PYMNTS-MonitorEdge-May-2024

Munchery

Munchery Leaves Consumers, Vendors Out $6M
Munchery Leaves Consumers, Vendors Out $6M
March 05, 2019  |  Subscriptions

Meal kit service Munchery has filed for bankruptcy and still owes $3 million in unfulfilled customer gift cards and another $3 million to its vendors...

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Can Better (Digital) Credit Help SMBs Thrive?
Can Better (Digital) Credit Help SMBs Thrive?
March 05, 2019  |  B2B Payments

When food delivery startup Munchery closed its doors in January, it literally left dozens of small businesses holding the bag. Orders delivered to Munchery customers,...

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Late Payment Penalties In India Include Prison Time
Late Payment Penalties In India Include Prison Time
February 25, 2019  |  B2B Payments

In India, government efforts to crack down on late payments made to smaller firms include fines and possible imprisonment for officers of larger, late-paying firms....

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Formjacking Takes Off (And The Rest Of The Week In Sizzles And Fizzles)
Formjacking Takes Off (And The Rest Of The Week In Sizzles And Fizzles)
February 22, 2019  |  Sizzle/Fizzle

While there is much negative to be said about cybercriminals, one can’t accuse hackers and cybercriminals of being uncreative in their methods.  As phishing and...

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Munchery Shutdown Leaves Suppliers Without Pay
Munchery Shutdown Leaves Suppliers Without Pay
February 21, 2019  |  B2B Payments

On-demand food delivery company Munchery shuttered operations earlier this year, sending an email to customers that it would immediately cease operations. While the news may...

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Munchery Sued By Ex-Employees Over Shutdown
Munchery Sued By Ex-Employees Over Shutdown
January 29, 2019  |  Legal

A new class-action lawsuit wants failed meal delivery company Munchery to pay its former employees 60 days’ worth of back wages. The lawsuit, filed by...

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Fizzle Of The Week: Munchery And The Suppliers Left Behind
Fizzle Of The Week: Munchery And The Suppliers Left Behind
January 25, 2019  |  Sizzle/Fizzle

Despite raising over $125 million in venture funding from the likes of Greycroft, ACME Ventures (formerly known as Sherpa Capital), Menlo Ventures, e.Ventures, Cota Capital,...

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Munchery’s Out, So Who’s In To Travel Food Delivery’s Last Mile?
Munchery’s Out, So Who’s In To Travel Food Delivery’s Last Mile?
January 23, 2019  |  Delivery

Another one has bitten the dust when it comes to providing the vital last-mile delivery service for online consumers (especially the hungry ones). The news...

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On-Demand Delivery Service Munchery Ceases Operations
On-Demand Delivery Service Munchery Ceases Operations
January 22, 2019  |  Delivery

Munchery, the on-demand delivery startup that raised $125 million in venture funding, has shut down the service effective immediately. Reports citing an email Munchery sent to...

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