News

Investments
B2C Text Messaging Company Gupshup Lands Further $240M
July 28, 2021

Business-to-consumer text messaging company Gupshup on Wednesday (July 28) announced it has raised a further $240 million in follow-on funding from various investors including Fidelity Management and Research Company LLC, Tiger Global, Think Investments, Malabar Investments and Harbor Spring Capital, as well as accounts managed...

Retail
Shopify And Its Merchants See Success With Shop Pay Installments Rollout
July 28, 2021

The use of Shopify’s Shop Pay Installments feature is seeing explosive growth just one month after it opened up to all U.S. merchants, with purchases made using the buy now, pay later (BNPL) product tripling in the second quarter versus just three months prior. Get...

Payments Innovation
Digital World: Unlimited Opportunities, Real-World Problems
July 28, 2021

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Scott Galit, CEO of...

Retail
Angi CEO Says Consumers Shifting To Cosmetic Home Projects As Pandemic Wanes
July 28, 2021

What began in 1995 as a list of home services contractors has transformed into a direct-to-consumer (D2C) marketplace connecting homeowners to handymen — but Angi is still working to simplify the customer experience as consumers continue the nesting trend began during the pandemic. Get the...

Retail
Walmart To Host Online Event To Promote New Makeup, Skincare Line
July 28, 2021

Walmart is celebrating the expansion of its relationship with UOMA by Sharon C. by hosting a live online show that highlights some of the collection’s makeup and skincare options, which the world’s largest retailer will feature in its stores and on its website. Get the...

Retail
Perch Continues European Expansion With M&A Head, Acquisition Plans
July 28, 2021

Tech-based marketing platform Perch has hired former Amazon exec Rahul Shewakramani as its head of M&A in Europe and committed 300 million euros (more than $416 million) to acquire third-party sellers across Europe, the company announced in a Wednesday (July 28) press release. Get the...

Retail
Barbie, Hot Wheels Boost Mattel Sales As Shoppers Return To Stores
July 28, 2021

Mattel is seeing strong growth in sales of both Barbie and Hot Wheels products as consumers return to in-person shopping, pushing the children’s entertainment company to a better-than-expected second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Digital Banking
Revolut’s Cash-Back Rewards Feed Hunger For London Dining
July 28, 2021

Challenger bank Revolut is partnering with more than 600 restaurants in London and is offering its card users up to 30 percent in cash-back rewards that get credited as soon as the bill is settled. Get the Full Story Complete the form to unlock this...

B2B Payments
Solving The Data Problem For Trade Finance Organizations
July 28, 2021

Data remains at the heart of some of the most critical processes of financing, trade finance included. 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...