News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Elevate Credit Ordered to Pay $3.3M for Predatory Lending Practices
Elevate Credit Ordered to Pay $3.3M for Predatory Lending Practices
February 10, 2022  |  Legal

Elevate Credit agreed to pay a minimum of $3.3 million for charging people interest rates above the 24% maximum allowed by Washington, D.C for loans...

READ MORE >
eCommerce Platform BigCommerce Acquires Software Firm B2B Ninja
eCommerce Platform BigCommerce Acquires Software Firm B2B Ninja
February 10, 2022  |  Acquisitions

eCommerce software platform BigCommerce has acquired B2B Ninja, a company that provides merchants with B2B eCommerce capabilities. Get the Full Story Complete the form to...

READ MORE >
Subscription Commerce Platform AppDirect Acquires ITCloud.ca to Expand Canadian Reach
Subscription Commerce Platform AppDirect Acquires ITCloud.ca to Expand Canadian Reach
February 10, 2022  |  Acquisitions

Subscription commerce platform AppDirect on Thursday (Feb. 10) acquired Canadian cloud technology company ITCloud.ca, a move that broadens the reach of the AppSmart business across...

READ MORE >
Stripe and Celonis Focus on Simplification in Tech Partnership
Stripe and Celonis Focus on Simplification in Tech Partnership
February 10, 2022  |  Partnerships

Execution management and process mining company Celonis and payment service provider Stripe on Wednesday (Feb. 9) agreed to deploy each other’s technology “to drive simplification...

READ MORE >
New Funding Could Value Klarna at $60B
New Funding Could Value Klarna at $60B
February 10, 2022  |  Investments

Swedish buy now, pay later (BNPL) firm Klarna is considering a new funding round that would make it the most valuable startup in Europe, with...

READ MORE >
Forbes Nears NYSE Listing After $200M Binance Investment
Forbes Nears NYSE Listing After $200M Binance Investment
February 10, 2022  |  Investments

Digital publisher Forbes is inching closer to a New York Stock Exchange listing through a merger with special purpose acquisition company (SPAC) Magnum Opus Acquisition...

READ MORE >
US Regulators OK $43B WarnerMedia-Discovery Merger
US Regulators OK $43B WarnerMedia-Discovery Merger
February 10, 2022  |  Partnerships / Acquisitions

AT&T’s plan to spin off WarnerMedia in a $43 billion merger deal with competitor Discovery to create a TV, film and streaming dynamo, will proceed,...

READ MORE >
Vroom Announces $296M Loan Securitization
Vroom Announces $296M Loan Securitization
February 10, 2022  |  Loans

Online used car buying and selling platform Vroom has unveiled the pricing of its first auto loan securitization offering of $296 million, the company said...

READ MORE >
National Electric Vehicle Charging Buildout Shocked Into Reality as Stations Seek Price Model
National Electric Vehicle Charging Buildout Shocked Into Reality as Stations Seek Price Model
February 10, 2022  |  Technology

Many Americans will get a charge out of news breaking Thursday (Feb. 10) that the U.S. departments of Transportation and Energy are handing out $5...

READ MORE >