News

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

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Refurbed Raises $57 Million to Promote Sustainability in Europe
Refurbed Raises $57 Million to Promote Sustainability in Europe
November 07, 2023  |  Investments

Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital...

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Enable Raises $120 Million for B2B Rebate Management Platform
Enable Raises $120 Million for B2B Rebate Management Platform
November 07, 2023  |  Investments

San Francisco-based B2B rebate platform Enable has closed a successful Series D funding round, raising $120 million and achieving a valuation of $1.12 billion. The...

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MoneyLion Revenue Rises Amid Changing Loan Landscape
MoneyLion Revenue Rises Amid Changing Loan Landscape
November 07, 2023  |  Earnings

MoneyLion said it recorded rising revenue this quarter after developing new personal finance tools. The financial app released quarterly earnings Tuesday (Nov. 7) showing revenues of $110...

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Private Equity Firm TPG Enters Vacation Rental Market in Florida
Private Equity Firm TPG Enters Vacation Rental Market in Florida
November 07, 2023  |  Real Estate

Private-equity firm TPG has made a significant move into the vacation rental market by acquiring single-family homes in Florida and offering them for nightly rentals...

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Gen Zs Drive Planet Fitness’ Membership Growth Amid CEO Transition
Gen Zs Drive Planet Fitness’ Membership Growth Amid CEO Transition
November 07, 2023  |  Earnings

Planet Fitness reported strong third-quarter (Q3) performance that it attributes to growing membership among Generation Z consumers. “We continue to see our strongest net member growth for Gen...

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IBM Launches $500 Million Venture Fund to Fuel Innovation in Enterprise AI
IBM Launches $500 Million Venture Fund to Fuel Innovation in Enterprise AI
November 07, 2023  |  artificial intelligence

IBM is launching a $500 million venture fund to invest in artificial intelligence (AI) companies. The fund’s primary focus will be on accelerating generative AI technology...

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FTC Bars Chargebacks911 From Using Deceptive Practices
FTC Bars Chargebacks911 From Using Deceptive Practices
November 07, 2023  |  Legal

The Federal Trade Commission (FTC) and “chargeback mitigation” company Chargebacks911 have reached a settlement to prevent the company from engaging in deceptive practices. The settlement also prohibits the company...

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Regions Bank and Self Financial Partner to Improve Consumers’ Financial Health
Regions Bank and Self Financial Partner to Improve Consumers’ Financial Health
November 07, 2023  |  Partnerships

Regions Bank and credit-building platform Self Financial teamed up to help consumers improve their financial standing. The collaboration will assist Region’s Consumer Banking customers in...

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Amex Business Travel Sees Small Business Investment Pay Off
Amex Business Travel Sees Small Business Investment Pay Off
November 07, 2023  |  Earnings

American Express Global Business Travel says its focus on small businesses was a wise bet. The company released quarterly earnings Tuesday (Nov. 7) showing transactions in its small...

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