News

B2B Payments
Expensify Adds Chat Feature for Accountants to Payments App
May 19, 2023

Expensify has added a chat feature for accountants to its payments app. 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
Walmart and Target Earnings Offer Up a Tale of Two eCommerce Platforms 
May 19, 2023

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Banking
Yellen Reportedly Says Banking Industry May Need More Mergers
May 19, 2023

There may be more bank mergers on 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 our daily newsletter, PYMNTS Today. By completing this form,...

Investments
Sabi Raises $38 Million for B2B Marketplace Serving African Retailers
May 19, 2023

Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B 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...

Retail
Five Below Expands Retail Footprint With Simon
May 19, 2023

Specialty discount retailer Five Below has unveiled plans to expand through Simon’s retail portfolio, including its Premium Outlets. 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
Lululemon Adds Textile Recycling to Its Circularity Initiatives
May 19, 2023

Lululemon has made a minority investment in Australian recycling company Samsara Eco. 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
Even Discount Retail CEOs Say Shoppers Are Pulling Back   
May 19, 2023

Amid inflation, shoppers are actively seeking out affordable options. This trend has prompted consumers to search for merchants whose prices are in line with their budget. This has proven advantageous for retailers like Ross Stores, which strive to offer the “best branded bargains possible at...

Fintech Investments
FinTech IPO Index Gains 2.4% as Upstart Soars on Consumer Loan Sale
May 19, 2023

The FinTech IPO gathered 2.4% in a week that saw the last few remnants of earnings reports trickle in. 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...

eCommerce
PartsTech Raises $35 Million to Expand B2B Automotive Parts Marketplace
May 18, 2023

PartsTech has raised $35 million to expand its B2B marketplace for the auto repair industry. 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...