News

B2B Payments
Co-operative Bank Of Kenya Teams With Thunes On SMB Transfers
December 17, 2020

To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Google Approved By EU To Acquire Fitbit
December 17, 2020

Even amid a crackdown on tech acquisitions, Google has managed to win European Union approval for its $2.1 billion purchase of fitness tracker Fitbit, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Citi Rolls Out Fleet Card In Europe, UK With Centralized Reporting
December 17, 2020

Citi has rolled out its new Citi Fleet Card in Europe and the United Kingdom, with a new solution that brings together a contactless-enabled card with a mobile program. Kao EMEA’s U.K. Salon division was among the first Citi customers to go online with the...

Investments
GM Backs Car Maintenance Service Yoshi With $23 Million
December 17, 2020

General Motors (GM) is leading a Series B funding round for $23 million for Yoshi, an on-demand car maintenance service, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Today In Retail: Resale Company StockX Lands $275 Million For Growth; Rite Aid Reports 12...
December 17, 2020

In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its fiscal 2021 third quarter results that revenues rose by 12 percent. Plus, the convenience store vertical has seen $21.7 billion...

News
Today In Payments: GoCardless Raises $95 Million; BarkBox To Go Public Via SPAC At $1.6...
December 17, 2020

In today’s top news, GoCardless raised $95 million in a funding round, and BarkBox plans to go public via a special purpose acquisition company (SPAC). Plus, Fiserv is acquiring Ondot Systems to further its digital capabilities. Get the Full Story Complete the form to unlock...

Digital Banking
Today In Digital-First Banking: Fiserv To Buy FinTech Ondot Systems; ESL Federal Now Live On...
December 17, 2020

In today’s top news in digital-first banking, Fiserv has signed a definitive deal to purchase Ondot Systems, while Welcome Technologies has chosen payments credit union service organization (CUSO) PSCU to provide processing services and support. Plus, ESL Federal Credit Union has gone live with real-time payments...

International
Today In Payments Around The World: British FinTech GoCardless Notches $95 Million; Australia’s Openpay Rolls...
December 17, 2020

In today’s top payments news around the world, British FinTech GoCardless has landed $95 million in a Series F funding round, while Australian buy now, pay later (BNPL) firm Openpay has officially launched in the U.S. Plus, WeDoctor is said to be still getting ready for...

Payment Methods
Adyen Teams With Flywire To Advance Vertical Payments Worldwide
December 17, 2020

Global payments platform Adyen is teaming up with the vertical payments startup Flywire to support the expansion of payments and receivables around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...