Indonesian payment processor Payfazz has secured $53 million in Series B funding, numerous media outlets reported Monday (July 6). 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...
Discover Financial Services has launched a $5 million program targeting Black-owned restaurants. The move comes against the backdrop of the COVID-19 economic crisis and the Black Lives Matter protests that have swept the country. Get the Full Story Complete the form to unlock this article...
Call it a real-life version of Pac-Man. Word emerged on Monday (July 6) that Uber is buying Postmates for nearly $2.7 billion in stock – the latest acquisition on a journey that looks to see who will get the biggest the fastest in the food delivery world....
Paytm, the eCommerce payment system and financial technology company based in India, has announced plans to purchase Raheja QBE General Insurance Co. Ltd. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When the digital economy started to reduce jobs in some areas and create them in others, a more robust “gig economy” developed. All of a sudden, it seemed, being a free agent was cool. Side hustles were in. Uber drivers were freelance writers. Freelance writers...
The death knell for malls tolled loudly in the media during the Fourth of July weekend as retailers continue to assess their long-term prognosis from the pandemic damage. More bankruptcies both announced (Lucky Brand) and rumored continue to shake the format. Get the Full Story...
Amid its ongoing digital commerce transformation, Sally Beauty Holdings Inc. reported third-quarter digital growth of 278 percent over the prior year. The beauty retailer also reported 555 percent digital growth in Sally U.S. & Canada (part of SBS) and 163 percent growth in Sally Europe...
Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent difficulties with the inclusion of the pandemic. The retailer said it has received new financing commitments that will offer enough...
A baker’s working hours are anything but the ordinary nine-to-five. 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 our daily newsletter, PYMNTS Today. By completing this...
