Munchery news and trends

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

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, and paid for by those customers, didn’t always mean the small- to mid-sized businesses (SMBs) that provided the goods got...

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

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. In Scotland, the Federation of Small Businesses (FSB) wants late payers to be banned from receiving government contracts.

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

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 ransomware become known commodities in the world of digital security, the hackers and crackers just change up their methods. Their...

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

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 not have come as a surprise, Munchery’s demise is nevertheless leaving its suppliers high and dry, according to reports Wednesday...

Interviews & Exclusives
Can Better (Digital) Credit Help SMBs Thrive?

March 05, 2019
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, and paid for by those customers, didn’t always mean the small- to mid-sized businesses (SMBs) that provided the goods got paid. Just take the recent story of Three Babes Bakeshop […]

Munchery’s Out, So Who’s In To Travel Food Delivery’s Last Mile?

January 23, 2019
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 that on-demand delivery startup Munchery...

Quick Reads
Munchery Leaves Consumers, Vendors Out $6M

March 05, 2019
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 and suppliers. The company ceased operations in late January after laying off 30 percent of its workforce in May 2018. That came after it shut down service in Seattle, Los Angels, and New […]

Munchery Sued By Ex-Employees Over Shutdown

January 29, 2019
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 former Munchery facilities worker Joshua...

On-Demand Delivery Service Munchery Ceases Operations

January 22, 2019
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 customers Monday (January 21) said...

Munchery Shuts Down Its Service In Seattle, NY, LA

May 14, 2018
Munchery Chief Executive James Beriker announced late last week that the company is shutting down operations in Seattle, New York, and Los Angeles. In a blog post, Beriker said the...