News

B2B Payments
Report: US Institutions Back Loans For Women, SMBs In India
August 22, 2021

The U.S. Agency for International Development and U.S. International Development Finance Corp. are jointly offering $50 million in guarantees to a portfolio of loans India’s Kotak Mahindra Bank will offer women and owners of small businesses domestically, the agencies announced in a press release. Get...

B2B Payments
UK Business Travel Group Sees $5.6B GDP Loss In One Week
August 22, 2021

An index produced by the United Kingdom’s Business Travel Association and travel data firm Travelogix puts the hit to the U.K.’s GDP from pandemic-driven travel cutbacks at $5.6 billion for the second week of August compared with the same week in 2019. Get the Full...

B2B Payments
Transporta Launches Transport Management System For Indonesia’s Truckers
August 22, 2021

Indonesian tech startup Transporta is rolling out its new free transport management system (TMS) to help small business truckers, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
B2B Platform Alerzo Raises $10.5M In Series A Round
August 22, 2021

B2B tech and services platform Alerzo, based in Nigeria and Singapore, has announced it raised $10.5 million in a Series A funding round, Nairametrics reported. The company’s total funding is now over $20 million. Get the Full Story Complete the form to unlock this article...

IPO
Coffee QSR Dutch Bros Enlists JPMorgan, BoA, Barclays And Others As Managers For Proposed IPO
August 22, 2021

Coffee shop Dutch Bros has announced it has filed for a registration statement for an initial public offering (IPO), a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bitcoin
Bitcoin Daily: NFT Marketplace OpenSea’s Trading Volume Up 286 Pct From July, Crests $1.23B This...
August 22, 2021

OpenSea, a nonfungible token (NFT) marketplace, has gone past $1 billion in monthly transactions, The Block reported. 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 our daily...

Partnerships / Acquisitions
Paysafe Acquires Germany’s viafintech, Boosts Its Alternative Banking, Payment Solutions
August 22, 2021

Specialized payments platform Paysafe will be acquiring Germany-based viafintech, which offers the biggest bank-independent payments structure in the DACH region (Austria, Germany and Swizerland), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
From Throwback Movies To Reviving Aging Brands, Nostalgia Is Having A Moment Right Now
August 21, 2021

Like a runner rounding third base, Major League Baseball (MLB) is going hard on nostalgia. Its “Field of Dreams” throwback game was held earlier this month, with real-life players in old-school uniforms emerging from rows of towering Iowa corn to “play ball” just the way...

Retail
Madison Avenue Left Out Of NYC Shopping Revival
August 20, 2021

While shoppers are returning to New York’s brick-and-mortar retailers looking to upgrade their fashion, one swanky Manhattan shopping district seems to have been forgotten. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...