Financial services firm Brex has expanded its instant payouts feature to sellers on Shopify, according to an announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As London-based meal delivery service Deliveroo gears up to go public, its revenues are plummeting. Even as the United Kingdom’s lockdowns have incentivized many consumers to order food delivery more often, with Deliveroo CEO Will Shu estimating the pandemic “accelerated consumer adoption of these delivery services by...
As part of a new test, Instagram will now give creators in India the chance to share short videos on Facebook. According to Bloomberg, this trial will allow a small number of users in India to share Instagram Reels — brief clips using augmented reality...
In today’s top retail news, CarParts.com, Inc. reported a surge in sales in the fourth quarter of 2020, while Target is debuting a new food and beverage brand focused on indulging and snacking. Plus, Stitch Fix said it swung to a $21 million loss last...
The European Commission (EC) has granted an unconditional authorization for the $9.28 billion ( €7.8 billion) acquisition of Denmark’s Nets by Italy’s Nexi, according to an EC press release on Tuesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy...
Today in B2B payments, WEX secures a partnership with Ford, Citi launches an international B2B payments document digitization solution and Century Business partners on commercial card processing. Plus, Veem launches its no-fee domestic payment tool for small businesses and Greensill Capital seeks insolvency protection. Get...
In today’s top news, ResTech platform Olo prices its initial public offering (IPO), and PayPal agrees to acquire Israeli crypto security firm Curv. And as it prepares for its IPO, Deliveroo reports millions in 2020 losses. Get the Full Story Complete the form to unlock...
Mobile banking platform N26 has joined forces with cash-back app Dosh to allow users to earn money on everyday purchases with their N26 debit card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Healthcare financial engagement platform Cedar wrapped up a Tiger Global Management-led $200 million Series D financing round, bringing the firm’s valuation to $3.2 billion. Existing investors Concord Health Partners, Thrive Capital and Andreessen Horowitz also took part in the round, according to a Tuesday (March...
