PYMNTS News

FinTech IPO Index Plunges 6.6% as Upstart and Nuvei Earnings Weigh on Shares

FinTech IPO Index Plunges 6.6% as Upstart and Nuvei Earnings Weigh on Shares
FinTech IPO Index Plunges 6.6% as Upstart and Nuvei Earnings Weigh on Shares
August 11, 2023  |  Fintech Investments

Seemingly everywhere you looked this past week, earnings were the sole arbiter of how stocks performed. Get the Full Story Complete the form to unlock...

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Visa Says CFOs See Digital Payments Solutions Through Working Capital Lens
Visa Says CFOs See Digital Payments Solutions Through Working Capital Lens
August 11, 2023  |  Commercial Payments

Back in the darkest days of the pandemic, Visa struck a partnership with Conferma Pay to integrate the payment network’s virtual cards into the latter’s...

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Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy
Krispy Kreme Reports Q2 2023 Earnings and Expands Omnichannel Strategy
August 11, 2023  |  Earnings

Krispy Kreme announced second-quarter results Thursday (Aug. 10) that showed a 9% hike in year-over-year (YoY) net revenue, bolstered by eCommerce and delivery strategies. Get...

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Alibaba’s Sales Up 14%, Pushed by International Sales
Alibaba’s Sales Up 14%, Pushed by International Sales
August 10, 2023  |  Earnings

Chinese eCommerce giant Alibaba on Thursday (Aug. 10) posted a quarterly sales growth of 14% from the previous year, as its online shopping app Taobao...

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X Promises Robust Brand-Safety Tools for Advertisers
X Promises Robust Brand-Safety Tools for Advertisers
August 10, 2023  |  Social Commerce

X, the social media platform formerly known as Twitter, will continue rolling out brand-safety tools for advertisers. Get the Full Story Complete the form to...

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Uber-Supported Serve Robotics Raises $30 Million for AI Robotic Delivery
Uber-Supported Serve Robotics Raises $30 Million for AI Robotic Delivery
August 10, 2023  |  Artificial Intelligence

Serve Robotics has completed a go-public transaction and raised $30 million in financing to support scaling its artificial intelligence (AI) powered robotic delivery experience. Get...

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Moove Raises $76 Million to Provide Financial Services for Mobile Gig Workers
Moove Raises $76 Million to Provide Financial Services for Mobile Gig Workers
August 10, 2023  |  Gig Economy

Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. Get the Full Story Complete the form to...

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Treasury Department to Propose Beneficial Ownership Reporting Rules for Real Estate
Treasury Department to Propose Beneficial Ownership Reporting Rules for Real Estate
August 10, 2023  |  Legal & Regulation

Title insurers and others may soon be required to report the identities of the beneficial owners of companies that pay cash for real estate. Get...

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