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Investments
BNPL Sezzle Raises $55M
July 13, 2020

Minneapolis-based buy now, pay later (BNPL) firm Sezzle has raised $55 million in its latest capital round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Online Marketplace Tradeling Offers Revolving Credit For SMBs
July 13, 2020

Electronic marketplace Tradeling is launching a new credit facility for small- to medium-sized business (SMB) buyers, partnering with United Arab Emirates (UAE)-based Invoice Bazaar, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
NYMBUS Partnership With Payrailz Could Help Banks Digitize Faster
July 13, 2020

Financial services platform NYMBUS announced a partnership with digital payments company Payrailz to help more financial institutions (FIs) quickly transition to digital banking services, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Robotic Process Automation Tech Firm UiPath Notches $225M
July 13, 2020

As it looks to develop its hyperautomation technology, robotic process automation (RPA) company UiPath has notched $225 million in an Alkeon Capital Management-led Series E investment round at a $10.2 billion post-money valuation. Sequoia Capital, Coatue and Accel were among the other firms participating in the round,...

B2B Payments
B-North Chooses Wiserfunding To Help Grade SMB Risk
July 13, 2020

As an important part of its underwriting strategy, B-North has teamed with Wiserfunding for small- and medium-sized business (SMB) credit risk assessment. The relationship will assist the lender in having greater confidence in evaluating SMB credit profiles and also help its underwriters in arriving at...

Investments
Robinhood Raises $320M, Valuation Hits $8.6B
July 13, 2020

Commission-free online brokerage Robinhood said Monday (July 13) that it has added $320 million to a funding round disclosed in May, bringing the total for the round to $600 million and producing a valuation for the company of $8.6 billion, according to a blog post....

International
MUFG Shifts Focus To Digital Investments To Grow Customer Base
July 13, 2020

Once on a mission to buy up Southeast Asian banks, Japan’s biggest lender is now focused on digital investments to reach new customers and streamline operations, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Coca-Cola Serves Up Contactless ‘Pour By Phone’ Feature
July 13, 2020

Contactless payments have been available since the mid-1990s, but the coronavirus has put the technology in the forefront. 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...

News
Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips...
July 13, 2020

In today’s top news, the OCC says bank regulation waivers will not continue indefinitely, and smartphone sales have dropped 16 percent in China. Plus, 80 percent of medical practices have been hit with cyberattacks. Get the Full Story Complete the form to unlock this article...