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Grubhub has agreed to a preliminary settlement in which it will pay $7.1 million to restaurants that alleged the company harmed their reputations by falsely advertising that they had partnered with the online food delivery platform.
The plaintiffs’ lawyers in the class action lawsuit filed the preliminary settlement Tuesday (Aug. 26), and it now awaits a judge’s approval, Reuters...
Retail is being rewritten in real time as price-pressured shoppers chase value.
Dollar General said during its Thursday (Aug. 28) second-quarter 2025 earnings call that its business model is finely tuned to these shifting consumer dynamics.
“We are pleased with our strong second-quarter results, including earnings growth that significantly exceeded our expectations,” Dollar General CEO...
M0 has raised $40 million for its platform, which lets crypto apps and protocols create application-specific stablecoins.
The company’s Series B round, announced Thursday (Aug. 28) in a news release provided to PYMNTS, was led by Polychain Capital, Ribbit Capital and Endeavor Catalyst Fund, as well as existing investors including Road Capital, Pantera and Bain Capital Crypto.
Founded...
How many new “unicorns” will Europe produce for the remainder of 2025?
If the first six months of the year is any indication, it could be in the dozens, TechCrunch wrote Thursday (Aug. 28).
As that report notes, “mega-rounds” aren’t as prevalent these days as they were in 2021. Still, at least 12 European startups have reached “unicorn” status so far this year, meaning that they...
Rain raised $58 million in a Series B funding round to expand its global stablecoin infrastructure platform and services.
The company’s technology is used by enterprises, neobanks, platforms and developers to move, store and use stablecoins instantly and compliantly through global payment cards, on/offramps, wallets and cross-border rails, according to a Thursday (Aug. 28) press...
Aurelian began life as a company that automated hair salon appointment bookings.
Now, its mission is to use artificial intelligence to handle non-emergency calls for 911 centers. Aurelian raised $14 million in a Series A funding round to help more emergency communications centers (ECCs) in the United States, according to a Wednesday (Aug. 27) press release.
Aurelian CEO and co-founder...
The National Football League has expanded its partnership with Microsoft to put new artificial intelligence (AI) tools in the hands of its 32 teams in time for the start of the 2025 football season on Sept. 4.
The multiyear deal will equip all of the NFL’s teams with more than 2,500 Microsoft Surface Copilot+ PCs, upgrading existing sideline devices and giving players and coaches...
U.K. FinTech Revolut is reportedly getting closer to entering the U.S. banking space.
The company is mulling hiring investment bankers to advise it on a possible acquisition of an American lender to bolster its growth in the U.S., Bloomberg News reported Thursday (Aug. 28), citing sources familiar with the matter.
One source told the news outlet that Revolut is still deciding between...
Watch more: SMBs and Unified Commerce — Playing Big in a Mobile-First World
Consumer expectations for fluidity between online, mobile and physical storefronts are at an all-time high. But it’s time they all come together.
Unified commerce offers small to mid-sized businesses (SMBs) an unprecedented opportunity to elevate their commercial prospects, said Authorize.net Senior Director...
Watch more: Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce
For merchants, the coming wave of agentic artificial intelligence (AI) represents both a revenue opportunity and a rising fraud risk.
Artificial intelligence (AI)-powered shopping assistants—algorithms executing purchases on behalf of consumers—are already starting to interact with checkout systems. But...