News

Retail
ACI: Today’s Consumers Expect Grocers To Bring The Brand To Them
July 28, 2021

With the digital shift revolutionizing the grocery industry, brick-and-mortar is no longer the distinct channel it was in the early days of eGrocery. With online grocery advancing rapidly, expanding across the globe and raising funds by the billions, traditional grocery stores risk falling behind if...

Investments
South African SMB Payments Platform Yoco Nets $83M For Expansion
July 27, 2021

South African payments company Yoco has raised $83 million in a Series C funding round, according to a company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
MX, Dwolla Team To Automate Bank Account Verification
July 27, 2021

MX, a financial data platform, has partnered with Dwolla, which is a software platform working with funds transfers, to help customers more easily connect to depository accounts, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Walmart Puts Up $1B+ Toward Employee Education
July 27, 2021

Retail behemoth Walmart is earmarking more than $1 billion across the next five years to help its employees in the U.S. further their education in a move to cover tuition and books, per a Walmart press release on Tuesday (July 27). Get the Full Story Complete...

Investments
UK’s EV Subscription Service Onto Raises $175M To Fuel Growth
July 27, 2021

Electric vehicle (EV) subscription service Onto has raised $175 million in an equity and debt Series B funding round that will be used expand its offering across the U.K. — with eyes on growing the company into other areas in the future, according to a...

B2B Payments
Trade X Will Expand B2B Automotive Trading Platform Globally
July 27, 2021

Global B2B automotive trading platform Trade X Group of Companies Inc., will increase its worldwide expansion through acquisition and growth in North America, Europe, Asia, Africa and the Middle East, thanks to a $35 million equity investment in the company by Aimia Inc., per a...

Investments
At-Bay Closes $185M Series D Round For Cyber Risk Insurance
July 27, 2021

Insurance company At-Bay, which specializes in digital risk, has closed a $185 million Series D financing round, the firm announced in a Tuesday (July 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Mambu Digital Solution Targets SMB Lenders
July 27, 2021

Cloud banking platform Mambu now has a fully digital solution for small and medium-sized lenders that includes scalable loan management tools and access to web-based identity authentication, credit checks and loan origination, per a Tuesday (July 27) post on their website. Get the Full Story...

Social Commerce
Pinterest Lures Influencers With Shoppable Pins
July 27, 2021

Online sharing site Pinterest is moving to make inroads into the social commerce movement and extending tools to help creators monetize their pins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...