In today’s increasingly interconnected and digital world, it’s never been better to be a business. But that doesn’t mean it is any easier to be one. And for today’s businesses looking for a little certainty amid an unknowable macro backdrop, working capital innovations are emerging...
TikTok Shop has teamed with Storfund to offer sellers an embedded cash flow solution. The new offering, dubbed Daily Advance, is the first of its kind in a major U.S. marketplace, according to a Monday (Oct. 7) press release. It will see Storfund — a London-based FinTech providing...
Embedded lending options are proving to be critical lifelines for individuals and the smallest businesses — particularly in an uncertain macro environment marked by relatively high interest rates. “Many times in life, when you expect it least, … and you need availability [and speed] when...
Hospitality cloud platform Mews has raised $100 million in financing from Vista Credit Partners. The new funding comes at a time when cloud adoption is accelerating throughout the $15.5 trillion global travel and tourism sector, Mews said in a news release on Thursday (Sept. 26)....
October 03, 2024
Embedded lending options are proving to be critical lifelines for individuals and the smallest businesses — particularly in an uncertain macro environment marked by relatively high interest rates. “Many times in life, when you expect it least, … and you need availability [and speed] when it comes to credit — or access to cash flows […]
May 16, 2024
Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around buy now, pay later (BNPL)...
May 09, 2024
Banks and corporates by and large showed cautious optimism regarding consumer spending during the first-quarter earnings season. Now, the operative question surrounds the use of credit for the balance of...
April 15, 2024
The Asia-Pacific (APAC) region contributed roughly two-thirds of global growth last year. PYMNTS Intelligence recently studied Growth Corporates, or mid-market firms, in the APAC region to determine how they leveraged...
November 07, 2024
Buy now, pay later (BNPL) firm Sunbit has received a $355 million debt warehouse facility. The new financing, announced Monday (Nov. 4), was led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management following a $310 million facility earlier this year with Citi and Ares Management. “2024 has been a breakout year for Sunbit, […]
October 07, 2024
TikTok Shop has teamed with Storfund to offer sellers an embedded cash flow solution. The new offering, dubbed Daily Advance, is the first of its kind in a major U.S. marketplace, according to...
September 26, 2024
Hospitality cloud platform Mews has raised $100 million in financing from Vista Credit Partners. The new funding comes at a time when cloud adoption is accelerating throughout the $15.5 trillion...
September 19, 2024
Mercado Libre has reportedly secured $250 million in financing from JPMorgan to grow the business of its FinTech arm Mercado Pago in Mexico. The company will use the new resources...
