News

Retail
Victoria’s Secret Plans Test Of New Store Format In Off-Mall Strip Center
July 19, 2021

Victoria’s Secret will be spinning out of parent company L Brands into a new public entity as of next month, CNBC writes, as the fashion company tries to move on from its usual place in traditional malls. Get the Full Story Complete the form to...

IPO
PropertyGuru To Go Public Via Blank Check Merger
July 19, 2021

PropertyGuru, the Singapore-based online real estate firm, will be going public via special purpose acquisition company (SPAC), a Bloomberg report said Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
InsurTech Kin Going Public At $1B Value Via SPAC Merger 
July 19, 2021

Insurance technology (InsurTech) company Kin is merging with the special purpose acquisition company (SPAC) Omnichannel Acquisition Corp. to go public on the NYSE under the ticker symbol “KI.” The combined entity will be called Kin Insurance and will be valued at an estimated $1.03 billion....

B2B Payments
Visa, Nium, Fuiou Team On Hong Kong, Greater China B2B Payments
July 19, 2021

Fuiou Pay (Fuiou) rolled out an international corporate payment offering through the help of Visa and Nium. The debut comes as Fuiou and Visa had previously begun working together on corporate payments in Greater China, according to a Monday (July 19) announcement. Get the Full...

Investments
Space Tech Sees Investment Boost With Billionaire Space Missions
July 19, 2021

Space tech companies, seeing a boost in capital from billionaires’ space adventures as of late, have raised a record-shattering $3.6 billion in the first six months of 2021, Bloomberg reported Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
MarketFinance Eases SMB Financing With New Features
July 19, 2021

United Kingdom-based MarketFinance, which serves small businesses with financing solutions, has recently rolled out an upgraded MarketFinance account, according to a blog post from the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
D2C eCommerce Platform GlobalBees Notches $150M Series A
July 19, 2021

India’s direct-to-consumer (D2C) investment platform GlobalBees raised $150 million in a Series A funding round led by FirstCry, with additional participation by Lightspeed Venture Partners, the Economic Times reported on Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Today In Food: Uber Eats Expands Grocery Delivery; Panera Caters To Remote Workers
July 19, 2021

Today in restaurant and grocery news, Uber Eats announced that it is doubling its grocery delivery availability, while Panera Bread adapts its catering business to hybrid remote/office workers. Plus, Walmart is growing its private-label wine offerings. Get the Full Story Complete the form to unlock...

B2B Payments
Freelancer Banking Platform Lili Unveils Premium Service
July 19, 2021

Lili, the banking app designed for freelance workers, announced Monday (July 19) it has released a premium service called Lili Pro. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...