Application programming interface (API)-first payroll infrastructure provider Zeal has ended a Series A funding round with $13 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Snapsheet, which works with cloud-native claims management, announced that its services will be used by NYCM Insurance, which offers coverage to residents and businesses in New York state, according to a press release. Get the Full Story Complete the form to unlock this article and...
When office spaces closed and staff began working from home in response to the COVID-19 pandemic, employees still needed to send and receive payments on behalf of their companies. As a result, companies had to support daily expenditures for their remote workforces as well as...
In today’s top retail news, Peloton has been subpoenaed by the federal government over its handling of dozens of reported injuries caused by treadmills, and PYMNTS data show that Amazon has held onto its front-runner status over Walmart for the third quarter in a row,...
Paper checks remain a staple in the B2B payments space, but their inherent limitations are leading some buyers and sellers to seek better alternatives. As a result, the number of buyers paying suppliers with paper checks has dropped 7 percent during the pandemic, PYMNTS reports....
The point-of-sale (POS) restaurant technology (ResTech) payments platform Toast is filing for an estimated $100 million initial public offering (IPO) at a rough valuation of $20 billion, Bloomberg and other news outlets reported on Friday (Aug. 27). Get the Full Story Complete the form to...
Even with the delivery boom that began in 2020, major food delivery services continue to operate at a loss. DoorDash recently reported its fourth consecutive quarter of losses, and Uber Eats and Grubhub also continue to incur losses. With grocery-first services such as Instacart, changing...
Special sales events — especially for limited edition products, for exclusive offerings — have the power to lure consumers from all walks of life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Platforms – the online kind – were among the notable filings through this past week for firms seeking to go public. To that end, the shopping segment of the IPO/SPAC Tracker for planned listings year to date stands at 15. Banking, a segment that has...
