News

Investments
Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe
April 11, 2025

Faume has raised 8 million euros (about $9.1 million) to support the European expansion of its resale platform for premium and luxury fashion brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Europe
Europe Signals ‘No Compromise’ on Trade, Prepares Counter-Tariffs on US Tech
April 11, 2025

The U.S.-initiated tariffs have been paused for three months and the negotiation posturing has begun. Brussels is bracing for a fresh escalation in the EU-US trade standoff after European Commission President Ursula von der Leyen indicated the bloc would not hesitate to retaliate if negotiations...

Retail
Amazon and Walmart Overhaul Supply Chains as China Tariffs Bite
April 11, 2025

When Walmart, the largest retailer in the U.S., abruptly withdrew its first-quarter operating income guidance last week, the message was unmistakable: the tariff storm is shaking the foundations of retail planning. The announcement, citing the need to maintain pricing flexibility amid newly implemented tariffs, is...

Fintech Investments
FinTech IPO Index Surges Nearly 14%, Driven by Crypto and BNPL Momentum
April 11, 2025

The majority of names in the FinTech IPO Index traded lower through a tumultuous five sessions of stock market activity that was dominated by tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Report: BaaS Startup Solid Files for Bankruptcy, Aims to Sell
April 10, 2025

Solid, the banking-as-a-service (BaaS) startup formerly known as Wise, reportedly filed for Chapter 11 bankruptcy protection. 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...

B2B Payments
This Week in B2B: Resilience Is the New ROI
April 10, 2025

Today’s businesses are faced with a trifecta of challenges. Organizational leaders must navigate technological advancements, economic pressures and shifting B2B expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Bank of England Delays $779 Million Bond Sale After Tariff Turmoil
April 10, 2025

England’s central bank has postponed a bond sale following an uptick in tariff-related market pressure. 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,...

B2B Payments
Branch Adds ‘Full-Service Paycard’ to Workforce Payments Platform
April 10, 2025

Branch added a “full-service paycard” to its workforce payments platform. 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...

Artificial Intelligence
Salesforce Bets Big on Enterprise AI to Drive Growth
April 10, 2025

Customer relationship management (CRM) giant Salesforce is seeing “massive” growth in its data cloud platform, fueled by interest in generative and agentic artificial intelligence (AI) from enterprises, according to one of the company’s senior executives. Get the Full Story Complete the form to unlock this...