pymnts Profile:
OfferUp
Launched in 2011 by Nick Huzar, former co-founder and CTO of Konnects, Inc., and Arean van Veelen, OfferUp is a mobile-driven local marketplace that competes with companies such as eBay, Craigslist and Facebook Marketplace.
Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
November 7, 2023
The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to browse. Fortunately, PYMNTS has you ...Read moreShein and Walmart Vie for Top Spot on Provider Ranking of Shopping Apps
October 16, 2023
This month in PYMNTS’ Provider Rankings of Shopping Apps we see Walmart climbing to the top, giving Shein something to fight for. We also see double ties in our lower half but ...Read morePYMNTS Provider Ranking Rates Top Shopping Apps Defining Retail
September 12, 2023
The PYMNTS Provider Ranking of Shopping Apps showcases the top-performing apps transforming the shopping experience. This month, there are four ties, and Shein finds itself back in first place. The Top 5 Shein ...Read moreAs Summer Wanes, Shein Shines Atop Shopping App Rankings
August 14, 2023
Back to school looms, and shopping — for now, at least — revolves around backpacks, Chromebooks, fall fashion, sneakers and, possibly, stocking up on dorm room snacks. And for the key ...Read moreProvider Ranking of Shopping Apps Shows Brands Hunkering Down for Summer
May 31, 2023
You may have clicked this link looking for radical changes of position in PYMNTS’ Provider Ranking of Shopping Apps. Sorry to disappoint, but this is not the month for rank changes. In ...Read moreShein Hauls Its Way to Top of Provider Ranking of Shopping Apps Again
May 8, 2023
Been shopping lately? It’s pricey out there. The wise shopper is prepared, and the PYMNTS Provider Ranking of Shopping Apps indicates how those wise shoppers save. Putting our money where our ...Read moreProvider Ranking of Shopping Apps Goes on a Spree of Small Changes
March 20, 2023
What’s better than a shopping app? Air. Maybe. See if you don’t agree after perusing this month’s latest listings to see who’s got the mobile shopping mojo. The Top 5 Still at ...Read moreSHEIN and Walmart Share Top Spot Among Shopping Apps Rankings
December 8, 2022
In the latest Provider Ranking of Shopping Apps, we find three ties among 13 different retailers, including a neck-and-neck race to claim the top spot and some churn at the bottom ...Read moreNew Shopping App Provider Ranking Packs In Deals and More Deals
May 19, 2022
Inflation, schmiflation. People purchase the things they need and want regardless of macroeconomic headwinds and anything else that gets between us and our stuff. Witness the latest PYMNTS Provider Ranking of ...Read moreShopping Apps Provider Ranking All Trading Places and Some Returning Faces
April 19, 2022
Lots of movement in PYMNTS Provider Ranking of Shopping Apps this cycle, which we take as a positive sign that despite inflation and war and pandemics, people still want that ...Read more

Swap Raises $100 Million to Expand Global Commerce Solutions Platform
January 8, 2026
Swap raised $100 million in a Series C funding round to continue expanding the capabilities and reach of its global commerce solutions platform. The platform was initially focused on returns but ...Read moreCiti and PYMNTS Launch ‘From the Block’ Podcast: Straight Talk on Digital Assets
January 8, 2026
PYMNTS and Citigroup are launching a weekly podcast series aimed at giving corporate leaders practical guidance on stablecoins and tokenized real-world assets. The first episode will debut Tuesday (Jan. 13). Called ...Read moreZilch Plans to Acquire Fjord Bank to Accelerate European Expansion
January 7, 2026
Consumer payments platform Zilch plans to acquire Fjord Bank to gain a European banking license that will enable Zilch to accelerate its expansion across Europe. The transaction is expected to close ...Read moreTokenized Deposits Steal Stablecoin Buzz — and the Business Model
January 6, 2026
In 2026, tokenized bank deposits overtake stablecoins as the preferred on-chain dollar for institutional and wholesale money, not because stablecoins disappear, but because banks turn deposits into programmable infrastructure without ...Read moreMastercard and QNB Group to Expand Digital Payments in Syria
January 5, 2026
Mastercard has granted a license to QNB Group, the largest financial institution in the Middle East and Africa, to extend its issuing and acquiring activities in Syria, a move intended ...Read moreLatin America FinTechs Expand Despite Regional Volatility
January 5, 2026
Latin America has captured an outsized share of global attention in recent weeks as geopolitics, elections and monetary pressures sharpen focus on emerging markets. Despite the volatility in the region, however, ...Read morePYMNTS’ 2025 Healthcare Coverage Followed the Money and the Friction
January 1, 2026
Healthcare is not typically filed under “payments innovation.” But across 2025, PYMNTS’ reporting treated the sector less like a purely clinical domain and more like a sprawling, regulated marketplace where the ...Read moreWallets Become the Default Front Door to Global Payments
January 1, 2026
Digital wallets did not suddenly transform money movement in 2025. They did it quietly, one use case at a time. At the start of the year, wallets were still widely framed ...Read moreUptime Becomes the New Test of Digital Trust
December 26, 2025
The story of digital transformation across the Connected Economy™ is becoming inextricably tied to expectations around uptime. Whether the system in question is a cloud platform, a payments network or even ...Read moreVisa Says $11 Trillion in Cash Signals Massive Digital Opportunity
December 17, 2025
Predictions of a cashless world have circulated for decades, yet physical money continues to anchor daily commerce across much of the globe. Visa’s 2026 outlook highlighted just how large that footprint ...Read more
