News

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

Source: pymnts.com

eWallet Startup MoMo Lands $100 Million From Warburg Pincus, Other Investors

eWallet Startup MoMo Lands $100 Million From Warburg Pincus, Other Investors
eWallet Startup MoMo Lands $100 Million From Warburg Pincus, Other Investors
January 13, 2021  |  Investments

Rising eWallet star MoMo is on a roll when it comes to bringing new investors on board. The eWallet firm, Vietnam’s largest, has pulled in...

READ MORE >
Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal
Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal
January 13, 2021  |  ANTITRUST

Singapore’s Competition Appeals Board has upheld fines of S$6.6 million (Singapore dollars) levied against Uber, affirming that its merger deal with ride-hailing rival Grab had...

READ MORE >
Paytm, Nubank Could Soon Swing To Profit Amid Surging Demand For Digital Banking
Paytm, Nubank Could Soon Swing To Profit Amid Surging Demand For Digital Banking
January 13, 2021  |  Digital Payments

India’s Paytm and Brazil’s Nubank could soon turn the corner to profitability thanks to surging demand for digital payment services in India and Brazil amid...

READ MORE >
Inflation Looms, So What Lies Ahead For SMBs? 
Inflation Looms, So What Lies Ahead For SMBs? 
January 13, 2021  |  Economy

Inflation, it might be argued, is a fact of life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
Poshmark IPO Puts Spotlight On reCommerce
Poshmark IPO Puts Spotlight On reCommerce
January 13, 2021  |  Retail

The 2021 initial public offering (IPO) season is off to a fast start for the payments and commerce business, including an expected filing next week...

READ MORE >
Auto1 Online Car Marketplace Plans To Go Public
Auto1 Online Car Marketplace Plans To Go Public
January 13, 2021  |  IPO

Berlin-based Auto1 Group said on Wednesday (Jan. 13) that it plans to go public in the first quarter of this year. Auto1 serves both consumers...

READ MORE >
Today In Retail: Walgreens To Launch Co-Branded Cards; Big Lots Reports Rise In Quarter-To-Date Comp Sales
Today In Retail: Walgreens To Launch Co-Branded Cards; Big Lots Reports Rise In Quarter-To-Date Comp...
January 13, 2021  |  Retail

In today’s top retail news, Walgreens is growing its financial services offering with the help of Mastercard and Synchrony, while Big Lots, Inc. said it...

READ MORE >
Hot Affirm IPO Points To Rising Competition And Demand In BNPL Segment
Hot Affirm IPO Points To Rising Competition And Demand In BNPL Segment
January 13, 2021  |  IPO

It’s been almost 10 years since PayPal co-founder Max Levchin launched Affirm, but the provider of buy now, pay later (BNPL) installment loans officially joined...

READ MORE >
Singapore Tech Startup Sea Buys Indonesian Bank BKE
Singapore Tech Startup Sea Buys Indonesian Bank BKE
January 13, 2021  |  Partnerships / Acquisitions

Singapore tech startup Sea has acquired Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE) for an undisclosed amount, Bloomberg reported on Wednesday (Jan. 13), citing unnamed...

READ MORE >