News

Bitcoin
Bitcoin Daily: Crypto Platform Coinseed Sued For Defrauding Investors; Coinbase Adds Former Stripe Exec To...
February 17, 2021

New York’s attorney general sued crypto platform Coinseed Wednesday (Feb. 17), accusing it of defrauding thousands of investors out of over $1 million, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Credit-Building Platform SeedFi Closes $65 Million Funding Round
February 17, 2021

Financial health startup SeedFi, which helps Americans build credit, save money and make future financial plans, has raised $65 million in funding, according to a press release. The amount comprises $50 million in debt and $15 million in equity. Get the Full Story Complete the...

Acquiring
Lakestar’s Klaus Hommels Latest To Join SPAC Craze In Europe
February 17, 2021

Klaus Hommels, founder of venture capital firm Lakestar, launched a special purpose acquisition company (SPAC) on Wed. (Feb. 17), Lakestar SPAC I SE, with the goal of buying a tech company in Europe. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Xerox Rolls Out New Equipment Financing Program
February 17, 2021

Xerox Holdings Corporation has debuted its new financial services network to help with equipment finance, a press release says. 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...

Investments
Will Smith-Backed Public.com Raises $220 Million For Social Investing Network
February 17, 2021

Social investing network Public.com has raised $220 million in a Series D funding round that was supported by existing investors including Will Smith’s Dreamers VC, Accel, Greycroft, Lakestar, YouTube’s Phil DeFranco and more.  Get the Full Story Complete the form to unlock this article and...

Retail
January Retail Data: Sustainable Rebound Or Artificial Stimulant?
February 17, 2021

The latest volley of retail spending data shows that the worst is behind us regarding the pandemic’s drag on consumers. Maybe. Or it could be that the stimulus payment stimulus may soon fade. To that end, retail sales were up 5.3 percent in January, over...

Retail
QSRs Serve Up Technology To Reach Most Loyal Customers
February 17, 2021

As most restaurant owners know, not all orders are created equal. A $30 order could be just that — a small, one-time profit — or it could be a jumping-off point for years of loyalty to come. In this month’s edition of PYMNTS’ Delivering on...

B2B Payments
Ephesoft Debuts Semantik Invoice On Microsoft Power Automate
February 17, 2021

Intelligent document processing technology provider Ephesoft, Inc. rolled out its artificial intelligence (AI)-enabled and cloud-based Semantik Invoice offering on the Microsoft Power Automate infrastructure, according to a Wednesday (Feb. 17) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Paddle Rolls Out Payment Features For SaaS Firms
February 17, 2021

Revenue delivery platform Paddle has rolled out a new collection of functionalities to assist companies with growing their payment acceptance and capturing higher sales. The firm says that the offering, which is known as Paddle Pilot, lets subscription-based software companies optimize the success of their...