News

Retail
Food eCommerce 2.0: Freshly Anticipates Ultra-Personalized Future
April 05, 2021

For over a year now, consumers have had to find ways to make mealtimes meaningful from the comfort of their homes. Where once they might have celebrated a special occasion or added some excitement to the work week by going out to a restaurant, now...

Partnerships / Acquisitions
Pinterest Could Capture Younger Users If VSCO Acquisition Happens
April 05, 2021

Digital curation site Pinterest is reportedly in talks to acquire VSCO, the photography app loved by teenagers, The New York Times (NYT) reported, citing two sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
SMB Lender Cora Raises $26.7M In Series A Funding
April 05, 2021

Cora, the Brazilian technology-enabled lender to small and medium-sized businesses, has raised $26.7 million in a Series A funding round, TechCrunch reported on Monday (April 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Intuit, Practice Ignition Partner To Improve Tax Pro Productivity
April 05, 2021

Professional tax product maker Intuit has forged a partnership with Practice Ignition to help tax professionals improve productivity, the two companies announced Monday (April 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Merchants Face Challenges In Enticing Reluctant Consumers Back Into Stores
April 05, 2021

Foot traffic has been slow to recover at America’s retail locations as consumers continue to stay close to home and are eschewing trips that keep them out much longer than 10 minutes, except in a handful of U.S. states. The why of that is a...

Investments
India’s Swiggy Raises $800 Million At $5 Billion Valuation
April 05, 2021

Indian food delivery startup Swiggy raised $800 million in a funding round led by Falcon Edge Capital and Goldman Sachs, with participation from Accel and Naspers, Bloomberg reported on Monday (April 5), citing an internal memo. Get the Full Story Complete the form to unlock...

Retail
Some Stores Stick With Masks Despite Loosening Requirements
April 05, 2021

Despite 18 states dropping mask mandates, some retailers are playing it safe and keeping the face-covering requirement in place, the Associated Press (AP) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
Today In Payments: Foot Traffic Moving Slowly Despite Vaccinations; Plaid Reportedly Near $13 Billion Valuation
April 05, 2021

In today’s top news, foot traffic is still down, despite an increase in vaccination distribution, and Plaid is reportedly near a $13 billion valuation with a new funding round. Plus, Bank of America is acquiring Axia Technologies to expand its healthcare payment services. Get the...

Payment Methods
Podium Unveils Card Reader For ‘Frictionless’ Payments
April 05, 2021

Podium, the communication/payments platform for local businesses, has launched a new point-of-sale (POS) device to give customers new ways to collect and manage payments. Podium Card Readers, the Utah company’s first physical products, are designed to drive repeat business and allow frictionless text and in-store...