The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in King Charles III’s first speech to Parliament, are designed to help the Competition and Markets Authority (CMA) make sure companies like Meta and Google...
Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital to expand its marketplace offerings, strengthen its presence in core markets and enhance user experience, according to a Tuesday (Nov....
San Francisco-based B2B rebate platform Enable has closed a successful Series D funding round, raising $120 million and achieving a valuation of $1.12 billion. The funding round was led by Lightspeed Venture Partners, with participation by Menlo Ventures, Norwest Venture Partners, Insight Partners and Sierra...
A lot can change in a year, just ask OpenAI CEO Sam Altman. Last November, his company launched its ChatGPT product to the public and jumpstarted the generative artificial intelligence (AI) boom, forcing perennial tech leaders like Meta, Google, Amazon and others to play catch-up...
Mangopay, a platform-specific payment infrastructure provider, has announced a new collaboration with Aria, a provider of deferred payment infrastructure for B2B marketplaces and platforms. This partnership aims to equip B2B marketplaces and transactional Software-as-a-Service (SaaS) companies with tools to manage their payments and credit, according to...
Food and beverage giant Nestlé invested $100 million in food delivery startup Wonder. The capital comes with a partnership that aims to combine Nestlé’s expertise in food production with Wonder’s advanced kitchen equipment services, CNBC reported Tuesday (Nov. 7). The companies plan to sell the...
Retailer Harbor Freight Tools has partnered with TreviPay, a global B2B payments and invoicing network, to offer a new payment option for business and institutional buyers. The partnership provides a Harbor Freight Commercial Credit Card to give customers instant B2B credit with invoicing and commercial...
Loyalty programs have become a staple in the arsenal of brands and retailers striving to retain their customer base and attract new ones. These programs are seemingly popping up left and right, vying for the attention and allegiance of consumers. However, the ones that truly...
Business payments, increasingly, are being transformed by a number of innovations that take their cue from the consumer realm. B2B transactions, of course, are complex and certainly considerable in size and scope — running into the thousands of dollars (or more), as buyers interact with...
