News

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

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Global Fashion Group Racks Up $167M In Funding
Global Fashion Group Racks Up $167M In Funding
July 02, 2015  |  Europe

Rocket Internet’s Global Fashion Group (GFG), the German Internet platform’s fashion-focused umbrella group, announced yesterday (July 1) that it secured €150 million ($167 million) in...

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Zady Brings Localized eCommerce To Global Shoppers
Zady Brings Localized eCommerce To Global Shoppers
July 02, 2015  |  Merchant Innovation

New York-based online retailer Zady, which caters its lifestyle goods to conscious consumers, announced a partnership with Borderfree to expand its offerings globally. In a...

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Drizly Pours Omnichannel Into Digital Liquor Store
Drizly Pours Omnichannel Into Digital Liquor Store
July 01, 2015  |  Merchant Innovation

The on-demand delivery app, which focuses specifically on bringing customers beer, wine and liquor, will partner with BlueConic’s individualized marketing platform to bring a more...

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Airbnb’s Luxury Rival Confirms $40M Funding Round
Airbnb’s Luxury Rival Confirms $40M Funding Round
June 30, 2015  |  Merchant Innovation

While all eyes are on the potential valuation of peer-to-peer lodging site Airbnb, which is expected to go as high as $24 billion, other players...

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Lifestyle Mobile Payments App Banks On Affluent Millennials
Lifestyle Mobile Payments App Banks On Affluent Millennials
June 30, 2015  |  International

Velocity, a lifestyle app enabling restaurant diners to pay and earn rewards right from their mobile devices, secured one of the largest Series A funding...

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RentPayment Deal May Boost Or Dip Renters’ Credit
RentPayment Deal May Boost Or Dip Renters’ Credit
June 29, 2015  |  Merchant Innovation

The online and mobile rental payment solution RentPayment announced plans to integrate with TransUnion’s ResidentCredit program last week (June 25). The partnership of RentPayment, which is...

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