News

Investments
Fortnite Maker Epic In Talks To Raise $1.7 Billion At $28 Billion Valuation
March 31, 2021

Epic Games could raise as much as $1.7 billion, which would constitute a doubling of its fundraising in the past year, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
Today In Digital-First Banking: Fondeadora Taps AU10TIX For ID Verification; Federal Reserve Reveals FedNow Specifications
March 31, 2021

In today’s top news in digital-first banking, Fondeadora said it had chosen AU10TIX to be its identity verification provider, while the U.S. Federal Reserve revealed message specifications for FedNow. Plus, the European Central Bank (ECB)’s president said a proper digital currency rollout could take years....

International
Today In Payments Around The World: Japan’s Paidy Inc. Lands $120 Million; Italy’s Everli Raises...
March 31, 2021

In today’s top payments news around the world, Paidy Inc. said it completed its Series D funding round while Everli has raised $100 million in a funding round. Plus, JD.com said it has sold its JD cloud and artificial intelligence (AI) operation to its FinTech...

Partnerships / Acquisitions
Squarespace Moves Into Hospitality, Acquires ResTech Tock
March 31, 2021

Squarespace has acquired Tock, a unified system servicing the hospitality industry, according to a company blog post. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
Today In Payments: Paysafe Goes Public; Amazon Acquires Indian Digital Retail Platform Perpule
March 31, 2021

In today’s top news, Paysafe started trading on the New York Stock Exchange, and Amazon acquired retail tech firm Perpule. Plus, Deliveroo’s valuation fell after limited investor appetite as it opened trading on Wednesday (March 31). Get the Full Story Complete the form to unlock...

Artificial Intelligence
AI Treads Into Deeper Financial Waters As Scrypt Tops $1 Billion In Invoices
March 31, 2021

In a very 2020s twist of irony, treasury management-as-a-service (MaaS) company Scrypt AI has announced that its software platform — which can process invoices without a human ever needing to set eyes on them — has just completed over $1 billion worth of transactions. According...

B2B Payments
GiniPredict Rolls Out Cash Flow Prediction Tech
March 31, 2021

GiniPredict has launched in a bid to help New Zealand and Australia-based businesses access faster, more powerful planning and forecasting capabilities. According to a press release, giniPredict, which integrates with Xero, is an “intuitive, no-code technology that runs on top of familiar software products …...

Retail
Regional Grocer Takes Digital Journey Through The Pandemic
March 31, 2021

It’s been a huge year for eCommerce innovation in the grocery industry. Digital-native online grocers have been expanding, while leading national and international supermarket chains have been rolling out new digital features, reinventing themselves and beginning to establish the omnichannel experience of the industry’s future....

B2B Payments
Today In B2B: Grovara Talks X-Border B2B Commerce; HighRadius Secures $300 Million
March 31, 2021

Today in B2B payments, Grovara discusses the opportunity to improve the cross-border B2B eCommerce experience, and HighRadius secures $300 million in new funding. Plus, Ripple takes a stake in Tranglo, Plaid partners with Dun & Bradstreet and Ramp nears a new capital infusion. Get the...