News

Investments
Stock Brokerages Lure Young Adults Looking To Invest COVID Savings
May 27, 2021

U.K. stock brokerage firms AJ Bell and Charles Stanley are eyeing young adults with pandemic savings as potential investors who have shown an eagerness to take a gamble on the markets, the Financial Times reported on Thursday (May 27). Both investment platforms are introducing new...

Retail
Clothing Conglomerate Authentic Brands Reportedly Preparing IPO
May 27, 2021

The clothing conglomerate Authentic Brands Group is preparing an initial public offering (IPO) that could arrive as soon as this summer, CNBC reported 0n Thursday (May 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Today In Payments: Big Banks Express Caution Over Crypto; Amazon Reportedly Interested In Physical Pharmacies
May 27, 2021

In today’s top news, executives from the biggest U.S. banks warned the Senate of the volatility of cryptocurrencies, and Amazon is reportedly looking into starting a retail pharmacy business. Plus, Instagram now lets users sell, find and purchase from product drops. Get the Full Story...

Delivery
Instacart Debuts 30-Minute Priority Delivery For Groceries
May 27, 2021

Instacart is introducing a priority delivery option that will get groceries to people’s doorsteps in as fast as 30 minutes, and will give users the ability to pinpoint the fastest time slots available in their area. Get the Full Story Complete the form to unlock...

Investments
Wayflyer Raises $76 Million To Help eCommerce Businesses Grow
May 27, 2021

Dublin, Ireland-based Wayflyer has landed $76 million in funding, the company announced in a Thursday (May 27) blog post. 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...

International
Today In Payments Around The World: Glovo To Buy Delivery Hero’s Balkan Biz; Paysend Wraps...
May 27, 2021

In today’s top payments news around the world, Glovo will buy Delivery Hero’s operations in the Balkans, while Paysend has closed a $125 million Series B funding round headed up by One Peak. Plus, Paytm is said to be eyeing a $3 billion initial public...

Retail
Today In Retail: eCommerce Helps Fuel e.l.f. Beauty’s Net Sales; ShipBob Collaborates With Walmart
May 27, 2021

In today’s top retail news, e.l.f. Beauty reported that eCommerce helped fuel its net sales surge, while ShipBob is officially teaming with Walmart. Plus, Best Buy’s earnings showed the positive effect of the stay-at-home economy. Get the Full Story Complete the form to unlock this...

Investments
New Funding Round Could Value BNPL Firm Klarna At $40 Billion
May 27, 2021

European buy now, pay later (BNPL) company Klarna is on the verge of securing a new funding round that could value the firm at $40 billion, CNBC reported Thursday (May 27), citing sources close to the matter. The network reported that the investment has the backing of...

eCommerce
Getting Clever About Fighting Cart Abandonment
May 27, 2021

We’ve all done it. Maybe we were shopping online, and the phone rang, and we wandered off and forgot. Maybe we filled the cart up, then found a better deal elsewhere and moved on. Maybe we got to the checkout, realized paying would involve typing...