News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

India’s Snapdeal Prepping for $250M IPO

India’s Snapdeal Prepping for $250M IPO
India’s Snapdeal Prepping for $250M IPO
November 30, 2021  |  IPO

The Indian online retail giant Snapdeal is preparing to go public through an IPO of as much as $250 million. Get the Full Story Complete...

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60% of Consumers and Microbusinesses See Instant Payments as Critical to Payor Loyalty 
60% of Consumers and Microbusinesses See Instant Payments as Critical to Payor Loyalty 
November 30, 2021  |  B2B Payments

Small and medium-sized businesses (SMBs) receive more than one-third of their sales through ad hoc payments — infrequent, one-time transactions — PYMNTS research has found. In...

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YouTrip Raises $30M, Plans To Enter B2B Market  
YouTrip Raises $30M, Plans To Enter B2B Market  
November 30, 2021  |  Investments

Singapore’s YouTrip has raised $30 million in a Series A funding round, money the payments startup says it will use to enter the B2B payments...

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Central Bank Gives Nod to Mobile Money Licenses; Airtel Fast-Tracks Plans to IPO Mobile Money Unit
Central Bank Gives Nod to Mobile Money Licenses; Airtel Fast-Tracks Plans to IPO Mobile Money...
November 30, 2021  |  Mobile Wallets

The long-anticipated wait is over. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Carry1st, Chipper, PayPal Collab Gives Digital Payments Leg Up in Africa
Carry1st, Chipper, PayPal Collab Gives Digital Payments Leg Up in Africa
November 30, 2021  |  Partnerships

In a move to further accelerate digital payments in Africa, mobile games publisher Carry1st is collaborating with payments FinTech firm PayPal and cross-border payments platform...

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Cyber Monday Sales Fall to $10.7B
Cyber Monday Sales Fall to $10.7B
November 30, 2021  |  Retail

Cyber Monday sales fell for the first time in at least a decade, dropping 1.4% from $10.8 billion last year to $10.7 billion this year,...

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UK’s CMA Demands That Meta Sell Giphy
UK’s CMA Demands That Meta Sell Giphy
November 30, 2021  |  Meta

Citing potential harm to social media users and U.K. advertisers, the U.K.’s Competition and Markets Authority (CMA) announced its decision to require Meta (formerly Facebook)...

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Global Payments Company Wise Plans US Expansion
Global Payments Company Wise Plans US Expansion
November 30, 2021  |  Cross-border Payments

London-based global money transfer firm Wise will hire more than 150 new staff in 2022 as it expands its U.S. operations in Austin, Texas, relocates...

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FinTech Sandboxes Work, But Success Isn’t Always Measured in Companies Launched
FinTech Sandboxes Work, But Success Isn’t Always Measured in Companies Launched
November 30, 2021  |  Innovation

As the Federal Reserve Bank of New York and the Bank for International Settlements (BIS) launch a regulatory sandbox for FinTech companies, it’s worth looking...

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