News

IPO
Freshworks Aims to Go Public With $9B Valuation
September 13, 2021

The software-as-a-service (SaaS) firm Freshworks Inc. hopes to hit a nearly $9 billion valuation in its initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
MoneyLion Intros Crypto Trading with $1M Prize Before IPO  
September 13, 2021

FinTech MoneyLion, set to go public Sept. 22, introduced cryptocurrency buying and selling for Bitcoin and Ethereum from within the company’s app on Monday (Sept. 13) and will continue rolling out the feature over the coming weeks, until the feature becomes available to all customers...

Ridesharing
Dutch Court Rules Uber Drivers Are Employees, Fines Co 50,000 Euros
September 13, 2021

A Dutch court determined that Uber drivers should be deemed employees and thus covered by local labor laws, Reuters reported on Monday (Sept. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
MonetaGo Combats Financing Fraud With New Global Offering
September 13, 2021

Singapore-based financial technology solutions provider MonetaGo on Monday (Sept. 13) announced a new platform that will fight global financing fraud in trade finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Amazon Dominates Sporting Goods, as Dick’s Elbows Walmart in Battle For 2nd Place
September 13, 2021

Walmart’s continued struggle in the sale of sporting goods and hobby merchandise shows there’s more to success with these items than a robust omnichannel strategy, though Amazon’s strong lead in a category that also includes music and books is perhaps unsurprising to many. Get the...

Retail
Rebag CEO Eyes $50B of Luxury Inventory That Is ‘Sitting in Closets’
September 13, 2021

Though the luxury secondhand market is currently growing four times faster than the luxury market, Charles Gorra, founder and CEO of Rebag, says there’s still more to do to improve accessibility for both buyers and sellers. Get the Full Story Complete the form to unlock...

Retail
MySizeID Joins Wix eCommerce Platform
September 13, 2021

MySize Inc., the Israeli developer and creator of virtual try-on solutions, on Monday (Sept. 13) made MySizeID available in Wix eCommerce stores, accessible through the MySize API, per a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Amazon Explore Expands to Offer Group Experiences
September 13, 2021

Amazon Explore customers can now book small live group experiences for up to seven people in an expansion of the initiative launched last year amid the global pandemic that features hundreds of one-on-one experiences from around the world. Get the Full Story Complete the form...

Retail
Mastercard Predicts 7.4% Retail Growth During Holiday Shopping Season
September 13, 2021

Mastercard has some early cheer for retailers eyeing the 2021 holiday shopping season, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...