News

Retail
Today In Retail: Target To Add More Disney Shops To Stores; Francesca’s CEO Says Traditional...
August 23, 2021

In today’s top retail news, Target is expanding its partnership with Disney to add more than 160 new shop-in-shops across the U.S., and Francesca’s CEO Andrew Clarke tells PYMNTS “there is no playbook” for retailers post-pandemic. Also, Chinese eCommerce giant JD.com is seeing a jump...

B2B Payments
B2B Digital Marketplace Zetwerk Nets $150M In Funding
August 23, 2021

India-based Zetwerk finished its second large funding round for 2021, netting $150 million from its recent Series E round, according to a report from The Economic Times. D1 Capital Partners led the funding round, with participation from current investors, Greenoaks Capital, Lightspeed Venture Partners, Sequoia...

B2B Payments
SMB Financial Planning Tool Pry Lands $4.2M
August 23, 2021

Financial management platform Pry Financial announced Monday (Aug. 23) it raised $4.2 million in a seed round. The company will use the money to improve collaboration on the platform, which launched last year, according to a company blog post. Get the Full Story Complete the...

Regulation
Big Tech Compliance Tracker: China Regs Protect User Privacy; Amazon Warns About Congressional Antitrust Push
August 23, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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 daily newsletter,...

Partnerships / Acquisitions
Paytm, HDFC Bank Partner To Provide Consumer, Merchant Solutions
August 23, 2021

FinTech platform Paytm and private Indian bank HDFC Bank announced a strategic partnership Monday (Aug. 23) on financial solutions for India customers and merchants in a move to “accelerate digital transformation in semi-urban and rural India,” Mint reported. Get the Full Story Complete the form...

International
Today in Payments Around the World: Accelerating Egyptian AI and Cybersecurity Startups, Paysafe Acquires German...
August 23, 2021

Today in payments around the world, Paysafe has acquired viafintech in Germany. Plus, Arab Bank launches AB Accelerators in Egypt and HSBC introduces mobile payments and collection services in Qatar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
WherEx Notches $7M Series A Funding To Grow Across US, LatAm
August 23, 2021

The e-sourcing tool wherEX closed a $7 million Series A funding round to grow its business across the U.S. and Latin America, according to a press release on Monday (Aug. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Poly Network Hacker Returns $610M In Stolen Crypto
August 23, 2021

Days after the cryptocurrency platform Poly Network issued a $500,000 reward for the return of $610 million in stolen funds, the purported hacker returned the remaining funds, according to a Monday (Aug. 23) announcement from the company. Get the Full Story Complete the form to...

Social Commerce
YouTube Has Paid $30B+ To Creators In Last 3 Years
August 23, 2021

YouTube said on Monday (Aug. 23) it has paid more than $30 billion to more than 2 million video producers on the platform in the past three years through ads, merchandising and other service features. Get the Full Story Complete the form to unlock this...