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DoorDash Debuts Ultra-Fast Delivery Service in New York
DoorDash Debuts Ultra-Fast Delivery Service in New York
December 06, 2021  |  Delivery

DoorDash on Monday (Dec. 6) debuted direct delivery of groceries and convenience store items from DashMart locations across New York, starting with the store in...

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UK High Court: Uber-Style Business Model Is Illegal
UK High Court: Uber-Style Business Model Is Illegal
December 06, 2021  |  Ridesharing

The U.K. High Court has ruled that Uber’s ride-hailing business model is illegal, TechCrunch reported Monday (Dec. 6), reigniting the debate about London’s view on...

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Female-Founded Finnish FinTech Enfuce Raises $51M in Series C
Female-Founded Finnish FinTech Enfuce Raises $51M in Series C
December 06, 2021  |  Investments

Female-founded Finnish payment services provider Enfuce raised €45 million ($51 million) in a Series C investment round led by Vitruvian Partners, with participation by Tencent,...

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Cash Still King in Nigeria Despite Digital Drive
Cash Still King in Nigeria Despite Digital Drive
December 06, 2021  |  Cash

Despite the drive for digital payments in Nigeria, cash is still king, with circulation hitting record numbers in October against a backdrop of officials pushing...

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Spend Management Platform Clara Becomes Latam’s Fastest Unicorn
Spend Management Platform Clara Becomes Latam’s Fastest Unicorn
December 06, 2021  |  Investments

The Mexico City-based spend management platform Clara announced its launch in Brazil Monday (Dec. 6), an occasion marked by $70 million in new funding and...

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Card Issuer Tutuka Merges With Paymentology 
Card Issuer Tutuka Merges With Paymentology 
December 06, 2021  |  B2B Payments

A pair of issuer-processors — Tutuka and Paymentology — announced Monday (Dec. 6) they would merge into a single entity.   Get the Full Story...

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Retail Exec Lauds Strong Online Holiday Shopping, Predicts Pandemic-Era Conveniences Will Continue
Retail Exec Lauds Strong Online Holiday Shopping, Predicts Pandemic-Era Conveniences Will Continue
December 06, 2021  |  Retail

Australian global payments platform EML Payments and its North American malls partner, Cadillac Fairview, which operates 35 million square feet of retail and office space, credit...

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Smartphone Procurement Firm everphone Raises $200M 
Smartphone Procurement Firm everphone Raises $200M 
December 06, 2021  |  Investments

The German phone-as-a-service provider everphone has raised $200 million in new funding, money the company says it will use to expand its efforts in Europe,...

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Stripe Acquires OpenChannel for Ecosystem Integration
Stripe Acquires OpenChannel for Ecosystem Integration
December 06, 2021  |  Acquisitions

Digital payment processing firm Stripe on Monday (Dec. 6) announced the acquisition of app marketplace software platform OpenChannel, which helps businesses build app ecosystems for...

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