In today’s top payments news around the world, SumUp has secured roughly $893 million for expansion, while Piraeus Bank’s merchant acquiring business is to be purchased by Euronet Worldwide. Plus, Revolut announced that it would suspend its Canadian operations. Get the Full Story Complete the...
One of the best ways for new technology to gain mainstream acceptance is to get a stamp of approval from a trusted brand, from a marquee name within a vertical. Such an embrace fosters trust. And that may be the for non-fungible tokens (NFTs) which got a...
Chime is holding early talks with investment banks on a new stock market flotation, which could value the startup at over $30 billion, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Just two months into the pandemic, in May 2020, Instagram announced Instagram Shop, whereby businesses can sell directly through their Instagram accounts. The feature unveiled just as many businesses were already taking advantage of the platform’s massive user base and highly responsive algorithm to drive...
Paytronix announced in a press release Tuesday (March 16) that over 1.4 million customers have used Dutch Bros Coffee’s new digital rewards program, Dutch Rewards, in the first month since its launch. Get the Full Story Complete the form to unlock this article and enjoy...
China’s market regulator, the State Administration of Market Regulation (SAMR), has been incredibly active of late, with a newfound interest in everything from the conduct of eCommerce platforms to FinTech. Regulators are keyed into the online market, Wei Li, an SAMR official told Xinhua News...
Amazon Business has attained $25 billion in global annualized sales and grown to cover eight additional nations since rolling out in the United States in 2015, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
FinTech solutions and payments provider Euronet Worldwide, Inc. said on Tuesday (March 16) that it has struck a deal to buy the Piraeus Bank Merchant Acquiring (PBMA) operation of the Greek financial institution (FI) Piraeus Bank, according to a press release emailed to PYMNTS. Get the...
Digital identity startup Socure closed a $100 million Series D funding round led by Accel with backing from existing investors Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures and others. Get the Full Story Complete the...
