News

Ridesharing
Lyft Adds 3.6 Million Active Riders In Q2
August 03, 2021

The ranks of Lyft’s Active Riders increased by over 3.6 million from the prior quarter — demand for the ridesharing platform continued to rise even as reported COVID case counts were on the uptick. Get the Full Story Complete the form to unlock this article...

Investments
Boston’s Embark Veterinary Gets $75M To Scale Its Dog Genetics Offering
August 03, 2021

Dogs genetics company Embark Veterinary has announced $75 million in Series B funding, a press release says, which represents the largest amount of funding a pet startup has garnered so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Today In Food: Consumers Order More Takeout, Fewer Meal Kits
August 03, 2021

Today in restaurant and grocery news, PYMNTS data finds that off-premise channels make up the bulk of quick-service restaurants’ business, while Blue Apron is losing ground with its customer base. Plus, Athletic Brewing’s CEO discusses the rise of nonalcoholic beer. Get the Full Story Complete...

Retail
Chairish CEO Says European Acquisition Provides ‘Next Big Step’ For International Expansion
August 03, 2021

Following a year that has seen accelerated expansion of digital home furnishings sales, Chairish CEO Gregg Brockway said he’s proud of how much the company has grown during a difficult time. The marketplace now has 580,000 items listed from 10,000 sellers, reaching 4.5 million shoppers...

B2B Payments
B2B Payments Today: Julaya Eyes Mobile B2B Payments; Yaydoo Raises Funding For B2B Payments Tech
August 03, 2021

Today in B2B payments, Julaya discusses mobile B2B payments in West Africa, and Yaydoo closes funding for its B2B payments technology. Plus, Zetl explores embedded corporate finance, Triterras seeks to regain Nasdaq compliance and Facevalue debuts an alternative to traditional factoring. Get the Full Story...

B2B Payments
Salt Edge To Help Odoo On Payment Reconciliation
August 03, 2021

Odoo, which works in CRM and ERP, has selected financial application programming interface (API) platform Salt Edge to help it boost invoices and payments reconciliation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Lloyds Bank Teams With Visa To Offer Straight-Through Processing For Commercial Clients
August 03, 2021

Lloyds Bank said Tuesday it would team with Visa to equip clients in Europe using its corporate charge cards with straight-through processing (STP) technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Athletic Brewing CEO: 20 Pct Of Beer Market Will Be Non-Alcoholic By 2026
August 03, 2021

Among the myriad health and wellness trends that have grown more popular since the start of the pandemic, one of the arguably more surprising categories to take hold is non-alcoholic beverages that resemble their alcoholic counterpoints. In addition to the rise in spirits-free “mocktail” sales,...

Retail
Today In Retail: Simon CEO Says Malls Mistreated During COVID; BigCommerce Names Preferred BNPL Provider
August 03, 2021

In today’s top retail news, Simon Property Group CEO David Simon says the mall is a safe place to be despite a rise in COVID-19 cases across the U.S., while BigCommerce and Sezzle are making buy now, pay later (BNPL) news — albeit on a...