News

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...

Retail
Groupon Targets User Experience With Local Destination Offerings
May 04, 2021

Groupon said it is striving to become the ultimate destination for local happenings with the launch of its new personalized user experience (UX) approach that aims to connect people with relevant business deals. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
‘Bring It To Me’ Economy Spurs Demand For Everyday Items
May 04, 2021

The last mile, increasingly, seems to lead not to the retailer’s shelves, but to the consumer’s front door. And not just for the boxes emblazoned with Amazon “smiles” — but for toothpaste, for napkins, for the sundries that make up the minutiae of everyday life....

Investments
Wearable Health Tech Maker Oura Raises $100 Million
May 04, 2021

The wearable fitness manufacturer Oura announced a $100 million Series C on Tuesday (May 4), a funding round that brings the company’s total financing to just over $148 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Acquiring
Twitter Aims To Improve Subscription Plans With Scroll Acquisition
May 04, 2021

Twitter announced on Tuesday (May 4) that it is acquiring Scroll, a subscription service that removes ads for news sites, as part of its own subscription plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Pepsi Opens Virtual QSR To Encourage Beverage-First Ordering
May 04, 2021

As newly vaccinated consumers return to restaurants, food and beverage brands with both at-home and away-from-home offerings are redirecting their focus to the latter. PepsiCo, for one, noted upon the release of its Q1 earnings that the brand is looking toward the return of these...

Partnerships / Acquisitions
Global Payments To Buy Real Estate Tech Firm Zego For $830 Million
May 04, 2021

Atlanta-based Global Payments has inked a deal to acquire Zego, which offers a property management software platform. 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...

Delivery
Uber Eats Links With Gopuff For Convenience Store Delivery
May 04, 2021

Ride-hailing company Uber Technologies and Gopuff, which delivers convenience store goods to people’s homes, are partnering on a new service that will allow Uber Eats users to order household essentials through its app, according to a Tuesday (May 4) press release. Get the Full Story Complete...