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, 2023The 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, 2023This 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, 2023The 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, 2023Back 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, 2023You 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, 2023Been 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, 2023What’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, 2022In 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, 2022Inflation, 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, 2022Lots 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

Bank of America Focuses on Turning Payments Breakthroughs Into Consumer Habits
July 14, 2025Watch more: Bank of America on Turning Payments Breakthroughs Into Habits From QR codes and tokenized wallets to instant settlement networks and blockchain rails, the technological underpinnings of payments are evolving ...Read moreThe Five Rules of Engagement for Gen Z Spending and Payments
July 14, 2025Generation Z is rewriting the rules of engagement for the financial services sector. Full stop. As the first true digital natives, their expectations, spending patterns and banking preferences are shaping ...Read morePrivate Sector Takes Note as Feds Hit Fast-Forward on Digital Disbursements
July 10, 2025The United States government, the world’s largest payer, is on the cusp of a dramatic digital transformation. By Sept. 30, 2025, the federal government will cease issuing paper checks for disbursements, ...Read moreDigital Wallets Unite Banks and FinTechs in Latin America’s Inclusion Push
July 8, 2025Watch more: Latin America’s Digital Wallet Surge Forces Banks to Expand Financial Inclusion Latin America, long perceived as a region where cash was king and financial innovation moved at a deliberate ...Read more76% of Consumers Now Own Four or More Connected Devices
July 8, 2025The way people use technology is changing, creating a complex situation for banks and retailers. Even though more devices are connected, many people are happy with the basic technology they have. ...Read moreB2B Companies Set to Disrupt Payments Tech Stack
July 8, 2025B2B companies want a simple, secure, consumer-like digital payments experience, Greg Castro, president of PayTrace by North, writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.” PayTrace ...Read morePayment Friction Taps the Brakes on Digital Growth in Brazil
July 7, 2025Brazil has become a global leader in mobile shopping adoption, with its consumers consistently demonstrating high engagement in digital commerce activities. The 2025 Global Digital Shopping Index: Brazil edition, commissioned ...Read moreTelehealth Popularity Pressures Providers to Modernize Patient Payments
July 4, 2025Telehealth has cemented itself as a standard delivery channel in U.S. healthcare, especially among young generations. However, while care has gone digital, payment systems largely have not. For providers, this growing ...Read moreContingent Workers Spark Need for Agile Workforce Payments
July 2, 2025As companies expand their global contingent workforce, efficient cross-border payments become essential, Papaya Global Chief Product Officer Amit Levi writes in in a new PYMNTS eBook, “Halftime 2025: Charting the Future ...Read moreKlar Raises $190 Million as Latin America Goes Cashless
July 1, 2025Mexican FinTech Klar has reportedly raised $190 million in new funding. The company’s Series C round, led by private equity firm General Atlantic, values Klar at more than $800 million, Bloomberg ...Read more
Bank of America Focuses on Turning Payments Breakthroughs Into Consumer Habits
July 14, 2025Watch more: Bank of America on Turning Payments Breakthroughs Into Habits From QR codes and tokenized wallets to instant settlement networks and blockchain rails, the technological underpinnings of payments are evolving ...Read moreInnovation Used to Be About Generations. Gen AI Makes It About Everyone
July 7, 2025For many Americans, saving money at the grocery store was once a Sunday evening ritual. Out came the scissors and spreadsheets to clip coupons from the Sunday papers stuffed with ...Read moreAPI Strategy Looms Large in Back Half of 2025
July 7, 2025As firms consolidate and specialize, they need innovative payment solutions, Maverick Payments VP of Product Justin Downey writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.” The ...Read morePayment Hubs Rescue Banks From $100 Million Digital Payments Chaos
July 3, 2025The bar for payment experiences — and consumer expectations — has been raised by FinTechs and digital-first challengers, making frictionless transactions a staple of everyday life. The PYMNTS Intelligence report “Moving ...Read moreBarbie Gets a Brain: OpenAI Partnership Puts Conversational AI in Mattel Toys
