Robinhood’s plans for an initial public offering (IPO) could be on hold following the GameStop debacle that ended in a suspension of trading last week, Cryptoslate reported on Wednesday (Feb. 3), citing a tweet from Fox Business Network Senior Correspondent Charles Gasparino. Get the Full...
In today’s top retail news, Cart.com unveiled its purchase of Cheap Cheap Moving Boxes, while UPS revealed consolidated revenue of $24.9 billion for Q4 2020. Plus, Amazon’s Q4 net sales have exceeded $100 billion. Get the Full Story Complete the form to unlock this article...
Today in B2B payments, Bank of the West enables Zelle for small business payments, and Intuit bolsters QuickBooks Commerce with acquisition. Plus, CIS launches bitcoin wallet for corporates, EedenBull launches in North America, and Vision33 takeover strengthens accounting automation offering. Get the Full Story Complete...
Vivino, which offers a wine app and online marketplace, is drinking in the news that it has raised $155 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In its final quarter of 2020, Chipotle‘s digital delivery orders accounted for about 25 percent of its total sales. “To help improve the economics on this premium access point, we have implemented several delivery menu price differentials, with a weighted average fee right around 13...
Banking and investing startup Stash is closing a $125 million Series G funding round led by Eldridge with additional funding from new and existing investors, including Owl Ventures, funds and accounts advised by T. Rowe Price Associates, Inc., Goodwater Capital, Entree Capital and others. Get...
Payments provider Payoneer has agreed to become a public company through a merger with a “blank check” company, FTAC Olympus Acquisition Corp., Bloomberg reported. The deal values eCommerce heavy-hitter Payoneer at $3.3 billion. Get the Full Story Complete the form to unlock this article and...
Chinese regulators along with Jack Ma and his Ant Group have reached an agreement that would turn the financial technology company (FinTech) into a financial holding company. That means Ant will operate under rules similar to banks, including stricter capital requirements. Get the Full Story...
The last few weeks, the stock market has seemed like a casino, indeed: You pays your money, you takes your pick. And like a casino, more people go home unhappy than there are winners laughing on their way to the proverbial bank. Get the Full...