News

B2B Payments
Indian SaaS Firm Clear Unveils Invoice Financing Platform
August 28, 2023

Indian B2B Software-as-a-Service (SaaS) company Clear has reportedly introduced a digital invoice financing tool. The new Invoice to Finance (I2F) platform aims to simplify finance for individuals and businesses to foster financial growth and inclusivity across the nation, CXOtoday reported Monday (Aug. 28). Clear did not immediately reply to...

Faster Payments
Nuvei and Mastercard Team on Instant Payouts for APAC Traders
August 28, 2023

Nuvei says it wants to help Asia-Pacific (APAC) region traders and investors get paid faster. The Canadian payments company announced Monday (Aug. 28) that it has teamed with Mastercard to allow those traders and investors enjoy “near instantaneous payout capabilities” using Mastercard Send.  Send, already offered to Nuvei customers...

IPO
Kenyan Lender Credit Bank to Raise $6.89 Million Through IPO
August 28, 2023

Kenyan lender Credit Bank reportedly plans to raise 1 billion shillings (about $6.89 million) through an initial public offering (IPO) on the Nairobi Securities Exchange (NSE). The move would mark the first IPO on the NSE since 2014 when the exchange listed itself, Bloomberg reported Monday (Aug. 28). However, the timing...

Artificial Intelligence
DoorDash Looks to Voice AI to Drive White-Label Adoption
August 28, 2023

As aggregators aim to facilitate not only third-party restaurant sales but also direct orders, DoorDash is turning to voice artificial intelligence (AI) to expand its white-label solutions for restaurants. The United States’ leading aggregator announced Monday (Aug. 28) that it is developing voice ordering capabilities powered by AI to...

Retail
Amazon Private Label Pullback May Not Be What It Seems
August 28, 2023

As inflation ebbs, shoppers continue to trade down while cautiously increasing their spending. Many consumers have had to drastically change their shopping behavior to stretch their household budget further since inflation took hold of the economy in 2021. One strategy is to cut down on...

eCommerce
How Instacart is Shaping The Next Generation of Grocery Shopper 
August 28, 2023

Instacart filed its S-1 on Friday, August 25 — and with it came a glimmer of hope that the 18-month tech IPO drought may be ending. EquityZen’s head of market insights Brianne Lynch reports that some 1400 private companies worth $1B or more are sitting...

Retail
Ulta Beauty Members Embrace In-Store Experience: 75% Opt for In-Store Transactions  
August 28, 2023

While beauty companies Laneige and Charlotte Tilbury have sought to enter the virtual realm with virtual storefronts to connect and transact with consumers, Ulta Beauty’s customers are demonstrating that the essence of the beauty experience remains rooted in sensory engagement as final transactions are happening...

Mobile Commerce
Wag! CEO: We Want to Be the ‘Pup’ Button on Your Phone
August 28, 2023

Everyone and their sibling seems to have a pet right now. Look outside on a sunny day in a big city and you are likely to see more furry friends than actual people. “I think something like one in five people adopted a pet during...

Retail
Hush Puppies Retailer Pivots as Consumers Embrace Fashionable Sports Footwear
August 28, 2023

The convergence of casualization, comfort, and personalization has become a potent force, reshaping the way people perceive and interact with brands.  The modern consumer is seeking more than just clothing and accessories — they seek a reflection of their values, needs and identity. The intersection...