News

Investments
India’s Urban Company Raises $255 Million, Values Home Service Marketplace At $2.1 Billion
June 02, 2021

Technology-powered home services marketplace Urban Company has raised $255 million in a Series F funding round that values the company at $2.1 billion, according to a company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Rent The Runway Segues Into Resale Market
June 02, 2021

Rent The Runway (RTR) is jumping into the resale apparel market, one of the latest companies to segue into the quickly expanding secondhand clothing space, CNBC reported on Wednesday (June 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Financial Inclusion
PayPal Invests $135 Million To Help Advance Economic Equality
June 02, 2021

PayPal Holdings said it will deposit $135 million with “mission-driven” financial institutions (FIs) and managers that help members of minority groups “fight barriers to economic equity.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Delivery
Menufy Partners With Uber To Help Restaurants Meet Delivery Demands
June 02, 2021

Restaurant digital ordering platform Menufy is partnering with Uber as a solution to help its eatery customers keep up with the escalating demands for food delivery, according to a press release on Wednesday (June 2). Get the Full Story Complete the form to unlock this...

B2B Payments
Chaser Debuts Installment Plan Options For B2B Clients
June 02, 2021

Accounts receivable (AR) automation software company Chaser rolled out a payment plan functionality that lets users offer payment installment plans to their customers and automatically seek payments on these installments during periods they can set, according to a Wednesday (June 2) announcement. Get the Full...

Investments
Non-Alcoholic Craft Brewery Raises $50 Million As Demand for Alcohol-Free Beer Grows
June 02, 2021

The fast-growing non-alcoholic beverage segment continues to be a favorite with consumers and investors. The category surged during the height of the pandemic, driven by many consumers’ quarantine-spurred turn toward wellness-centric food and beverage offerings. Get the Full Story Complete the form to unlock this...

B2B Payments
Veem Expands Local SMB Payment Service To Canada
June 02, 2021

The online payment provider Veem announced Wednesday (June 2) it had expanded its no-fee domestic payment service to Canada. 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...

Mobile Commerce
Apple’s App Store Facilitated $643 Billion In Commerce In 2020
June 02, 2021

The App Store ecosystem enabled $643 billion in billings and sales last year, marking a 24 percent year-over-year rise, Apple said in a Wednesday (June 2) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Yooz Rolls Out New AP Software In Ireland
June 02, 2021

Yooz has launched its Yooz Rising automated accounts payable (AP) offering in Ireland, according to an announcement. 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...