News

Investments
InScope Raises $4.3 Million to Expand Financial Reporting, Auditing Platform
June 12, 2024

InScope officially launched and announced it raised $4.3 million to grow its platform designed to facilitate financial reporting and audits for private companies.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Millennial Shoppers Lead Resale’s Growth
June 12, 2024

As consumers turn to secondhand shopping options to manage their budgets amid inflation, millennials are leading the way. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Investments
CargoSense Raises $8 Million to Enhance Supply Chain Automation
June 12, 2024

Supply chain automation firm CargoSense has raised $8 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Retail
Worldwide, Large Retailers Deliver More Digital Features Than Their Smaller Rivals
June 12, 2024

According to PYMNTS Intelligence, 70% of U.S. consumers are more satisfied when shopping with large merchants than they are when patronizing small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Blockchain Firm Squad Labs Raises $10 Million for Smart Wallet
June 12, 2024

Blockchain tech company Squad Labs has raised $10 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Banking
New Zealand Probes Lack of Banking Competition
June 12, 2024

New Zealand is reportedly examining competition in the banking sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

CFPB
At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
June 12, 2024

Consumer Financial Protection Bureau Director Rohit Chopra took note during his Wednesday appearance before the Senate Banking Committee that companies including PayPal and JPMorgan are monetizing customers’ financial data — warning the country is moving toward an age of “financial surveillance.” Get the Full Story...

Investments
Light Raises $13 Million to Scale AI-Powered General Ledger
June 12, 2024

Light has come out of stealth and announced a $13 million financing round to scale its artificial intelligence (AI)-powered general ledger for multinational companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
June 12, 2024

Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...