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...
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...
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....
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...
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...
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...
In today’s top news in digital-first banking, NCR Corporation reported an increase in recurring revenue amid a shift to “NCR-as-a-Service,” while GoCardless rolled out Instant Bank Pay. Plus, Greenlight Financial Technology, Inc. raised $260 million in a Series D funding round. Get the Full Story...
Spotify reported earnings for Q1 on Wednesday (April 28), and while its numbers were solid for subscriber growth, its announcements focused on new products and properties that will tee the company up for the balance of the year. Get the Full Story Complete the form...
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, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
