News

Security & Fraud
Hacker Accesses Spanish Delivery Startup Glovo
May 04, 2021

Glovo, a Spanish startup, was the victim of a hack, although it didn’t specify what information was accessed, Reuters reported Tuesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
CCC Debuts Enterprise Payments For Insurance Companies
May 04, 2021

Software-as-a-service (SaaS) provider CCC Information Services has announced plans to roll out an enterprise payments platform to help with electronic payments in the fields of insurance and automotive, a press release said Tuesday (May 4). Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
Report: ClassPass, Fitness Tech Firm MindBody Eye Merger, IPO
May 04, 2021

ClassPass and Mindbody, which provide technology to fitness companies worldwide, have been discussing a merger, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Today In B2B: Flywire Eyes AR Transparency; Citi Commercial Cards Partners On Supplier Payments
May 04, 2021

Today in B2B payments, Flywire talks AR-driven B2B payments innovation, and Citi Commercial Cards teams up for supplier payments. Plus, Blue Ridge explores supply chain pricing strategy, Veem partners with Freightos and EchoVera streamlines AP with invoicing. Get the Full Story Complete the form to...

Partnerships / Acquisitions
Meridian, Accord Financial Team On Financing For Canadian SMBs
May 04, 2021

Meridian and Accord Financial Corp. have collaborated to offer additional financing choices to small to medium-sized businesses (SMBs). Their partnership occurs as companies are seeking methods to make sure they succeed in the present day and be set for times after the pandemic, according to...

Delivery
The Instacart Of Europe Expands ‘Everything, Everywhere’ Service To Global Markets
May 04, 2021

Research has consistently found that habits form in moments of transition. Now, as the vaccine rolls out around the world and consumers begin to establish their new routines, grocers have a unique opportunity to embed themselves in consumers’ lives in an enduring way. As consumers...

International
Today In Payments Around The World: dLocal Reportedly Files For IPO; Oura Lands $100 Million...
May 04, 2021

In today’s top payments news around the world, dLocal has reportedly confidentially filed for an initial public offering (IPO) in the United States, while Oura has unveiled a $100 million Series C. Plus, Acuant has closed on its purchase of Hello Soda. Get the Full...

Partnerships / Acquisitions
Sherpa, Juniper Collaborate To Create B2B RTP Module For Financial Institutions
May 04, 2021

Sherpa Technologies and Juniper Payments are collaborating to provide real-time functionality from The Clearing House’s (TCH) real-time payments (RTP) network and make a corporate payments module for correspondents to provide to their financial institutions, among the first initiatives in their partnership, according to a Tuesday...

Investments
Singapore’s SCI Ecommerce Notches $38 Million Amid IPO Plans
May 04, 2021

SCI Ecommerce, headquartered in Singapore, raised $37 million as part of a growth funding round led by Asia Partners. The new capital comes as the startup said it’s moving toward an initial public offering (IPO) before the year is out. Get the Full Story Complete...