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PayPal Vets Launch $158M Fund to Advance FinTech

PayPal Vets Launch $158M Fund to Advance FinTech
PayPal Vets Launch $158M Fund to Advance FinTech
May 16, 2022  |  Investments

Early-stage venture capital firm Infinity Ventures is launching its inaugural $158 million fund to help fuel FinTech infrastructure, commerce enablement and other startups that align...

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Digital Grocery Delivery Startup Buymie Picks up $7.3M in Fresh Funding
Digital Grocery Delivery Startup Buymie Picks up $7.3M in Fresh Funding
May 16, 2022  |  Investments

Online grocery delivery startup Buymie has secured 7 million euros (about $7.3 million) to continue building out technology for its digital ordering and delivery capabilities...

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ECB’s Panetta: Digital Euro Could Launch Within Four Years
ECB’s Panetta: Digital Euro Could Launch Within Four Years
May 16, 2022  |  CBDC

Fabio Panetta, a member of the European Central Bank’s (ECB) executive board, said Monday (May 16) that a digital euro could become a reality within...

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Auto Retailer: Offering Payment Options, Including Crypto, Simplifies Car Buying
Auto Retailer: Offering Payment Options, Including Crypto, Simplifies Car Buying
May 16, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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GameStop Names Former Belk Stores CEO Nir Patel As COO
GameStop Names Former Belk Stores CEO Nir Patel As COO
May 16, 2022  |  Retail

GameStop Corp. named former Belk CEO Nir Patel as its new chief operating officer, effective May 31, according to a company press release Monday (May...

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Experian Secures Majority Stake in Brazilian FinTech MOVA
Experian Secures Majority Stake in Brazilian FinTech MOVA
May 16, 2022  |  Acquisitions

Global information services firm Experian has secured a majority acquisition deal for a 51% stake in Brazilian FinTech MOVA for 40 million Brazilian reais ($7.9 million) from...

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Weber Continues Slide in Q2
Weber Continues Slide in Q2
May 16, 2022  |  Retail

Grill maker Weber’s efforts to turn around its flagging omnichannel retail business didn’t work out as planned in the second quarter of fiscal 2022 —...

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Marriott Launches Media Network That Lets Ads Reach Travelers
Marriott Launches Media Network That Lets Ads Reach Travelers
May 16, 2022  |  Partnerships

Marriott has joined forces with Yahoo to launch a media network that lets advertisers target consumers using guest data. Get the Full Story Complete the...

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Uber Eats Testing Two Autonomous Delivery Pilots in LA
Uber Eats Testing Two Autonomous Delivery Pilots in LA
May 16, 2022  |  Delivery

Uber Eats plans to launch two autonomous delivery pilots in Los Angeles on Monday (May 16). Get the Full Story Complete the form to unlock...

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