Shopify has added Melio’s B2B embedded finance offering to its commerce platform. This collaboration has created an integrated accounts payable (AP) solution called Shopify Bill Pay that enables merchants to pay and manage bills from vendors and contractors through the same Shopify admin they use...
Super.com has raised $85 million in a Series C round to grow its savings super app. The firm will use the new funding to continue to scale its product and engineering resources, add new features to the super app and expand the ways in which...
Artificial intelligence (AI) company Sensory has brought ChatGPT-like technology to devices without screens or keyboards. The Santa Clara, California-based firm announced Monday (April 24) in a press release emailed to PYMNTS a new integration that lets ChatGPT and other large language models drive conversational voice...
Plant enthusiasts, gardeners and landscapers consider visiting a nursery in person as a necessity when it comes to selecting plants, shrubs, and trees. It allows them to inspect the plant up close, examine the leaves, and check for any signs of damage or disease. They...
Back in January, Cudoni, a startup based in London, added eBay to its roster of investors with a $9 million fundraise. Today, the company no longer exists. The company stated that the present economic situation has made it unfeasible to continue its operations. The move...
Italian luxury brand Valentino has seen sales rise thanks to its directly-owned stores. As Reuters reported Monday (April 24), Valentino enjoyed an 18% increase in core profit for last year, with sales climbing 10% at constant currencies. The company said sales in the shops it...
Luxury retailer LVMH’s market value has surpassed $500 billion in a first for European firms. The milestone, observed Monday (April 24) in multiple media accounts, comes weeks after the company reported a leap in sales driven by shoppers in China. The company — owner of...
Shifting preferences favoring transaction speed and ease have led many organizations to move toward faster payment methods. In fact, 54% of North American businesses say payment speed is a primary reason for adding digital payment options at all. Especially with lingering inflation and economic uncertainty...
The chief executive and CFO of Silicon Valley Bank’s parent company have stepped down. Gregory Becker, CEO of SVB Financial Group, resigned from that role April 19 and from the company’s board, according to a recent regulatory filing, while chief financial officer Daniel Beck left...
