March 29, 2023
Dave & Buster’s Leverages Digital Data to Upgrade In-Person Experiences
As restaurants explore the possibilities of consumer data, Dave & Buster’s is enhancing the in-store experience. The dining and entertainment chain said during its latest earnings report Tuesday (March 28)...
March 28, 2023
Growing Economic Challenges Have Startups Starting Over With Experienced CEOs
In today’s tough macroeconomy, businesses are making tough choices to ensure they survive. In some cases, that even means sunsetting a company founder to bring in an executive with more...
March 28, 2023
Alibaba Divides Kingdom Into Six Pieces
Alibaba Group is splitting into six pieces with plans to take these new businesses public. The Chinese eCommerce company said Tuesday (March 28) it was undergoing the biggest revamp in...
March 27, 2023
Presto CEO Steps Down After 15 Years
Restaurant automation firm Presto is seeking a new chief executive. The company announced Monday (March 27) that founder and CEO Rajat Suri had resigned after 15 years helming the firm....
March 26, 2023
IPO Fundraising Falls 70% Amid Banking Crisis
The global market for initial public offerings continues to struggle amid banking sector upheaval. That’s according to data published Sunday (March 26) by Bloomberg News, which found companies have $19.7...
March 24, 2023
FinTechs That Went Public Since 2020 Trade 54% Below Listing...
It once seemed like FinTechs going public had limitless funding if investors saw potential. That mindset may be becoming a thing of the past. If only FinTechs could turn back...
March 24, 2023
McDonald’s to Drive Pickup Adoption With Wait-Eliminating Geofencing Features
As restaurants seek to drive pickup adoption, McDonald’s is tapping geofencing to reduce wait times. The restaurant brand is updating its mobile order and pay capabilities to inform back-of-house staff...
March 24, 2023
Restaurants Incentivize Pickup Adoption With Store Credit Rewards
PYMNTS data reveals store credit can be a powerful driver of pickup adoption for restaurants. The Context Restaurants are looking to get more customers to shift from ordering delivery (or...
March 23, 2023
Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
Bank runs were only part of the story this week. And as the FinTech IPO Stock Index sank for another week, down 2.5%, the positive returns year to date are...