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Today In Payments Around The World: wefox Lands $650 Million; sennder Notches $80 Million

Today In Payments Around The World: wefox Lands $650 Million; sennder Notches $80 Million
Today In Payments Around The World: wefox Lands $650 Million; sennder Notches $80 Million
June 02, 2021  |  International

In today’s top payments news around the world, digital insurance firm wefox raised $650 million in financing, while freight forwarder sennder landed an additional $80...

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BNPL Retail Finance Platform Divido Raises $30 Million
BNPL Retail Finance Platform Divido Raises $30 Million
June 02, 2021  |  Buy Now Pay Later

London-based Divido has reeled in $30 million in venture funding led by banking giants HSBC and ING. The company offers a buy now, pay later...

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Today In Retail: Bed Bath & Beyond Unveils Three More Owned Brands; Advance Auto Parts’ Net Sales Surge
Today In Retail: Bed Bath & Beyond Unveils Three More Owned Brands; Advance Auto Parts’...
June 02, 2021  |  Retail

In today’s top retail news, Bed Bath & Beyond is debuting three more owned brands, while Advance Auto Parts reported a large increase in net...

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SoftBank In Funding Talks With Dubai Cloud Kitchen Platform Kitopi
SoftBank In Funding Talks With Dubai Cloud Kitchen Platform Kitopi
June 02, 2021  |  Investments

SoftBank’s Vision Fund 2 is in talks to invest in Dubai cloud kitchen Kitopi’s latest funding round, Reuters reported, citing sources. Get the Full Story...

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Euro’s Standing Could Improve With Digital Version, ECB Says
Euro’s Standing Could Improve With Digital Version, ECB Says
June 02, 2021  |  Digital Payments

In a new report, the European Central Bank says that the advent of a digital version of the euro could improve the currency’s global standing...

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Ghost Kitchens Going Global As C3 Announces $100 Million Saudi Deal
Ghost Kitchens Going Global As C3 Announces $100 Million Saudi Deal
June 02, 2021  |  Restaurant innovation

Food technology platform and restaurant company C3 announced Tuesday (June 1) that it has entered into a $100 million agreement with Saudi Arabia-based investment company WK Holding....

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SMBs And The Consumer Loyalty Challenge Worldwide
SMBs And The Consumer Loyalty Challenge Worldwide
June 02, 2021  |  SMBs

In theory, the pandemic period has done wonders to boost consumers’ connections to their local businesses worldwide. When PYMNTS, in cooperation with Pollinate, surveyed 4,519...

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Shippo Hits Unicorn Status With $50 Million More In Venture Funding
Shippo Hits Unicorn Status With $50 Million More In Venture Funding
June 02, 2021  |  Investments

Shipping platform Shippo said on Wednesday (June 2) that it has raised $50 million in new funding. The company said in a blog post that this...

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AMC Caters To Retail Shareholders With Promos, Perks And Free Popcorn
AMC Caters To Retail Shareholders With Promos, Perks And Free Popcorn
June 02, 2021  |  Retail

AMC Entertainment Holdings, which is among the so-called “meme stocks,” has launched a new communications program called AMC Investor Connect aimed at its “sizable retail...

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