News

Retail
Today in Restaurant and Grocery Tech: Burger King Rolls Out Loyalty; VCs Back Cashierless Checkout
September 02, 2021

Today in restaurant and grocery tech news, Burger King launches its loyalty rewards nationwide, and Russian eGrocery veterans start a 15-minute grocery delivery service in New York City. Plus, Bhavuk Kaul, CEO of AP automation solution Plate IQ, makes the case that digitizing payments is...

B2B Payments
Cellulant, Gainde 2000 Team on Digital Payments for Businesses, Governments
September 02, 2021

African FinTech Cellulant is partnering with Senegal-based Gainde 2000 on a five-year plan to “offer an end-to-end Pan-African technology infrastructure and payments solution for trade, revenue and tax collection for governments and multinational companies,” the companies announced on Thursday (Sept. 2). Get the Full Story...

Retail
Grocery Roundup: E-Grocery Innovations Meet Demand for Frictionless Convenience
September 02, 2021

New York is getting spoiled for ultra-fast grocery delivery options. A new 15-minute delivery service arrived in Manhattan last week, following the New York launches earlier this year of another 15-minute delivery option, Fridge No More, and of the 10-minute option Gorillas. Get the Full...

Partnerships / Acquisitions
Wearables Startup Whoop Acquires Sports Tech Firm Push 
September 02, 2021

Three days after reaching a valuation of $3.6 billion, the wearables firm Whoop announced it had acquired Push, a Toronto-based sports technology startup.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
B2B Payments Today: Plate IQ Saves Restaurants Time and Money; WFH Means SMBs Must Control...
September 02, 2021

Today in B2B payments, Centerbase buys Family Law Software and Plate IQ uses automation to help restaurants streamline their back-of-house operations. Plus, FourKites unveils new time to value tools, Funding Circle unveils FlexiPay BNPL option and WFH trend puts pressure on SMBs to control spending....

Investments
Point Card Wraps $46.5M Series B Funding Round
September 02, 2021

Point Card, the premium debit card geared toward millennials and Gen Z consumers, announced on Thursday (Sept. 2) that it has wrapped a $46.5 million Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
PropTech FinTech HomeLight Nets $363M, Ups Valuation To $1.6B
September 02, 2021

Real estate technology platform HomeLight on Thursday (Sept. 2) announced a new $363 million round of funding. Led by Zeev Ventures — with participation from Group 11, Stereo Capital, Menlo Ventures and Lydia Jett of the SoftBank Vision Fund — the round includes $100 million...

Regulation
Ireland’s Data Watchdog Fines Facebook’s WhatsApp $267M
September 02, 2021

Facebook’s WhatsApp was slapped with a record $267 million (€225 million) fine by Ireland’s Data Protection Commission (DPC) for violating the European Union’s (EU) data privacy regulations, CNBC and other news outlets reported on Thursday (Sept. 2). Get the Full Story Complete the form to...

B2B Payments
Funding Circle Debuts BNPL FlexiPay Option
September 02, 2021

Small business loan platform Funding Circle announced the debut of its first payments facility, FlexiPay, in a Thursday (Sept. 2) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...