News

News
Today In Payments: Google Pay Exec Plans April Exit; Visa To Raise Interchange Fees In...
March 22, 2021

In today’s top news, Google Pay’s Caesar Sengupta plans to step down in April, and Visa will raise its interchange fees on transactions between the EU and U.K. this fall. Plus, the a new FBI report details the shift in cybercrime over the pandemic. Get...

Digital Banking
Revolut Expands Its Digital Banking Services In The US
March 22, 2021

Revolut, the British FinTech company that bills itself as a “financial super app,” announced on Monday (March 22) that it would begin operating in all 50 U.S. states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Digital Wallet Provider MobiKwik Of India Looks To Go Public
March 22, 2021

Mobile wallet and payments app MobiKwik of India has looked in recent years to take on multinational rivals on its home turf, expand internationally and take advantage of the rise of mobile payments. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Ant’s Alipay Intros Advisory Platform For Asset Managers
March 22, 2021

Ant Group in China is introducing an investment consulting solution that will enable robo-advisers to extend services to Alipay’s 1 billion users, Bloomberg reported on Monday (March 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Deliveroo’s London IPO Aiming For $12 Billion Valuation
March 22, 2021

In one of the U.K.’s biggest public listings, food delivery startup Deliveroo is seeking a valuation as high as $12.8 billion (£8.8 billion) in its upcoming initial public offering (IPO) set to debut on the London Stock Exchange (LSE), CNBC reported on Monday (March 22). Get...

eCommerce
eCommerce Platform Nuvemshop Of Brazil Lands $90 Million Funding
March 22, 2021

Sao Paulo, Brazil-based Nuvemshop, which operates an eCommerce platform, has raised $90 million in funding, the company announced today (March 22) in a press release. The round was led Accel and included participation from ThornTree Capital and existing investors Kaszek, Qualcomm Ventures and others. Get the...

Retail
From BOPIS To Livestreams, Department Stores Go All-In On Digital
March 22, 2021

In the past four weeks alone, the traditional retailing space has not just been sipping the “Kool-Aid” that is modern online merchandising — it has been chugging it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Bed Bath & Beyond Rollout Joins Retailers’ Private Label Push With New Bedding Line
March 22, 2021

Bed Bath & Beyond Inc. said Monday (March 22) it was launching the first of eight new private label brands, marking the latest move by a national retail chain to chase the improved profits offered by selling their own products. Get the Full Story Complete...

Retail
UK’s Deliveroo Reflects High Demand For Delivery; IPO Set To Top $12 Billion
March 22, 2021

The Amazon-backed and London-based delivery service Deliveroo said on Monday (March 22) that it is looking to raise over $12 billion in its IPO later this month, via a share price update that reflects a 50 percent jump in expectations since January. Get the Full...