News

Investments
Spektr Raises $5.4 Million to Expand Automation-Led Compliance Solution
February 21, 2024

Spektr came out of stealth and announced it raised 5 million euros (about $5.4 million) in a seed round. 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...

Retail
US Smartphone Sales Dip 10% as Consumers Delay Upgrades
February 21, 2024

According to data from Counterpoint Research, U.S. consumer demand for smartphones fell 10% in January. 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...

Investments
Simetrik Raises $55 Million to Enhance B2B Financial Automation Platform
February 21, 2024

Simetrik, a B2B financial automation platform founded in Colombia in 2019, raised $55 million in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
Cart.com Launches Order Management Software for Merchants
February 21, 2024

Cart.com now offers its order management software solution as a standalone product. 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...

B2B Payments
BVNK Gets Electronic Money License to Expand Operations and Customer Support
February 21, 2024

B2B payments platform BVNK announced that its electronic money institution (EMI) license is now live in Europe. 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...

Retail
Marc Lore’s Wonder Opens in Walmart as Supermarkets Seize Restaurant Occasions
February 21, 2024

Wonder is opening a store-in-store within a Walmart, a move that comes as grocery retailers increasingly seek out opportunities to capture more of consumers’ mealtime spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Germany’s Financial Regulator BaFin Set to Relax Crackdown on FinTechs
February 21, 2024

Germany’s financial regulator, BaFin, is reportedly set to relax its crackdown on FinTechs. 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....

Investments
Fabric Raises $60 Million to Grow Conversational AI-Powered Healthcare Platform
February 21, 2024

Fabric, a health technology company, raised $60 million in a Series A round to expand its care enablement platform for healthcare providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Buy Side, Supply Side: Winning the B2B Payments Fraud War
February 21, 2024

Fraud is a costly and common problem in payments. 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 form,...