Getir, the Turkish grocery delivery app, has now topped $1.1 billion in fundraising with new capital from one of its existing investors, according to a Bloomberg report on Monday (Sept. 13) that cited people with knowledge of the matter. The unnamed investor will reportedly increase...
In today’s top retail news, Mastercard is predicting retail sales during the holiday shopping season will increase by over 7% year over year, while Amazon remains the leader when it comes to sporting goods, hobby, music and book sales. Also, retail and restaurant management software...
The world’s biggest concert promoter Live Nation is acquiring a 51% interest in the Latin American live entertainment organizer OCESA, owner of Ticketmaster Mexico, for $444 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
While grocery stores around the world are rapidly getting a digital upgrade alongside the industry’s omnichannel shift, innovation looks very different in the back office. Payments are becoming digitized more slowly, and automated solutions for labor-intensive processes are just beginning to emerge, enabling businesses across...
Today in B2B payments, MonetaGo is fighting financing fraud and Visma could go public in 2023. Plus, the Chinese government forces Ant to reconfigure its loan business, Papaya Global lands $250 million for cross-border payments and Billogram grabs $45 million to expand its digital invoicing...
Boston-based point-of-sale firm Toast Inc., which focuses on restaurant technology, is contemplating a U.S. initial public offering (IPO) of up to $717 million, driving its value to $16.5 billion, according to a Monday (Sept. 13) Bloomberg report. The 10-year-old company intends to sell 21.7 million...
MELI Kaszek Pioneer Corp is going public as part of a plan to buy a Latin American tech company, according to a company statement, a Bloomberg report on Monday (Sept. 13) said. Get the Full Story Complete the form to unlock this article and enjoy...
Retail and restaurant point-of-sale (POS) system provider SpotOn has raised $300 million in Series E funding, which will be used to acquire digital and mobile commerce platform Appetize while raising its own valuation to $3.15 billion. Get the Full Story Complete the form to unlock...
Sellers on Square can now accept payments through Cash App Pay, a new contactless payment method for online and offline transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
