U.K.-based FinTech SumUp, which helps small to medium-size businesses (SMBs) take card payments, has acquired Shoplo, a multichannel eCommerce platform. The move was a bid to expand its reach and to provide its merchants entry into different online marketplaces like eBay, Etsy and Facebook, according...
Swiggy, a food delivery app in India, will be rolling out a new feature called “Swiggy Stores,” which will include general deliveries of grocery and other items beyond just food, according to a report in TechCrunch. Get the Full Story Complete the form to unlock this...
General Motors’ financing unit, General Motors Financial, is teaming up with Spring Labs, a blockchain company, to create identity verification solutions. 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...
DoorDash, the food delivery startup, is gearing up to raise about $500 million, giving the company a valuation of higher than $6 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
From consumer packaged goods (CPG) to technology, companies in all sorts of industries are adopting the subscription business model. But, despite the differences in their offerings, merchants that offer subscriptions share similar challenges: They must provide a smooth process for product delivery and payment acceptance....
Bars, breweries and bowling alleys may serve up drinks and experiences, but they don’t always have kitchens to prepare meals or bar bites for customers. “When it comes to food, they kind of struggle to provide that amenity to their customers,” Nick Anastasiades, CEO and...
Even with the liquidation of Toys R Us operations in the U.S., Australia and the U.K., parts of the business in other regions are still active and purchase goods as well as pay royalties to Tru Kids. Now, the company is looking to restart the...
Heading toward potentially becoming a public company, Peloton Interactive Inc. is reportedly talking with banks about an initial public offering (IPO). The company is seeking a debut in the latter half of the year, The Wall Street Journal reported. Get the Full Story Complete the...
Crate and Barrel is partnering with home services platform Handy to offer furniture assembly and home decor installation throughout the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
