News

eCommerce
Wasoko Expands African B2B eCommerce Marketplace Into Zambia
May 11, 2023

B2B marketplace Wasoko has moved into Zambia as part of a broader expansion in Africa. 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,...

Investments
ThreatFabric Raises $12.5 Million to Grow Fraud Detection Solution
May 11, 2023

ThreatFabric has raised 11.5 million euros (about $12.5 million) to grow its fraud detection solution. 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,...

Payment Methods
 ‘High Spenders’ May Seek Credit Card Alternatives as Balances Build 
May 11, 2023

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, you agree to receive marketing communications from PYMNTS and...

Retail
Vitamin Shoppe Parent Goes Private in $2.6 Billion Deal
May 11, 2023

Franchise Group, owner of retailers like Vitamin Shoppe, is set to become a private company. 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,...

Retail
Best Buy Adds More Affordable Paid Tier to Membership Offerings
May 11, 2023

Best Buy has modified its membership programs and added a more affordable paid tier. 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...

Retail
The RealReal Sharpens Resale Focus but Still Reports Loss 
May 11, 2023

It was once said, “The RealReal is a total mess and I can’t quit it.” That said, keeping up with the company’s progression has been an engrossing tale to follow, as it has looked to various ways to craft its path to profitability but continues...

eCommerce
Etsy Hopes Brides Will Say I Do to Personalized Wedding Registry Experience
May 11, 2023

Etsy continues to rework its positioning to encourage consumers to think of Etsy as a go-to destination for all things shopping, instead of a niche platform for handmade and vintage items. The company is launching its Wedding Registry experience, in a bid give customers more...

Investments
Everseen Raises $71 Million to Battle Retail Theft With AI
May 11, 2023

Artificial intelligence (AI) platform Everseen has raised $71 million to help retailers prevent theft. 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...

Banking
Blackstone Wants to Partner with Regional Banks in Loan Originations
May 11, 2023

Blackstone wants to give regional banks more lending power ahead of a looming credit crunch. 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,...