News

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...

Social Commerce
Twitter Teams With Stripe On ‘Ticketed Spaces’ Payments
May 21, 2021

Twitter is partnering with payments provider Stripe on the launch of the social media company’s “Ticketed Spaces” feature. The plan is to allow select U.S. users to host paid live audio rooms — and to give these “creators” a slice of the pie. Get the Full Story Complete...

Retail
Chewy Expands Telehealth Service Hours, Adds Video Consultations
May 21, 2021

Online pet shop Chewy is expanding its “Connect With a Vet” telehealth service, adding a video consultation feature, the ability to preschedule a virtual vet consultation and extended hours of operation, the company said in a Friday (May 21) press release. Get the Full Story Complete the...

Acquiring
Snap Buys AR Displays Supplier WaveOptics For Over $500 Million
May 21, 2021

Social media company Snap is buying WaveOptics, which provides augmented reality (AR) displays, for more than $500 million. The Verge reported on Friday (May 21) that the deal, which is Snap’s biggest, shows that the company is betting that AR eyewear will eventually go mainstream....

Payment Methods
The Week In Payments: Bouncing Bitcoin, Content Pick-Ups And Digital-First Staying Power 
May 21, 2021

It has been another exciting week in payments, particularly for those following the bouncing crypto ball this week, as the price of the world’s best known cryptocurrency plunged following the latest crypto crackdown in China. And pullbacks were something of a theme of the week, as AT&T...

Delivery
Ultrafast Delivery Fight Heats Up As Amazon Folds Prime Now Into Main Site
May 21, 2021

Although Amazon’s announcement that it was retiring the app and website of its Prime Now ultrafast delivery service and incorporating it into the main Amazon site was aimed at its millions of members, the strategic shift was also a competitive warning to rivals like Walmart and Target...