News

Investments
kennek Raises $12.5 Million for B2B Lending Platform 
October 10, 2023

London-based FinTech kennek has raised $12.5 million in a seed funding round to grow its operating system for lenders serving the private debt market.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Report: PayU Indian IPO Could Value Company at $7 Billion
October 10, 2023

Payments company PayU is reportedly planning to go public in India next year. 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...

Retail
Consumers Fuel Uber’s Newest Return Service 
October 10, 2023

Most people consider returns annoying. And by most people, we mean the 79% of shoppers under 30 the National Retail Federation surveyed who consider mail returns to be somewhat or very bothersome.  Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Kleinfeld Encourages Brides to Say ‘I Do’ to Debt-Free Weddings 
October 10, 2023

If you’ve planned a wedding or had the privilege of being a guest at one, you’re already aware of the substantial costs associated with such an event.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payments Innovation
How Existing Payments Infrastructure Drives Innovation at Scale
October 10, 2023

The way money moves is evolving at a rapid and exciting clip. 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...

Banking
Slowing Loan Growth Expected to Squeeze Big US Banks’ Profits
October 09, 2023

The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
PC Market Expected to Recover After 8 Quarters of Decline
October 09, 2023

The worldwide PC market experienced a decline of 9% in shipments in the third quarter of 2023, marking the eighth consecutive quarter of decline.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Faster Payments
Most Retailers Say Real-Time Payments Strengthen B2B Relationships
October 09, 2023

Real-time payments are strengthening B2B relationships, with partners on both sides of the transaction reporting that they benefit from the payment method. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Venture Capital Firm Kaszek Raises $1 Billion for Latin American Startups
October 09, 2023

Latin America’s largest venture capital (VC) outfit has reportedly raised $1 billion this year. 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...