News

B2B Payments
India’s Online B2B Marketplace Beldara To Expand Globally
January 19, 2020

Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said on Thursday (Jan. 16). The two-year-old startup connects more than 5,000 brands in 30 categories, and has 450,000 products listed on its platform. Get...

B2B Payments
Cannabis Startup Eaze Struggles To Pay Vendors
January 19, 2020

Once calling itself the “Uber of pot,” Silicon Valley cannabis startup Eaze is struggling to pay vendors as it searches for a new round of funding, reports said on Thursday (Jan. 16). Backed by roughly $166 million in funding, Eaze is looking for a $35...

B2B Payments
New Orleans Hack Causes Vendor Payment Delays
January 19, 2020

The computer system at New Orleans City Hall is still on the fritz following a cyberattack on Dec. 13 that has stalled vendor payments. It will cost more than $7.2 million and take as long as eight more months to repair, according to reports last...

Security & Fraud
The Rise Of Organized — And Disorganized — Crime In Physical Retail
January 18, 2020

They say the perfect crime is hard to commit, but last week in Spokane, Washington an intrepid burglar managed to pull it off at the Yuppy Puppy pet store, according to local law enforcement officials. The burglar, according to surveillance video, managed to break into...

Partnerships / Acquisitions
Car Marketplace CarGurus Has Acquired Autolist
January 17, 2020

CarGurus, an auto marketplace based in Boston, has acquired car shopping platform startup Autolist, according to reports. Autolist is based in San Francisco, and the terms of the deal were not revealed. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
AvidXchange Gets $260M In Financing Round
January 17, 2020

Accounts payable (AP) and payment automation solution company AvidXchange has raised $260 million in equity capital in a financing 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...

News
Visa’s Plaid FinTech Play, RTP And BNPL Top This Week’s News
January 17, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have a deep dive into real-time payments and news on Visa‘s FinTech play with Plaid and insight into...

Delivery
DoorDash Overtakes GrubHub As Top Delivery Service
January 17, 2020

DoorDash has overtaken GrubHub as the No. 1 food delivery service in the U.S., according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Retail Numbers Underscore US Consumer/eCommerce Strength
January 17, 2020

Three in a row. 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 form, you agree to receive marketing...