Forage and Uber Eats have partnered to offer online purchasing and delivery of groceries to Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) recipients. The partnership will offer SNAP EBT grocery delivery to eligible grocery partners on the Uber Eats platform across the United States, the companies...
The digital transformation of banking continues to reshape how financial institutions (FIs) are meeting the evolving expectations of consumers. And central to this evolution are partnerships, which play a pivotal role in enhancing customer experiences and streamlining financial processes. A recent collaboration between Bankjoy, a provider of digital...
Digitization is increasingly revolutionizing the B2B landscape with streamlined procurement processes, and even better payments workflows. Don’t believe it? Look no further than the U.S. government, the world’s single largest buyer, which is expanding its $6 billion eCommerce initiative to include more online marketplaces — opening up...
If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed, this was the week the platforms plummeted. Hippo Insurance slipped 14.8%, and Opendoor gave up 12.4%. OppFi...
As shopping and entertainment become increasingly intertwined, Amazon and Walmart are looking for new ways to drive sales via content. On Tuesday (April 16), Amazon Live announced a new interactive, shoppable channel called FAST Channel on Prime Video and Amazon Freevee, featuring the eCommerce giant’s “shop the show” technology, enabling viewers to shop and...
Nordstrom CEO Erik Nordstrom and President Pete Nordstrom have told the retailer’s board that they’re interested in taking the company private. As a result, the board has formed a special committee of independent and disinterested directors that will evaluate any proposals from those executives and from other parties, the company...
Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as demand for its services wanes. Investors are pushing for significant changes within the company, including asset sales and market exits,...
Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an investment of 7 million pounds (about $8.7 million) by British Patient Capital alongside other co-investors, including Lombard Odier Investment Managers...
Spend management platform Ramp says it is now a $7.6 billion company. The firm on Thursday (April 18) announced it had reached that valuation as it wound down a $150 million Series D-2 funding round. “This new funding will allow us to triple down on the next wave of innovation...
