Business

Business
Stripe Valued at $65 Billion After Share Sale Deal
February 28, 2024

Payment processor Stripe’s value has reached $65 billion following a share sale deal with employees. 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....

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Carvana Reports Turnaround After Cutting Costs With Layoffs, Adding AI Tools
February 02, 2024

Online used car firm Carvana has reportedly turned around its operations and debt over the past 18 months, lifting its stock price from $5 to $55. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Business
41% of Latin America Middle Market CFOs Tap Working Capital to Fund Growth
January 31, 2024

Latin America and Caribbean (LAC) growth corporates, commonly referred to as middle market firms, are setting the pace when it comes to the strategic use of external working capital solutions such as loans, overdrafts and virtual cards. Get the Full Story Complete the form to...

Business
Report: Bain Could Sell Payroll Firm Zellis for $2.5 Billion
January 18, 2024

Bain Capital is reportedly weighing a sale of British payroll software company Zellis. 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...

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Verizon Marks Down Business Service Unit by $5.8 Billion
January 17, 2024

Verizon marked down the value of its business services unit by $5.8 billion as clients shun wired communications. 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...

Business
Paytm Reports ‘Slight Reduction’ in Workforce After Implementing AI
December 27, 2023

FinTech firm Paytm has reportedly confirmed a “slight reduction” in its workforce while denying media reports that it could cut more than 1,000 roles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Business
Working Capital Solutions Help Most North American Firms Digitize Legacy Systems
December 19, 2023

For Growth Corporates, commonly referred to as middle-market firms, in the North American region, accessing external working capital solutions has been critical to improving their operational efficiency and sustaining growth in a challenging macroeconomic landscape. Get the Full Story Complete the form to unlock this...

Business
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
December 18, 2023

There’s no smooth sailing for corporates into the end of 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...

Business
BlackBerry Will Separate Cybersecurity and IoT Units
December 11, 2023

BlackBerry has a new CEO, and has altered its plans for its Internet-of-Things (IoT) business. 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...