News

B2B Payments
Today In B2B: Trovata Bolsters Treasury Tech; Kofax Teams With Coupa
February 10, 2021

Today in B2B payments, Trovata debuts its multibank treasury solution, and Kofax collaborates with Coupa. Plus, RiseNow collaborates on supply chain solutions, Innovative Payment Solutions rolls out a payroll offering and Japan encourages cryptocurrency discussions. Get the Full Story Complete the form to unlock this...

Retail
Today In Retail: Beachbody Intends To Go Public Via Merger; Tractor Supply Will Pay Workers...
February 10, 2021

In today’s top retail news, the Beachbody Company Group, LLC plans to go public by merging with a special purpose acquisition company (SPAC) and Myx Fitness Holdings, LLC, while Tractor Supply Company will pay workers to get vaccinated against COVID-19. Plus, Norwest Venture Partners has led a $43...

Investments
Thrasio Pulls In $750 Million To Continue Acquisitions Of Amazon Sellers
February 10, 2021

Massachusetts-based Thrasio keeps bringing in the investor bucks. This time around, it’s $750 million in an “equity round” funded mostly by existing investors, including Oaktree and Advent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Biden Team Halts Federal Push To Sell TikTok’s US Division — For Now
February 10, 2021

The Biden administration has reportedly put a hold on the Trump administration’s bid to force a sale of TikTok’s U.S. business. Trump pushed for the sale of the popular TikTok video-sharing app to a U.S. buyer over security concerns. Get the Full Story Complete the...

Investments
Startup Nymbus Closes $53 Million Series C To Scale BaaS
February 10, 2021

Banking-as-a-service (BaaS) startup Nymbus raised $53 million in a Series C funding round led by existing investor Insight Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Banking
Klarna Offers German Bank Account In Move Toward All-In-One App
February 10, 2021

Payments and shopping platform Klarna, known for its buy now, pay later (BNPL) option, is now offering consumer bank accounts in Germany as it moves closer to becoming an all-in-one app for its users. Get the Full Story Complete the form to unlock this article...

Retail
Fabric Gets New Funding, Aims To Free Retailers From Legacy eCommerce Platforms
February 10, 2021

Headless commerce. It’s still a somewhat obscure concept for many retailers, but one San Francisco venture capital firm is betting that it — along with startup Fabric — is the future for simpler, cheaper, customizable eCommerce platforms that will challenge the big legacy players. Get...

Retail
Beachbody Plans To Go Public By Merging With SPAC And Myx Fitness
February 10, 2021

The Beachbody Company Group, LLC said on Wednesday (Feb. 10) that it plans to go public by merging with special purpose acquisition company (SPAC) Forest Road Acquisition Corp. and connected fitness company Myx Fitness Holdings, LLC, according to an announcement. Get the Full Story Complete...

Retail
Handy Signs BJ’s Wholesale; Goes ‘The Final Mile’ To Get Those Giant TVs Installed
February 10, 2021

Say you just plunked down $5,000 for a brand new 60-inch 4K television set. What is the likelihood that you’re going to go home and mount that monstrosity to the wall yourself? Get the Full Story Complete the form to unlock this article and enjoy...