News

Partnerships / Acquisitions
Fiserv To Purchase Pennsylvania-Based FinTech Pineapple Payments
March 25, 2021

Fiserv, Inc. has inked a definitive deal to purchase Pittsburgh, Pennsylvania-based Pineapple Payments. Fiserv said the deal is anticipated to close in Q2 2021 and is “subject to customary approvals and closing conditions.” Financial terms of the arrangement were not made public, according to a Thursday...

Delivery
Uber, Nimble Expand Prescription Delivery To Atlanta, Chicago
March 25, 2021

Ride-hailing giant Uber and prescription delivery firm Nimble have expanded their partnership to launch on-demand delivery services in Chicago, IL, and Atlanta, GA, as announced in a press release on Thursday (March 25). Get the Full Story Complete the form to unlock this article and...

Retail
Grocery Roundup: Purpose, Personalization And Partnerships
March 25, 2021

This week in grocery, Whole Foods Market Director of Global Recruiting Andres Traslavina and Nona Evans, director of the company’s Whole Kids and Whole Cities foundations, appeared on Assurity’s Good Business podcast to discuss the mission-centric elements of the business. The episode, which went live Tuesday...

B2B Payments
India’s Snapdeal Rolls Out Faster Payouts For SMB Merchants
March 25, 2021

Snapdeal, the India-based online shopping site, has rolled out an offering that will let small and medium-sized businesses (SMBs) quickly obtain payment soon after an order is delivered, Business Standard reported Thursday (March 25). Get the Full Story Complete the form to unlock this article...

News
Today In Payments: SEC Launches Probe Into SPAC Craze; Ruth McCartney Brings Rock History To...
March 25, 2021

In today’s top news, the U.S. Securities and Exchange Commission (SEC) has launched a probe into the recent surge of special-purpose acquisition companies (SPACs), and a class-action lawsuit against Mastercard for a record $19 billion will be heard today by a London court. Plus, music...

Investments
Surge Announces $195 Million In Funding To Back Startups In India, SE Asia
March 25, 2021

Sequoia Capital India’s Surge accelerator announced on Thursday (March 25) that it has closed its second round of seed funding at $195 million, aimed at supporting startups across India and Southeast Asia. Get the Full Story Complete the form to unlock this article and enjoy...

International
FinTechs To Have Greater Presence In Charting India’s Digital Path  
March 25, 2021

In India, digital payments are on the rise, digital lending will make inroads and FinTechs will gain market share – and, per the central bank, it all bears watching, with an eye on data privacy and security. To that end, Reserve Bank of India (RBI)...

B2B Payments
Today In B2B: Amex Pushes Healthcare’s AR/AP Digitization Drive; Xero Eyes Acquisition
March 25, 2021

Today in B2B payments, American Express discusses the AR/AP digitization drive in healthcare, while Xero announces its next acquisition target. Plus, Virgin Money collaborates on cash flow management, Basware debuts an eInvoicing solution in China and HSBC launches a mobile-first small business banking experience. Get...

Investments
PPRO Boosts Funding Round To $270 Million With JPMorgan, Eldridge
March 25, 2021

London-based payments infrastructure provider PPRO upped its latest funding round to $270 million with cash infusions from J.P. Morgan Chase & Co. and Eldridge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...