CES Spotlights B2B Tech Driving Next Industrial Era
January 6, 2026
By now, the consumerization trend of the B2B space is old news. But if the 2026 edition of the Consumer Electronics Show (CES) is any indication, the tides of innovation ...Read moreFed Draws a Hard Line Between Payments and Banks
January 6, 2026
Connection to the Federal Reserve has always meant more than mere plumbing. It is the difference between operating at the edge of the financial system and being wired into its core, ...Read morePYMNTS’ 2025 Healthcare Coverage Followed the Money and the Friction
January 1, 2026
Healthcare is not typically filed under “payments innovation.” But across 2025, PYMNTS’ reporting treated the sector less like a purely clinical domain and more like a sprawling, regulated marketplace where the ...Read moreThe PYMNTS Intelligence Personas Shaping 2026, From Adaptive CFOs to Strategic Movers
December 18, 2025
The story of enterprise transformation in 2025 wasn’t just about technology but about who was making the decisions. Not all companies are moving at the same speed or with the same ...Read moreBanks Abandon Lift and Shift for Cloud-Native Payments
December 16, 2025
Watch more: Live Roundtable: AWS and Form3’s Mark Smith and Mark Fieldhouse The cloud hasn’t just modernized payments. It’s made them programmable. The institutions embracing that shift are accelerating faster than anyone ...Read moreThis Time Last Year: How 2025 Reshaped the AP/AR Innovation Cycle
December 1, 2025
The innovation curve in B2B payments used to be measured in decades. Not years. But the key words here are “used to be.” As 2025 enters its final month, the distance ...Read moreInstant Payouts and Smarter Credit Give Payments a Thankful 2025
November 26, 2025
Thanksgiving invites a pause, a chance to acknowledge progress in a year that has been unpredictable for consumers and businesses. Across the payments, banking and FinTech sectors, 2025 delivered real advances ...Read moreA New Stage for Big Conversations: The Story Behind CHNGNetwork
November 26, 2025
Professionals in payments, FinTech and the digital economy already face crowded calendars and a nonstop flow of industry information. Conferences often promise insight but often deliver conversations heavy on sales and ...Read moreCEOs Team With CFOs to Turn Payments Into Source of Strategic Advantage
November 18, 2025
Watch more: How B2B Innovation Drives the Smart Economy While 2024 may have been governed by the economic and strategic priorities of the chief financial officer, 2025 is putting greater accountability ...Read moreAI Startup in Infrastructure and Agentic Systems Continues to Draw Funding Surge
November 17, 2025
The volume and scale of startup funding this week indicates that even with broader macro concerns, investors continue to deploy capital into artificial intelligence (AI) products that solve immediate business ...Read more
Senate Bill Would Extend National Quantum Initiative and Expand Its Activities
January 8, 2026
A bipartisan group of United States senators introduced a bill Thursday (Jan. 8) that would extend the National Quantum Initiative (NQI) by five years and expand its activities. The NQI was ...Read moreNeurosymbolic AI Aims to Make AI Safe for the C-Suite
January 8, 2026
Limitations of large language models have become harder to ignore as their adoption spreads into regulated and safety-critical environments. Hallucinations, weak causal reasoning and opaque decision paths have made many ...Read moreRetail Media Networks Turn Data and AI Into Growth Engines
January 8, 2026
Retail media networks are moving from the margins of advertising strategy to the center of how brands and retailers compete, as data and media increasingly converge to shape consumer experiences ...Read moreJPMorgan’s Proxy Shift Signals AI’s Expanding Beachhead
January 7, 2026
Artificial intelligence’s most visible applications might arguably be chatbots and customer service experiments. However, AI is steadily finding inroads into the operational core of financial services, reshaping how banks analyze information, ...Read moreOpenAI Says AI Will Help Handle Household Chores
January 7, 2026
Some people worry that artificial intelligence will replace them at their jobs. But OpenAI’s chief economist said AI will soon help people with the jobs they do at home. Aaron “Ronnie” Chatterji ...Read moreRazer Spends $600 Million to Sharpen Focus on AI Gaming
January 6, 2026
Gaming company Razer is reportedly in the midst of an expansive revamp based around artificial intelligence. As part of the realignment, the company is rolling out new products for consumers and ...Read moreMeta Pauses International Smartglasses Launch
January 6, 2026
Meta is pushing back the worldwide launch of its smartglasses amid steep U.S. demand. “Meta Ray-Ban Display is a first-of-its-kind product with extremely limited inventory,” the company wrote on its blog ...Read moreSmart Ring Shipments Projected to Jump 49%
January 5, 2026
Smart rings are reportedly going from niche gadgets to mainstream health/wellness products. The category is on pace for a 49% increase in shipments for 2025, Bloomberg News reported Monday (Jan. 5), ...Read moreOpenAI Debuts Audio AI Models Ahead of New Personal Devices
January 2, 2026
OpenAI is reportedly improving its audio artificial intelligence (AI) models because it expects users of future personal AI devices to communicate with them through voice commands rather than via a ...Read moreBusy Year in Big Tech Regulation May Have Been a Warm Up for 2026
January 1, 2026
A new presidential administration in the United States and a new executive commission in the European Union transformed technology regulation in 2025. They each had different views from their predecessors on ...Read more