News

IPO
Traditional IPOs, Including B2B Services Firms, Dominate Market Activity
September 24, 2021

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B2B Payments
B2B Payments Today: B2B Automation Now CFOs’ Top Priority; EngageSmart Seeks ‘Nirvana’ 
September 24, 2021

Today in B2B payments, Carahsoft and Coupa team up on public sector spend management, and EngageSmart jumps 40% in trading debut. Plus, Ramp and Rippling partner on employees spending and corporate card use and distribution, and B2B automation is at the top of CFOs’ priority...

News
The Week in Payments: PayPal’s Super-App Debut, Voice as Third-Generation ‘Operating System,’ and Affirm’s Alt-Credit...
September 24, 2021

It’s been a decidedly connected week in payments, with PayPal debuting its hotly anticipated super app, Alexa taking to the open road via the OnStar Guardian skill starting with General Motors (GM) vehicles, and buy now, pay later (BNPL) brand Affirm launching its Adaptive Checkout...

Investments
Payments Firm Oy! Indonesia Lands $30M Series A
September 24, 2021

The payments aggregator Oy! Indonesia has concluded a $30 million Series A funding round led by Japan’s SoftBank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Delivery
ShopRite Pilots Fast Delivery With Tortoise Robots
September 24, 2021

Wakefern’s ShopRite supermarkets are piloting fast delivery of grocery items with Tortoise robotic carts, according to reports on Friday (Sept. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Hy-Vee Joins Grocers Optimizing Labor with Automated Inventory Management
September 24, 2021

Shoppers at Hy-Vee will have to get used to sharing the aisle with robots. The Iowa-based supermarket chain, which operates over 240 stores throughout the Midwest, announced Thursday (Sept. 23) that it is deploying Simbe Robotics’ Tally inventory management robots at locations in Iowa, Nebraska...

IPO
South Korea’s Kakao Pay Delays $1.3B IPO Over Regulatory Concerns
September 24, 2021

Growing concerns over regulatory issues prompted South Korea’s Kakao Pay to delay its planned $1.3 billion initial public offering (IPO), according to multiple reports on Friday (Sept. 24). The IPO was scheduled for Sept. 29. Get the Full Story Complete the form to unlock this...

Retail
NPD: US Apparel Market up 10% Compared to 2019
September 24, 2021

The U.S. apparel industry has generated $13.3 million more in revenue — representing a 10% boost — in the first eight months of this year than it did in 2019, according to The NPD Group consumer tracking service. Get the Full Story Complete the form...

Retail
Retailers Lean on Employees to Do More Amid Labor Shortage
September 24, 2021

Amid a national hiring crunch that’s hitting nearly every industry, retailers have been pulling out all the stops to attract workers, but some are also coming to terms with the fact that it’s time to make do with what they’ve got. Get the Full Story...