News

Partnerships / Acquisitions
Humana To Acquire Home Health Provider Kindred At Home For $8.1 Billion
April 28, 2021

Humana is acquiring home health and hospice provider Kindred at Home (KAH) from its equity firm partners, TPG Capital and Welsh, Carson, Anderson & Stowe (WCAS), the health insurer announced Tuesday (April 27) in a press release. Get the Full Story Complete the form to...

News
Today In Payments: Visa Teams With Airbnb On Faster Host Payments; Fiserv Delivers POS QR...
April 28, 2021

In today’s top news, Airbnb hosts can now use Visa Direct to up their cash flow, and Fiserv is teaming with PayPal and Venmo to bring QR codes to the point-of-sale (POS). Plus, Alphabet’s retail and shoppable content sectors grew in Q1. Get the Full...

Investments
Venture Investments Returning Multi-Billion-Dollar Profits
April 28, 2021

For years, the venture sector was a place where huge rewards on tech investments were often overshadowed by substantially more unsuccessful bids. But as The Wall Street Journal reported on Wednesday (April 28), the past few months have seen “an unusually large” number of venture...

Ridesharing
Moped-Sharing Firm Revel Eyes New York City Ride-Hailing Service
April 28, 2021

Electric moped-sharing startup Revel is venturing in new directions, planning to launch its own ride-hailing service in New York City using only Tesla electric vehicles, The Verge reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Walmart Expands Its InHome Grocery Delivery Service
April 28, 2021

Walmart is expanding its InHome service, which delivers groceries into customers’ refrigerators while they’re away. That’s according to Bloomberg, which noted that the service still faces a pretty significant hurdle: the question of whether people trust the world’s largest retailer in their homes when they’re...

IPO
India’s Food Delivery Startup Zomato Files $1.11 Billion IPO
April 28, 2021

India’s food delivery platform Zomato is going public in Mumbai with an estimated $1.1 billion (8,250 crore) initial public offering (IPO), 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....

Retail
Today In Retail: Steve Madden Reports Rise In Revenue; Pinterest Moves More Toward Commerce
April 28, 2021

In today’s top retail news, Steven Madden, Ltd. posted a 0.5 percent rise in revenue, while Pinterest says it is moving more toward commerce. Plus, Shopify reported a 110 percent surge in revenues. Get the Full Story Complete the form to unlock this article and...

IPO
Allbirds Eyes Taking Footwear And Clothing Firm Public With IPO
April 28, 2021

Trendy shoe brand Allbirds is reportedly talking with banks with an eye toward an initial public offering (IPO). The New York Times column DealBook said that Allbird, along with Panera, wants to cash in on investor interest in companies that could make it big as...

Payment Methods
Why 2021 Is The Year To Leave Cards Behind
April 28, 2021

Francesco Simoneschi, CEO of TrueLayer, believes that open banking payments will replace debit cards as the default method of payment in the next five years. Find out why in this excerpt from The Connected Economy’s Power Source – CEO Edition. Get the Full Story Complete...