co-investor growth equity company ABS Capital Partners, according to a press release on Wednesday (Oct. 20). Get the Full Story Complete the form...

B2B Payments
55% of Finance Officials Say Billing Disputes are Among Their Greatest Challenges
October 20, 2021

As FinTechs, banks and corporates work to develop new financial solutions to address B2B pain points, banking-as-a-service (BaaS) has gained traction, as it allows banking and financial services to be deployed rapidly. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
Vroom Rolls Out ‘Last-Mile’ Concierge Service in Houston
October 20, 2021

Online used car buying and selling platform Vroom, Inc. has opened a new Houston hub to allow the retailer to inspect, detail and place temporary tags on all vehicles being delivered or picked up in Texas, according to a Wednesday (Oct. 20) press release. Get...

B2B Payments
Flipkart, Rupifi Team on Embedded BNPL for MSMBs
October 20, 2021

Indian lending FinTech company Rupifi and Indian digital B2B marketplace Flipkart Wholesale on Wednesday (Oct. 20) announced they are teaming up on an embedded buy now, pay later (BNPL) initiative for the micro, small and medium-sized businesses (MSMBs) on Flipkart’s eCommerce platform. Get the Full...

Investments
Czech Document Processor Rossum Raises $100M 
October 20, 2021

The document processing platform Rossum has raised $100 million in a Series A funding round, and could be valued at between $500 million and $1 billion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
AmEx, Goldman Sachs Partner on Corporate Payment Solution
October 20, 2021

American Express is working with Goldman Sachs Transaction Banking (TxB) to provide a cloud-based payment solution for large corporate clients.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Social Commerce
Shopify to Help Spotify Artists Sell Their Merch
October 20, 2021

Shopify and Spotify have joined forces. The eCommerce platform announced on Wednesday (Oct. 20) that it had launched a new Spotify channel. This will allow artists using the music streaming platform to engage with listeners and to market products that “expand beyond traditional merch,” Shopify...

Payments Innovation
Account Opening At The Speed Of Customer Expectations
October 20, 2021

What will payments look like in 2022 and beyond? In “The Way Payments Are Now Done,” Jess Turner, EVP, New Digital Infrastructure and Fintech, Mastercard, joins 32 other payment executives to discuss what payments’ “new normal” looks like. Turner explores how the pandemic has made...