News

Investments
Bolt Seeks $300M+ In Next Fundraising Round
July 09, 2021

Bolt Financial Inc., hopes to raise at least $300 million in fresh capital in its next fund-raising round, sources told Bloomberg. 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...

International
Uber’s Didi Exposure Signals Bumps Ahead
July 09, 2021

In investing, in valuation, on Wall Street in general, assets can become liabilities (and vice versa) in a moment. 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...

Regulation
UK Travel Restrictions Lead To Lawsuits
July 09, 2021

British airports and airlines, frustrated with COVID-19 pandemic travel restrictions, took the U.K. government to court, per an AP News article on Friday (July 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Today In Payments Around The World: MobiKwik Might Be Near Filing For IPO; SoftBank Could...
July 09, 2021

In today’s top payments news around the world, One MobiKwik Systems Pvt is said to be getting close to an initial public offering (IPO) in Mumbai, India, while SoftBank Group is reportedly in talks to back API Holdings. Plus, the OECD says the post-pandemic recovery has...

Retail
Today In Retail: Warby Parker Plans Brick-And-Mortar Expansion; PriceSmart On Pace To Open More Warehouse...
July 09, 2021

In today’s top retail news, Warby Parker is looking to grow its brick-and-mortar retail footprint, while PriceSmart reported rising revenues amid plans to open new warehouse club locations. Plus, Levi Strauss reported better-than-expected sales and profit in Q2. Get the Full Story Complete the form...

Delivery
Gorillas Aims To Bring eGrocery Into The Future With Lightning-Fast Delivery
July 09, 2021

There is a lot happening in online grocery right now. Instacart is making major moves in preparation for its public listing, restaurant delivery services are getting into grocery, and venture capitalists (VCs) are pouring billions into online grocery solutions around the world. With the huge...

IPO
Digital Wallet Startup MobiKwik Seeks $300M In IPO
July 09, 2021

One MobiKwik Systems Pvt is inching closer to an initial public offering in Mumbai, India, that could raise about $300 million, sources told Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
As Open-Air Shopping Rises, Malls Feel The Pinch
July 09, 2021

Is the American mall in crisis mode? 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, PYMNTS Today. By completing this form, you agree...

Fintech Investments
London & Partners Acting CEO: Payments ‘Clarity’ Aids In Record First-Half Haul For FinTechs
July 09, 2021

Is London’s FinTech scene bigger than the Beatles? That’s an unequivocal “no,” but the playful comparison can be forgiven in light of London’s rise as an epicenter of FinTech activity. The city is awash in venture capital (VC) seeking unicorns — but not the type...