News

Social Commerce
Clubhouse Rolls Out Payments Feature
April 06, 2021

The audio-based social media platform Clubhouse unveiled its first monetization feature for creators on Monday (April 5), allowing users to send and receive payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
Today In Payments: Stripe To Launch In UAE; Mastercard, b.well Team To Advance Consumer Digital...
April 06, 2021

In today’s top news, Stripe will launch in the UAE, and Mastercard and b.well have teamed up to advance consumers’ digital identities in healthcare. Plus, 80,000 retailers could close by 2026. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Sendbird Mobile Engagement Platform Notches $100 Million At $1 Billion Valuation
April 06, 2021

Silicon Valley mobile engagement startup Sendbird is now valued at $1.05 billion after closing a $100 million Series C funding round led by Steadfast Venture Capital, the company said in a Tuesday (April 6) blog post.  Get the Full Story Complete the form to unlock this...

Acquiring
Signet Acquires Rocksbox Designer Jewelry Subscription Startup
April 06, 2021

Signet Jewelers, the biggest diamond jewelry merchant worldwide, has acquired the designer jewelry subscription platform Rocksbox for an undisclosed amount. 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
Backflip Looks To Take The Mystery And Haggling Out Of Reselling Old Devices
April 06, 2021

It’s estimated that 80 percent of Americans currently have a smartphone — but chances are, most people actually own two or even three devices: the one that’s currently working, and at least one other one that’s either old or tucked away in a drawer somewhere....

Retail
Costco Member Fee Hike Would Delight Rivals, Annoy Customers
April 06, 2021

It has only happened twice in the past 10 years, but with over 60 million U.S. members and another 40 million internationally, any increase in the annual fee that Costco charges its customers is a big deal. Although the company itself has said nothing recently...

Retail
Home Nesting Trend Has Legs Beyond Pandemic Consumer Foot Traffic, Study Shows
April 06, 2021

Despite concerns the so-called “nesting trend” was cooling down after a year of record results, new data from foot traffic analytics firm Placer.ai shows the home furnishing category may still have further to go as Americans continue to spruce up their homes. Get the Full...

Partnerships / Acquisitions
Brink’s Snaps Up ATM Giant PAI For $213 Million
April 06, 2021

Security solutions provider Brink’s has acquired PAI, the largest privately-owned ATM service provider in the U.S., for $213 million. 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...

Retail
Celebrity Pet Food Brand ‘Made By Nacho’ Rolls Out Via eCommerce
April 06, 2021

Celebrity pet food brand Made by Nacho, which is described as “a cat food for the modern cat” that includes both wet and dry foods, rolled out on Tuesday (April 6), according to a press release. Get the Full Story Complete the form to unlock...