News

IPO
UK’s Auto Data Startup Wejo Eyes SPAC Deal
May 23, 2021

Automotive data startup Wejo, which is backed by General Motors (GM), could be going public soon through Virtuoso Acquisition Corp., a special purpose acquisition company (SPAC), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
PayPal, raiSE Team To Help SMBs With Digital Transformation
May 23, 2021

PayPal is partnering with the Singapore Centre for Social Enterprises (raiSE) to help small- to medium-sized businesses (SMBs) and social organizations transition to digital operations, The Business Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Pine Labs Raises $285 Million To Expand Merchant Payment Products
May 23, 2021

Pine Labs, an Asia-based merchant commerce platform, has completed a funding round and come away with $285 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Toddler Tech: Get Ready For The “Kid-first” Digital Summer
May 22, 2021

Digital commerce for kids is not a new idea – a fact that any parent can attest to after paying off a four-digit credit card bill generated nearly entirely by their offspring’s affinity for in-app purchases. Children in recent years have proven to be some...

News
Today In Payments: Amazon Moving Prime Now Ordering To Main App; JPMorgan Launches Morgan Health
May 21, 2021

In today’s top news, Amazon is bringing its Prime Now ordering service to its main Amazon app, and JPMorgan Chase is launching its own healthcare firm. Plus, Square’s kitchen display system is now available to restaurants as a stand-alone product. Get the Full Story Complete...

International
Today In Payments Around The World: Nayax Lands $142 Million In IPO; Square Rolls Out...
May 21, 2021

In today’s top payments news around the world, Nayax has raised approximately $142 million in an initial public offering (IPO), while Square has launched in Ireland. Plus, Japanese startup Secai Marche has hooked roughly $1.5 million in venture funding from Rakuten Capital and Beyond Next...

Retail
Roblox Virtual Gucci Purses Sell For Thousands
May 21, 2021

There was a time when playing a video game meant that your character looked the way the game’s creator wanted it to look. As Polygon reported on Friday (May 21), that can mean buying a virtual Gucci bag for as much as you would for...

Regulation
Upcoming SPAC Hearing Signals Increased Scrutiny
May 21, 2021

The House Financial Services Committee will hold a hearing on special purpose acquisition companies (SPACs) on Monday (May 24), another sign of the growing government interest in scrutinizing SPACs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Instacart Delivery Now Offered At 6,000 7-Eleven Stores
May 21, 2021

Instacart announced on Friday (May 21) that it has expanded its collaboration with 7-Eleven to nearly 4,000 new stores around the country. This expansion means the online grocery platform now delivers from almost 6,000 7-Eleven locations around the nation, reaching almost 60 million households. Get...