Global FinTech Paysend closed a $125 million Series B funding round led by One Peak, with participation from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing investors including Plug and Play, the company announced in a press release emailed to PYMNTS. Get the Full...
The worst-kept secret in Hollywood was confirmed Wednesday morning (May 26) when Amazon announced that it had reached an $8.45 billion deal to acquire 100-year-old iconic film studio MGM. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Consumers are enjoying — and keeping — the active lifestyle changes they made during the pandemic, Dick’s Sporting Goods said on Wednesday (May 26) as it posted record first-quarter sales and earnings and raised its full-year forecast. Get the Full Story Complete the form to...
Snappy, an eCommerce gifting platform, wrapped up a $70 million Series C funding round, bringing the firm’s overall funding to in excess of $100 million. GGV Capital headed up the newest investment, which saw the participation of current investors Hearst Ventures, Saban Ventures and 83North,...
Bed Bath & Beyond has bolstered its same-day delivery services domestically via a collaboration with DoorDash. The latter company’s white-label fulfillment platform, DoorDash Drive, will fuel same-day delivery, according to the Wednesday (May 26) announcement. Get the Full Story Complete the form to unlock this...
FortisPay, a payment technology provider for businesses, developers and independent software vendors (ISV), has acquired Change Merchant Solutions and EpicPay, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Digital commerce and marketing platform Noble has linked up with payments company Square to provide online payment processing of food and drink orders for live events. The Noble platform will be available on the Square App Marketplace. Get the Full Story Complete the form to...
Financial institutions’ (FIs’) efforts to upgrade their products, services and experience is largely attributed to massive shifts in what end-customers demand from their banks. That’s true in many ways for corporate customers as well, which increasingly demand digital-first solutions with easy interfaces that are always...
Financial institutions (FIs) have historically viewed small businesses as a less profitable part of their own business, not necessarily worth troves of time, investment and innovation. Competitive pressures from the B2B FinTech ecosystem are beginning to shift that mindset, but for banks, a lack of...
