News

B2B Payments
Today In B2B: Brex Pursues Bank Charter; Office Depot Bolsters B2B Strategy
February 22, 2021

Today in B2B payments, Office Depot strengthens its B2B eCommerce strategy with an acquisition, while Brex pursues a bank charter. Plus, Walmart Canada goes on the defensive over supplier fees, humm launches buy now, pay later for small businesses, and BCB Group rolls out a...

International
Industry Group Eyes Global Expansion For UK Financial Services
February 22, 2021

The trade group UK Finance “has set out proposals to place the financial services industry at the heart of the U.K.’s post-COVID-19 economic recovery, with an ambitious strategy to boost U.K. exports of financial services,” per a news release. Get the Full Story Complete the...

IPO
ResTech Platforms Explore IPOs Amid Rapidly Changing Market
February 22, 2021

Even as the restaurant industry remains volatile, with the vaccine’s effect on consumers’ dining habits yet to be seen, ResTech software providers are going public. Toast, which provides restaurants with cloud-based management and point-of-sale (POS) software, is considering conducting an initial public offering (IPO) this...

International
MYBank, Backed By Ant Group, Signs Up For Digital Yuan Test Drives
February 22, 2021

Ant Group’s MYBank is getting in on China’s moves toward launching a digital currency. The online bank said it will now be one of the participants in China’s digital yuan research program, Reuters reported on Monday (Feb. 22). Get the Full Story Complete the form to...

Retail
New Data Shows Amazon Prime Continues To Outpace Walmart+
February 22, 2021

Since it was first launched in September 2020, the exact intent and purpose behind Walmart+ has been a bit of a moving target. At launch it was hyped as an Amazon Prime competitor, but the lack of a streaming entertainment element rendered that comparison to...

Retail
Foxtrot Market Raises $42 Million In Series B Round
February 22, 2021

Foxtrot Market has landed $42 million in a Series B growth investment through a round headed up by Monogram Capital Partners and Almanac Insights. A number of additional investors took part in the company’s Series B round, according to a Monday (Feb. 22) announcement. Get the Full...

Retail
With 1,100 Stores, Does A Kohl’s Comeback Begin In The Boardroom?
February 22, 2021

Macy’s may sell more stuff, but when it comes to store count, Kohl’s is second to none, with 1,100 locations in its portfolio. It’s a real estate reality that has caught the eye of activist investors looking to ride the Wisconsin-based chain to new heights,...

IPO
What Comes Next: SPACS And The Risks Of De-SPACs
February 22, 2021

The special purpose acquisition company (SPAC) has been having what might be termed a moment in the sun on Wall Street. It’s a moment that has stretched back over more than a year. Get the Full Story Complete the form to unlock this article and...

Retail
Camping World Signs Deal To Buy Maine Location
February 22, 2021

Camping World Holdings, Inc. said on Monday (Feb. 22) that it has inked a deal to purchase Lee’s Family Trailer in Windham, Maine. The deal is expected to close in April of this year. This will be the first of at least two of the...