News

IPO
Southeast Asia’s Grab Mulls Public Filing In US Via SPAC
March 10, 2021

Southeast Asian delivery startup Grab Holdings Inc. is considering a public filing in the U.S. through a merger with a special purpose acquisition company (SPAC), Bloomberg reported on Wednesday (March 10) citing sources. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Software Firms Offers Discounts To Struggling Restaurants
March 10, 2021

It has been an enormously difficult year for restaurants, with mass layoffs and closures as lockdowns and economic downturns placed serious burdens on Main Street businesses. Aid has come in, where possible, from the traditional channels — small business loans and grants — but for...

B2B Payments
Beanworks Bolsters Accounts Payable Offering With AI
March 10, 2021

Accounts payable (AP) automation company Beanworks has debuted its SmartCapture artificial intelligence (AI)-enabled capability, according to a Wednesday (March 10) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Payoneer Teams With Mastercard On Digital Solutions For SMBs
March 10, 2021

Payments provider Payoneer Inc. and Mastercard will collaborate to better serve the business-to-business (B2B) market, starting with the Payoneer Digital Purchasing Mastercard, according to a Wednesday (March 10) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Pipe Raises $50 Million To Streamline Companies’ Access To Financing
March 10, 2021

Recurring revenue trading platform Pipe announced this week it has raised $50 million in strategic equity funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

News
Today In Payments: Venture Capitalists Rush To Back Tech Startups; SoFi Buys Golden Pacific Bank...
March 10, 2021

In today’s top news, venture capitalists are swarming to back tech startups, and SoFi bought a San Francisco-based community bank for $22.3 million. Plus, J.P. Morgan is bringing on former HSBC exec Jeremy Balkin to lead FinTech and innovation for wholesale payments. Get the Full...

Payments Innovation
Account-to-Account Transactions Take Hold In The EU
March 10, 2021

Payments and immediate gratification are becoming joined in ways that reflect the direct and instant trends that have been evident since early last year. A slew of recent account-to-account announcements spotlight how A2A, as it is known for short, can take several paths toward shaking...

News
Today In Retail: Express Inc.’s Comp Sales Drop 27 Pct; Build-A-Bear’s eCommerce Demand Jumps 104...
March 10, 2021

In today’s top retail news, Express, Inc. announced a 27 percent drop in comparable sales, while Build-A-Bear Workshop, Inc. reported that eCommerce demand soared by 104 percent. Plus, Walmart is “doubling down” on its embrace of short video social media platform TikTok. Get the Full...

B2B Payments
Today In B2B: WU Business Solutions Pairs With Triterras; Deutsche Bank Automates Treasury Tech
March 10, 2021

Today in B2B payments, Western Union Business Solutions collaborates on cross-border corporate payments, while Deutsche Bank invests in corporate treasury automation. Plus, High Radius and Sage pair up for accounts receivable, Revolut Business debuts an expense management solution and J.P. Morgan taps HSBC talent. Get...