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Revolut has reportedly offered to repurchase shares from former employees at a 30% discount to its recent funding round.
The U.K. FinTech is giving ex-staffers the opportunity to sell their shares back to the company — recently valued at $75 billion — for $966.74 each, the Financial Times (FT) reported Tuesday (Dec. 9), citing correspondence seen by its reporters.
Former workers who...
Safebooks has emerged from stealth and announced it raised $15 million in seed funding for its intelligent automation layer for quote-to-revenue finance operations.
The Agentic Revenue Integrity (ARI) layer provides continuous monitoring, reconciliation and artificial intelligence-powered automation, eliminating the need for manual reviews, reconciliations and data entry, the company...
Sweden-based flexible payments provider Klarna has extended its relationship with Apple to two new countries.
The company’s pay-later products are now available for consumers checking out on Apple Pay in France and Italy, Klarna announced Tuesday (Dec. 9). This brings the Klarna-Apple Pay collaboration to a total of eight major markets, after adoption in Denmark, Spain, Sweden, the U.S...
Google is facing an antitrust investigation in Europe tied to its artificial intelligence (AI) tools.
The European Commission (EC) announced Tuesday (Dec. 9) that it is looking into whether Google had hindered competition by imposing unfair conditions on content creators, and by giving its own AI model an edge over competitors.
The investigation will look at whether Google used web...
Watch more: The Digital Shift: Verra Mobility’s Stacey Moser
Automakers have spent the past decade polishing and promising visions of a software-defined future for vehicles and drivers. It’s one where cars become intelligent devices, services are activated with a tap, and digital ecosystems can generate the kinds of recurring revenue Silicon Valley would admire.
Yet for all the talk,...
Retail’s triple crown of Walmart, Amazon and Target saw major shifts in who shopped this year’s Black Friday sales—and not all the changes were identical.
New PYMNTS Intelligence data shows that as millions of Americans became more cost-constrained this summer and fall, they overwhelmingly favored Amazon. Widespread pocketbook tightness helped skyrocket the share of Black Friday...
Watch more: Need to Know: Mastercard’s Marc Pettican
Commercial card acceptance has been limited for years by myths and outdated assumptions. Acquirers have believed that commercial cards are too complex, too expensive and not margin rich enough to justify resources.
Marc Pettican, global head of corporate solutions at Mastercard, said those beliefs don’t reflect the changing realities...
Inflation expectations are steady, but households are not. The latest results from the Federal Reserve Bank of New York released on Monday (Dec. 8th) show consumers believe prices will continue rising while personal financial conditions are poised to deteriorate.
Inflation Expectations Steady But Uneasy
According to the November Survey of Consumer Expectations, median one-year-ahead...
Consumers are reshaping how they use credit, and PYMNTS Intelligence data shows that installment plans are becoming a central tool for managing cash flow in both predictable and discretionary spending.
The shift reaches well beyond summer travel patterns. It signals a broader realignment in how households balance flexibility, rewards and affordability.
The report, “The Pay Later...
Instant payouts are gaining traction as more recipients choose to receive money immediately. According to From Fast to Sticky: Why Instant Payouts Win Repeat Customers, a November 2025 PYMNTS Intelligence study produced in collaboration with Ingo Payments, more than half of individuals who receive instant payments at least once choose instant as their most used method for receiving funds. Waiting...