News

Retail
Best Buy Begins Offering Tiered Memberships
June 27, 2023

Best Buy has officially launched its new three-tiered membership program to entice cost-conscious shoppers. 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...

Payments Innovation
Tokenized Payment Networks Empower Businesses and Consumers With Enhanced Security
June 27, 2023

The digitization of the payment landscape brings with it both opportunity and challenges. 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....

Point of Sale
Flatpay Raises $16 Million for Flat-Rate POS Technology
June 26, 2023

Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and continue its product development. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Kering Acquires Luxury Fragrance House Creed 
June 26, 2023

Kering, the French luxury brand, said Monday it has acquired Creed, the high-end niche fragrance house. Prior to this acquisition, Creed was under the ownership of BlackRock Long Term Private Capital Europe and its chairman, Javier Ferrán.  Get the Full Story Complete the form to...

Investments
Odoo Receives $164 Million to Expand Business Software Suite Globally
June 26, 2023

Odoo has received a strategic investment of 150 million euros (about $164 million) to continue its global expansion. 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...

IPO
Cava Listing Heralds Potential IPO Market Rebound
June 26, 2023

Following a listing by restaurant group Cava, the American market is hungry for IPOs. 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...

Retail
Blue Apron CEO: Meal Kits Now Prioritize Long-Term Profitability Over Immediate Growth
June 26, 2023

As meal kit providers look to weather the challenges of inflation, many have been forced to rethink their business models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Singapore’s Traveler Shopping App utu Raises $33 Million and Acquires CardsPal
June 26, 2023

Singapore’s utu has raised $33 million and acquired the rewards platform CardsPal. 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...

Investments
UK FinTech TreasurySpring Raises $29 Million to Grow Fixed-Term Fund Platform
June 26, 2023

TreasurySpring has secured $29 million to grow its fixed-term fund (FTF) platform. 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...