News

Investments
Funding Pushes TripActions Travel Booking Service To $4B Valuation
June 28, 2019

Business travel platform TripActions has announced it has raised $250 million in Series D funding, bringing the company’s valuation to $4 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
WeGift Raises £4M In Funding To Boost Expansion To US
June 28, 2019

Digital rewards platform WeGift announced that it has raised £4 million (nearly $5.07 million USD) in Series A funding, led by Fred Destin at Stride.VC, who is also joining the company’s board of directors. Additional high-profile investors included SAP.iO and Unilever Ventures, as well as...

POS Innovation
myPOS Launches Its First Store In Belgium
June 28, 2019

European payments provider myPOS announced that it has opened a store in Antwerp, Belgium. 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...

Partnerships / Acquisitions
European Laundry Startups Merge To Dominate UK Market
June 28, 2019

Laundry service startup Laundrapp announced that it has merged with its biggest competitor, Zipjet, to become the largest on-demand laundry service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Walmart Expands Next-Day Delivery
June 28, 2019

Walmart is expanding its next-day delivery service before the start of back-to-school shopping season. 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...

B2B Payments
Solving B2B’s Back-Office (Digital Payments) Challenge
June 28, 2019

Banks and FinTech firms can leverage technology to bring B2B payments into the digital realm and to stop fraud before it happens. Easier said than done, at least In terms of tech deployments amid fragmented ERP and accounting systems. However, as Bill Wardwell, VP of strategy at...

Banking
EU Banks Fast-Track Instant Payments Post Libra Launch
June 27, 2019

In light of competition from Facebook and other tech firms and banking firms, the European Union could potentially have a real-time payments system in place by 2020, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and...

Investments
Grab Raises Another $300M To Accelerate SE Asia Expansion
June 27, 2019

Southeast Asia’s largest ride-hailing company, Grab, has raised $300 million from Invesco, an asset manager, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Partnerships / Acquisitions
IBM, Red Hat Deal Gets Go-Ahead From Brussels
June 27, 2019

Removing a hurdle for a large acquisition, Brussels has reportedly approved the $34 billion takeover of open-source software firm Red Hat by IBM. Antitrust officials in the European Union had considered concerns that the move could degrade service to competing products, or could reduce the...