News

Retail
Walmart Secures Gordon Ramsay’s Frozen Food as Diners Seek Convenient Options
August 28, 2023

Walmart’s deal to sell Gordon Ramsay’s frozen food line comes as grocers compete to meet consumers’ demand for more affordable alternatives to restaurant dining. In a move first reported by People, the celebrity chef exclusively launched his line of eight frozen meals, dubbed By Chef...

eCommerce
Starcart Raises $3.7 Million to Expand Shopping Assistant Platform
August 28, 2023

Finnish eCommerce platform Starcart hopes to expand throughout Europe following a seed funding round. “With this funding, we’ll be scaling up the business internationally and launching in multiple European markets next year,” CEO and founder Pasi Ilola wrote on LinkedIn Monday (Aug. 28) after the company raised $3.7 million. “We’ll...

Delivery
Onfleet Unveils Integrations Marketplace to Enhance Last-Mile Delivery Management
August 28, 2023

Onfleet has unveiled its Integrations Marketplace, a hub of Software-as-a-Service (SaaS) integrations designed to enhance efficiency and convenience in last-mile delivery management. The marketplace offers extended functionality and interoperability across the Onfleet platform, providing a one-stop solution for optimizing delivery operations, the last-mile delivery management software company said...

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...