News

Investments
Ocrolus Value Exceeds $500M After Netting $80M in Series C Round
September 23, 2021

Ocrolus has raised $80 million in a Series C funding round that values the document automation platform at more than $500 million, according to a Thursday (Sept. 23) press release.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Open Banking Firm Vyne Completes $15.5M Seed Round
September 23, 2021

Open banking firm Vyne on Thursday (Sept. 23) completed what’s being called the largest seed funding valuation for any U.K.-based platform of its kind at $15.5 million, according to a Crowdfund Insider report.  Get the Full Story Complete the form to unlock this article and...

B2B Payments
Report: 80% of B2B Transactions Expected to be Digital by 2025
September 23, 2021

As more businesses are making and receiving digital payments themselves, a growing number are also requiring their business partners to do the same. 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...

Digital Banking
MODO, Spreedly Join Forces to Bolster Digital Banking in Argentina
September 23, 2021

In an effort to help consumers in Argentina connect all of their bank accounts and cards in one location, payments integration platform Spreedly will support digital wallet firm MODO’s more than 35 bank partners across Argentina, the companies announced in a recent press release. Get...

Partnerships / Acquisitions
Circle Partners With Plaid to Drive Bank Verifications for ACH Payments
September 23, 2021

Global FinTech startup and stablecoin issuer Circle is partnering with financial data aggregator Plaid to ease and speed the verification process for ACH payments and make is easier for people to move money from their bank and into USDC. Get the Full Story Complete the...

Retail
Walmart+ Marks 1st Anniversary with Slow Subscriber Growth, Unfazed Executives
September 23, 2021

Walmart+, seen by most as Walmart’s answer to Amazon Prime, is celebrating its first birthday this month, but the subscription service doesn’t have a lot of growth to show as it struggles to differentiate itself from other offerings. Get the Full Story Complete the form...

Retail
Rite Aid Touts Importance of Pharmacists in Business Growth
September 23, 2021

Rite Aid is pointing to pharmaceuticals and its pharmacists as the key to growing and transforming its business, though bigger competitors whose strategies are more developed may put some speed bumps along that road. Get the Full Story Complete the form to unlock this article...

Retail
Honest Co.’s Soft Sales Causing Trouble on Multiple Fronts
September 23, 2021

Less than six months after making its public debut, the natural diaper, skin care and household cleaning product brand The Honest Co. is facing two quarters in a row of softening sales, creating more challenges as the company tries to grow in a competitive marketplace....

Retail
The Bay, Pinterest Collaborate on Bilingual Digital Lookbook
September 23, 2021

Canadian retailer The Bay and social media platform Pinterest on Thursday (Sept. 23) announced a new partnership to create bilingual digital lookbooks using “pinnable” products that highlight seasonal trends. The pins will bring shoppers to thebay.com to buy the items, according to the joint announcement....