News

Loyalty & Rewards
Cinnabon Launches Loyalty Program as Mobile Rewards Become Table Stakes for QSRs
September 20, 2021

Where once mobile rewards programs were the purview of only the most digitally forward-thinking restaurant chains, now it is noteworthy when a restaurant does not offer customers a way to win points for their loyalty. Cinnabon announced Monday (Sept. 20) that it is launching its...

Investments
India’s CARS24 Raises $450M at $1.84B Valuation
September 20, 2021

Indian pre-owned car marketplace CARS24 raised $450 million in a Series F funding round led by Softbank Vision Fund 2, DST Global, and Falcon Edge, giving the online platform an estimated valuation of $1.84 billion, almost double its previous value. Get the Full Story Complete...

Faster Payments
Online Banking Payments Firm Trustly Debuts Near-Instant Payments in US
September 20, 2021

Following a decade of success in Europe providing its Instant Payouts offering to bank accounts, Swedish FinTech company Trustly on Monday (Sept. 20) announced the expansion of its service in the U.S. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Shopify Aims to Make Social Media ‘Digital Main Street’
September 20, 2021

Shopify’s collaboration with TikTok to add shopping features to the video-sharing app, announced last month, came as no surprise to most industry watchers, tying one of the largest commerce platforms with one of the fastest-growing social media sites. Get the Full Story Complete the form...

Retail
D2C Brand Ready to Disrupt $12B Work Boot, Apparel Market
September 20, 2021

When the global pandemic started in March 2020, nearly every part of the economy shut down, leaving thousands unemployed and most brands scrambling to figure out what would come next. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Crocs’ Path to $5B in Sales Paved by Digital Growth, Asia Expansion
September 20, 2021

Several years ago, Crocs were the pariah of the footwear world. Even company executives admit it — during an investor presentation last week, Chief Marketing Officer Heidi Cooley said the brand is still working against its perception as “one of the most polarizing shoes in...

IPO
Singapore’s Digital Classifieds Marketplace Carousell Mulls IPO
September 20, 2021

Online classifieds marketplace Carousell, Southeast Asia’s latest unicorn, is eyeing expansion and considering an initial public offering (IPO) as one avenue to explore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
The Bay and Rebelstork Pair up on Baby Gear Resale
September 20, 2021

Canada retailer The Bay is partnering with Rebelstork, an overstock, open box and used baby clothing company, to enter the resale market and give parents a new way to buy and sell baby gear. Get the Full Story Complete the form to unlock this article...

Retail
CarLotz Opens Georgia Consignment-to-Retail Hub
September 20, 2021

Consignment-to-retail used vehicle marketplace CarLotz has opened a new location in the greater Atlanta area, giving the company locations in 11 states across the nation and strengthening its footprint in the southeastern U.S. Get the Full Story Complete the form to unlock this article and...