June 28, 2025Hot Wheels and Barbie’s Dreamhouse just got a software update. Mattel, the toy giant that has been shaping childhoods for generations, announced in a June 12 press release a headline-grabbing partnership ...Read moreGerman Data Protection Authority Asks Apple and Google to Stop Distributing DeepSeek App
June 27, 2025A German data protection authority regulator said Friday (June 27) that she told Apple and Google that the DeepSeek artificial intelligence-powered chatbot app is “illegal content” and that the companies ...Read moreGoogle Launches Virtual Try-On App Featuring AI-Generated Videos
June 27, 2025Google launched an experimental app Thursday (June 26) that lets users not only virtually “try on” outfits but also see themselves in motion while wearing them. The new Doppl app from ...Read moreSalesforce Says AI Is Doing 30% of Its Coding and Customer Service
June 26, 2025Artificial intelligence is doing 30% to 50% of the work at Salesforce when it comes to engineering, coding, support and service, according to CEO Marc Benioff. That share will continue to ...Read moreSpinwheel Raises $30 Million to Power Consumer Credit Data Platform
June 26, 2025Consumer credit data platform Spinwheel raised $30 million in new funding. The company’s Series A round will help Spinwheel accelerate the development of its agentic artificial intelligence capabilities, according to a ...Read moreLegacy Infrastructure Won’t Cut It in a Pay-by-Bank World, Says Nuvei
June 26, 2025Watch more: Legacy Infrastructure Won’t Cut It In a Pay By Bank World, Says Nuvei For businesses of all sizes, from agile startups to sprawling enterprises, cash flow is the lifeblood ...Read more
Google Adds Agentic AI Capabilities to Timesketch Cybersecurity Platform
July 16, 2025Google is adding agentic artificial intelligence capabilities to Timesketch, its open-source collaborative digital forensics platform used for cybersecurity. “Powered by Sec-Gemini, Timesketch will accelerate incident response by using AI to automatically ...Read moreGoogle Adds AI-Powered Local Business Calling to Search
July 16, 2025Google is expanding its artificial intelligence capabilities in Search by rolling out a new, free feature that lets it call local businesses on the user’s behalf to do things like ...Read morePartnerships Become Strategic Reset as ISV Growth Slows
July 16, 2025Watch more: Stax Turns People Power Into Competitive Advantage as Margins Tighten In payments, innovation is both currency and challenge, and distinguishing oneself from the ever-growing crowd of FinTech disruptors and ...Read moreCoupa Pushes AI to Transform Spend Management for CFOs
July 16, 2025Payments executives are looking to AI for spend management and fraud detection, Coupa GM and SVP of Payments, Treasury and Supplier Services Bill Wardwell writes in a new PYMNTS eBook, “Halftime 2025: ...Read moreGoogle, Meta and Others Pledge Billions of Dollars to Build AI Data Centers
July 15, 2025Google, Meta, Blackstone and CoreWeave are planning to collectively spend hundreds of billions of dollars to build data centers for artificial intelligence, as the arms race heats up to build ...Read moreGoogle Ventures-Backed OpenEvidence Raises $210 Million for AI Medical Search Platform
July 15, 2025OpenEvidence raised $210 million in a Series B funding round to expand the content partnerships that enhance its medical search and artificial intelligence application for physicians. The company’s clinical decision support ...Read moreBNY Says 96% of Employees Use In-House AI Platform
July 15, 2025BNY has seen nearly all its employees adopt the bank’s artificial intelligence platform, Eliza, and the bank expects the technology to help them serve clients and grow the company. The bank ...Read moreiPhone Sales in China Dip Amid Larger Smartphone Market Contraction
July 15, 2025China’s smartphone market has begun to dip following six straight quarters of growth. The International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker found that China’s smartphone market shipped 69 million ...Read moreTrump Poised to Share Plans for ‘Winning the AI Race’
July 15, 2025President Donald Trump is reportedly planning a speech on America’s artificial intelligence plans, Bloomberg reported Tuesday (July 15), calling the address Trump’s “biggest statement” on AI. The speech is scheduled to happen ...Read moreZestyAI Unveils Regulatory Research Tool Zorro Discover
July 15, 2025ZestyAI debuted Zorro Discover, an artificial intelligence agent designed to provide insights into regulatory filings, according to a Tuesday (July 15) news release. “Regulatory research remains one of the costliest inefficiencies ...Read more