News

Retail
Instant Coffee Brands Brew Rapid Gen-Z Growth
August 06, 2021

As consumers come to expect on-demand convenience without sacrificing quality, many food and beverage brands and retailers have been developing a following by promising the best taste for the least amount of prep or wait time. Grocers have been driving sales with prepared meals, delivery...

B2B Payments
B2B Payments Today: SMB Cards Rise In Canada; GoCardless Collabs With Fiskl
August 06, 2021

Today in B2B payments, CAARY discusses the corporate card’s rise in Canada, and Fiskl collaborates with GoCardless on small business cross-border payments. Plus, Automated Business Designs discusses payroll cards in a tough jobs market, WEX launches a new corporate card and Praetura opens its small...

Partnerships / Acquisitions
WeCommerce Snaps Up Mobile-First Shopify Tool Archetype Themes
August 06, 2021

WeCommerce closed a deal to acquire mobile-first Shopify tool Archetype Themes for $20 million upfront and a contingent consideration of up to $12 million, according to a Friday (Aug. 6) press release. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Mexican SMB FinTech Credijusto Could Be Listed On NYSE This Year
August 06, 2021

Tidjane Thiam’s special-purpose acquisition company (SPAC) is in exclusive talks with Mexican FinTech Credijusto and CIAL Dun & Bradstreet about merging the companies and listing them on the New York Stock Exchange later this year. Get the Full Story Complete the form to unlock this...

Security & Fraud
SEC Brings Charges In First Case Using DeFi Tech; Alleged $30M Scheme
August 06, 2021

The Securities and Exchange Commission (SEC) charged a Florida duo operating a Cayman Islands company with more than $30 million in unregistered securities sales and misleading investors, according to a Friday (Aug. 6) press release. Get the Full Story Complete the form to unlock this...

Retail
Beyoncé, Adidas To Introduce Black Cowboy Fashion Line
August 06, 2021

Beyoncé and Adidas are joining the Black Cowboy revival. The superstar and the athletics and fashion giant are preparing to release Ivy Park Rodeo, the fourth Ivy Park offering, Adidas announced on Friday (Aug. 6). Get the Full Story Complete the form to unlock this...

Investments
AirAsia’s BigPay Closes $100M Funding To Advance Challenger Bank Status
August 06, 2021

Malaysian FinTech BigPay, a division of AirAsia, wrapped up a $100 million funding round led by South Korean conglomerate SK Group, according to a press release on Friday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Partnerships / Acquisitions
Moody’s To Buy RMS For Climate, Natural Disaster Risk Modeling
August 06, 2021

Moody’s Corp. is buying Risk Management Solutions Inc. (RMS), a California company that specializes in predicting what Mother Nature will dish out, for about $2 billion, the companies jointly announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Ridesharing
Report: China’s Didi May Let Government-Owned Firm Manage Data
August 06, 2021

Didi Global Inc., a Chinese provider of ride-hailing services, is in negotiations that could give control of its data to a firm owned by the country’s government, Reuters reported on Friday (Aug. 6), citing unnamed sources. Get the Full Story Complete the form to unlock...