Blackbird Labs raised $24 million to scale its restaurant loyalty and membership platform. The company announced the Series A round, led by a16z crypto, with participation from new backers Amex Ventures and QED Investors, Wednesday (Oct. 4) on X, formerly Twitter. Today we are excited...
Kraaft has raised $3.7 million to bring its construction-sector messaging app to new industries. According to a report Wednesday (Oct. 4) by EU Startups, the French company will use the funds to develop its product and expand into new geographies and markets. “Eighty percent of the world’s population...
Swedish FinTech Brite Payments has raised $60 million to expand its instant payment offering. The funding round, announced Wednesday (Oct. 4), was led by Dawn Capital along with a number of Sweden’s other FinTech players. “Brite will use the fresh funding to accelerate its geographic expansion, strengthen its presence...
Meta has begun its rollout of generative artificial intelligence (AI)-powered features for ad creatives in its Ads Manager. The features aim to help advertisers create and optimize their ad campaigns, the company said in a Wednesday (Oct. 4) press release. The global rollout of these...
The continued buildout of Nike’s digital channels and direct-to-consumer (D2C) sales, as well as the brand’s inextricable ties to an ecosystem, are helping buck pressures on discretionary spending. The company reported fiscal first-quarter earnings results last week that showed Nike Direct revenues reached $5.4 billion,...
On Monday (Oct 2), Oddity Tech reported third-quarter results that showed revenue growth of 29% to 31% and attributed this to repeat sales in its Il Makiage and Spoiled Child brands. In June, PYMNTS reported that the Israeli firm, founded in 2018 by siblings Oran...
Uber’s package delivery service is now also a package return service. The delivery/ride-hailing giant announced Wednesday (Oct. 4) that it wants to help customers avoid the hassle of returning goods in the mail via its Uber Connect program. According to a news release, Uber Connect...
Dan Chandre, Squarespace vice president, head of Acuity and payments, told Karen Webster that a key to connecting merchants with his firm’s platform lies with payments. And to that end, Squarespace’s taking on the mantle of payments facilitator. “It’s the beginning of an evolution,” he...
The generative artificial intelligence (AI) market for healthcare is valued at more than $1 billion as of 2022, and it is projected to swell to nearly $22 billion by 2032. Technology giants, venture capitalists and private equity firms will play a significant role in that...
