News

Investments
India’s CRED Announces $215 Million Fundraise At $2.2 Billion Valuation
April 06, 2021

CRED, an Indian FinTech that says its payment platform helps members pay credit card bills on time through incentive programs and high-tech tools, on Tuesday (April 6) announced a new fundraising round that puts its valuation at $2.2 billion, according to published reports. Get the...

Retail
Everyware Teams With Cybersource, Authorize.net To Power SMB Contactless Payments
April 06, 2021

Contactless payments firm Everyware has partnered with Cybersource and Authorize.net, two Visa Solutions, to provide payments processing to enterprise and small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Currencycloud Teams With Settle On X-Border B2B Payments
April 06, 2021

Norway-based mobile payments company Settle Group has collaborated with Currencycloud to provide wallet users and corporate clients in Europe with foreign exchange and international payments, according to a Thursday (April 6) announcement. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Justice Thomas Calls For Fundamental Changes To Big Tech Regulation
April 06, 2021

Big technology platform players like Facebook and Google could see massive changes in regulations if U.S. Supreme Court Justice Clarence Thomas gets traction on his idea that the segment should be regulated like utilities, CNBC reported on Tuesday (April 6). Get the Full Story Complete...

eCommerce
Data Shows Digital Access Driving Global eCommerce Growth
April 06, 2021

There’s a technique in painting called Pointillism, where small, distinct dots of color are applied in patterns to form an image, and a whole emerges from thousands of small points. Similarly, the digital shift is so finely ingrained in everyday life that it might be...

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....