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

The Construction Problem Few Talk About. Payment Delays
March 5, 2026
The construction industry builds skylines, bridges and critical infrastructure, yet its own critical financial infrastructure often runs on outdated payment practices. Findings in the February 2026 edition of the B2B and ...Read moreIndia’s PhonePe Aims For $10.5 Billion Valuation in IPO
March 4, 2026
Indian payments platform PhonePe reportedly hopes to go public at a valuation of $9 billion to $10.5 billion. This indicates that the Walmart-backed company will raise around $900 million to $1.05 ...Read moreMerchants Start Chasing High Approvals Instead of Low Fees
March 4, 2026
Watch more: Need to Know With North’s Suril Patel When merchants viewed payments solely through the lens of cost, they typically looked for as little cost as possible. But that one-dimensional calculus ...Read moreRipple Payments Expands Digital and Fiat Cross-Border Rails
March 3, 2026
Ripple Payments now allows customers to collect, hold, exchange and payout in both fiat and stablecoins. The platform also enables customers to provision named virtual accounts and wallets, automate collection flows, ...Read morePayPay Aims to Raise $1.1 Billion in US IPO
March 3, 2026
PayPay reportedly hopes to raise up to $1.1 billion when it goes public. That’s according to a report Tuesday (March 3) from Bloomberg News, which says it would be the largest ever initial public ...Read moreMaking Digital Payments Feel Human Is Next Competitive Edge
February 27, 2026
Watch more: What’s Next in Payments With Paymentus’ Nicole Haskins The FinTech landscape has overindexed on innovation. But in an operational landscape defined by automation, predictive analytics, and invisible payments, the ...Read moreInteroperability Is Missing Layer Connecting Blockchains to Merchant Systems
February 25, 2026
Interoperability in crypto payments has long been discussed as a technical aspiration. Over the past several months, it has started to look more like a commercial necessity. As stablecoins and digital ...Read moreSmall Businesses Signal It’s Time to Move Beyond Checks, PYMNTS–Mastercard Report Finds
February 25, 2026
Small to mid-sized businesses (SMBs) are approaching a practical turning point in how they pay. Cash and checks still play an outsized role in day-to-day operations, especially for supplier and ...Read moreStripe and PayPal Combination Would Reorder the Payments Landscape
February 24, 2026
Tuesday (Feb. 24) marked a potentially seismic day in the payments industry. Rumors of Stripe’s interest in PayPal emerged after hours on Tuesday, initially reported by the likes of Bloomberg, with ...Read moreAnalysts Say PayPal Stock Slump Makes It Takeover Target
February 23, 2026
PayPal Holdings has met with banks at a time when it is seeing unsolicited interest from would-be buyers, Bloomberg reported Monday (Feb. 23), citing unnamed sources. The company is drawing takeover ...Read more
FinTechs Target Budget Stress to Meet Affordability Crisis
March 4, 2026
There’s an affordability crisis rocking households in the United States. Housing, insurance, healthcare, childcare, transportation and other categories once expected to scale gradually with income have instead shifted upward in step ...Read moreAI Agents Start Shopping and Payments Firms Adapt
February 26, 2026
Watch more: What’s Next in Payments With FIS’ Mladen Vladic Innovation in payments has historically followed a bottom-up adoption curve. Niche players test, incumbents wait, standards emerge, and scale follows. Agentic commerce, a ...Read moreUS and Canadian Middle-Market Firms Gain Working Capital Edge With AI Cash Forecasting
February 19, 2026
Cash is king when uncertainty reigns. But for many firms, profit is not disappearing due to macroeconomic forces alone. In many cases, it is being forfeited through slow processes, limited ...Read moreCash App Debuts Payment Links to Make P2P Less Formal
February 11, 2026
Cash App introduced a peer-to-peer payment feature designed to simplify money requests. The company’s new payment links service lets customers generate shareable Cash App payment request links that can be sent ...Read moreNearly Two-Thirds of Credit Unions Turn to FinTechs to Upgrade Core Products
February 6, 2026
Not long ago, FinTechs and credit unions often approached each other from opposite sides of the same market. Today, they increasingly meet in the middle, trading rivalry for collaboration as both ...Read moreSupply Chain Stress Forces Buyers and Suppliers to Rethink Payment Terms
January 29, 2026
Watch more: Need to Know: Boost Payment Solutions’ Daniel Artin B2B payments typically arrive with invoice and remittance data, not fanfare. These fundamental value transfers are largely invisible to anyone outside finance ...Read moreCES 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 more
Bankers Tell Lawmakers Fraud Is Growing Faster Than Defenses
March 5, 2026
Bank executives appearing before a House Financial Services subcommittee Thursday (March 5) delivered a blunt message. Financial fraud has become more sophisticated, more coordinated and more difficult to contain, even as ...Read moreApple Slashes Entry Price With MacBook Neo
March 4, 2026
Apple unveiled a new laptop Wednesday (March 4) that it said offers the Mac experience at a “breakthrough price” that starts at $599 for consumers and $499 for students. The MacBook Neo features ...Read moreAI Data Centers Starve Budget Smartphones of Memory Chips
March 2, 2026
The artificial intelligence industry is causing a shortage of memory chips needed by the smartphone industry even as AI features become part of the latest mobile devices, Bloomberg News reported ...Read moreAT&T Slashes AI Costs 90% by Swapping Large Models for Small Ones
February 27, 2026
AT&T boosted the efficiency of its internal Ask AT&T personal assistant by reworking the orchestration layer and shifting more of the work from large language models (LLMs) to small language ...Read moreAI Pioneer Andrew Ng Expects Decades-Long Wait For AGI
February 27, 2026
Artificial intelligence pioneer Andrew Ng said the industry is decades away from developing artificial general intelligence (AGI). In an interview with Fast Company posted Friday (Feb. 27), Ng said he defines ...Read moreJPMorgan’s $20 Billion Tech Bet Could Shrink FinTech’s Innovation Edge
February 25, 2026
Updating the banking core has traditionally been viewed as akin to docking a cruise ship, with modernization serving as shorthand for incrementalism. Digitize the front end, bolt middleware onto aging ...Read moreThe Clearing House: Trust Is the Gatekeeper for What’s Next in Payments
February 24, 2026
Watch more: What’s Next in Payments With The Clearing House’s Sal Karakaplan A single word rarely captures the trajectory of an entire industry. Yet during periods of structural change, language often ...Read moreUber Debuts New Services for Autonomous Vehicle Partners
February 23, 2026
Uber has debuted Autonomous Solutions, a suite of services and capabilities designed for autonomous vehicles. These capabilities have already begun helping partners build and commercialize autonomous vehicles (AVs) in markets worldwide, Uber ...Read moreMulti-Agent Systems Move Business AI From Chatbot to Operations
February 20, 2026
For the last two years, enterprise artificial intelligence has been stuck in the assistant phase, a world of smarter emails and faster document summaries that boosted individual productivity but left ...Read moreEarnings Season Made It Clear: Digitize Supply Chains or Fall Behind
February 20, 2026
Logistics is moving from a game of scale to one of smarts. As global trade shifts under the weight of ongoing uncertainty and geopolitical strain, knowing where goods are, what condition ...Read more