FinTech payments firm WEX is closing a deal to acquire business-to-business (B2B) travel payments startup eNett and B2B optimization company Optal, WEX announced on Friday (Jan. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cash flow management remains a major headache for small companies of all kinds, preventing many firms from making payroll, paying bills or even staying in business. Getting a handle on cash flowing in through accounts receivable (AR), and money flowing out through payroll and accounts...
Corporate finance professionals are split on the future of the U.S. economy. 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...
While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of...
German smartphone bank N26, valued at $3.5 billion by investors, now has 5 million customers, co-founder Valentin Stalf said. Berlin’s most valuable FinTech startup grew from the 3.5 million users it reported in the summer of 2019. Get the Full Story Complete the form to...
The U.S. is moving to get tough on the sale of counterfeit merchandise online, notifying eCommerce marketplaces and warehouses that they will get hit with fines if they don’t pull knockoffs out of circulation, The Wall Street Journal reported. Get the Full Story Complete the...
Mercari, the flea market app in Japan with nearly 15 million users, announced Thursday it is purchasing Origami, a payments platform also in Japan. The purchase amount is undisclosed, according to DealStreetAsia. Get the Full Story Complete the form to unlock this article and enjoy...
In a setback to Takeaway.com’s purchase of Just Eat, Britain’s competition watchdog has launched a probe into the buyout, delaying the multi-billion dollar deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
While there was no shortage of goings on this week, the eyes and ears of the payments, commerce and finance enthusiasts were more likely trained on the goings on in a bucolic Swiss mountaintop city named Davos. There in Davos, bankers, financiers, technologists, legislators, regulators...