News

Investments
Microsoft Leads Indonesian eCommerce Firm Bukalapak’s $234 Million
April 14, 2021

Bukalapak, an Indonesian eCommerce company, has raised $234 million in a funding round, Reuters reported. 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 daily newsletter,...

B2B Payments
Camino Financial, Lendio Collaborate To Provide SMB Capital
April 14, 2021

In order to provide funding for small to medium-sized businesses (SMBs) for underserved communities, mission-driven financial technology firm Camino Financial has teamed with lending marketplace Lendio, according to a Wednesday (April 14) announcement. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Gooten Partners With BigCommerce On SaaS Platform
April 14, 2021

Gooten has named BigCommerce as its new eCommerce Preferred Partner, a press release said on Wednesday (April 14). 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...

Ridesharing
NYC Teams With Bird, Lime, VeoRide For eScooter Pilot Launch
April 14, 2021

The New York City Department of Transportation (NYC DOT) has announced it is partnering with Bird, Lime and VeoRide to run its first-ever pilot program for eScooters. The permits, which will be awarded by the NYC DOT, will allow each ride-hailing company to employ about...

Retail
Kroger Opens First Ocado-Powered Fulfillment Center
April 14, 2021

Kroger is debuting a customer fulfillment center (CFC), which will combine “vertical integration, machine learning and robotics with affordable, friendly and fast delivery service for fresh food,” according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Today In B2B: The Pains of eMarketplace AR; Hatch Launches SMB Neobanking Services
April 14, 2021

Today in B2B payments, UpstartWorks talks the pains of marketplace AR, and Hatch launches neobanking services for small businesses. Plus, GaleForce discusses AP modernization for indie ad agencies, Kofax rolled out its new AP offering and Paya enhances eInvoicing for Sage. Get the Full Story...

Partnerships / Acquisitions
Walmart’s Indian eCommerce Marketplace Flipkart Acquiring Cleartrip
April 14, 2021

India’s Flipkart, owned by Walmart, is moving toward a distressed sale acquisition of the Mumbai travel aggregation site Cleartrip, Times of India reported Wednesday, April 14. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
WEX To Acquire benefitexpress For $275 Million
April 14, 2021

FinTech platform WEX has signed an agreement to acquire benefitexpress, a cloud-based benefits administrator, for $275 million, the FinTech announced today (April 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Spurred By Pandemic, Restaurants Leverage Their Brands To Sell Packaged Goods
April 14, 2021

“There has to be something special about a restaurant in order for it to be successful in the CPG [consumer-packaged goods] space, whether it’s an accredited chef, the history and legacy, reputation for quality food, et cetera,” Eric Skae, CEO of Carbone Fine Food, told...