News

Payment Methods
DivideBuy And Cloud Nine Hair Team To Offer Customers Interest-Free Credit
August 25, 2021

Customers of Cloud Nine Hair will now have access to interest-free credit, following a strategic partnership between the hair product retailer and U.K. LendTech provider DivideBuy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Delivery
Alphabet’s Drone Unit, Wing, Nears 100K Deliveries
August 25, 2021

Alphabet’s drone subsidiary Wing is closing in on 100,000 customer delivery flights after launching in Logan, Australia, almost two years ago, in addition to thousands of test flights, the company said in a blog post on Wednesday (Aug. 25). Get the Full Story Complete the...

Social Commerce
Facebook Rolls Out Birthday Gifting Via Facebook Pay  
August 25, 2021

Facebook is launching a new birthday gifting option using Facebook Pay. Messenger users in the U.S. can send and receive cash gifts directly through the chat platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Ramp Closes $300M Series C At $3.9B Valuation
August 25, 2021

New York-based corporate card startup Ramp closed a $300 million Series C funding round led by Founders Fund, with participation from Redpoint, Thrive Capital, D1 Capital Partners, Coatue, Spark Capital, Stripe, Box Group, Conversion Capital and Lux Capital. Get the Full Story Complete the form...

Social Commerce
OnlyFans Changes Course, Won’t Ban Explicit Content
August 25, 2021

OnlyFans, a subscription-fueled platform known for hosting pornographic content, has apparently changed its mind about a planned ban of sexually explicit material. The company had announced the ban last week, but said on Twitter on Wednesday morning (Aug. 25) that it had reversed its decision....

Payment Methods
Adyen, Shiji Join Forces To Simplify Hospitality Payments
August 25, 2021

Dutch payments processing company Adyen on Wednesday (Aug. 25) announced its collaboration with Shiji Group to offer a streamlined payment process for the hospitality industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Express On Track To Reach $1B In eCommerce By 2024
August 25, 2021

Fashion apparel retailer Express, Inc. is on track to reach its eCommerce goal of $1 billion by 2024 after 28 percent growth in the second quarter compared to one year ago, and a 20 percent boost compared to the same period in fiscal 2019, company...

Retail
‘Boring’ Home Fragrance Market In Need Of Innovation
August 25, 2021

For months, home fragrance products were near impossible for retailers to keep in stock as consumers sought ways to keep their homes fresh amid COVID-19 lockdowns. Home fragrance sales, which include candles, diffusers and other scented items, jumped 13 percent in 2020 even as other...

Retail
Circle K Parent Expands As Threats To C-Stores Grow
August 25, 2021

Global convenience store giant Couche-Tard is growing its physical footprint in the U.S., even as short- and long-term factors cast a shadow on its future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...