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Report: Digital Lender SoFi Eyes IPO Via SPAC

PYMNTS

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. It has also begun work in stock trading and cash management accounts. SoFi was valued at $4.8

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Online Liquidation Enjoys Fresh Growth As More Consumers Embrace Returns

PYMNTS

Online liquidation is nothing new, of course, but it’s gaining force and taking new forms, as the YouTube videos demonstrate. Online liquidation is nothing new, of course, but it’s gaining force and taking new forms, as the YouTube videos demonstrate. More Returns.

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Airbnb Acquires HotelTonight: A Review Of The Online Travel Booking Market

CB Insights

On March 7th, Airbnb acquired HotelTonight , a last-minute hotel booking startup backed by Accel, Battery Ventures, Coatue Management, and First Round Capital, among others. HotelTonight started offering last-minute hotel bookings via its mobile app in 2011 and has raised over $117M. Become a CB Insights customer.

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24 Big European Banks Take On Visa, Mastercard With Their Own Payment System

PYMNTS

A so-called “scheme manager” will be the central governing body, the online news service reported. In 2011, PYMNTS reported on the Monnet Project , where two dozen European banks from seven countries considered starting a new European card system. This is not the first time that European banks have tried such a model.

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Yotpo Joins UPS eCommerce Tech Program For SMBs

PYMNTS

Yotpo, the New York-based eCommerce marketing platform, has been selected as a partner by the UPS Customer Technology Program ( CTP ) that promises to provide small and medium-sized businesses (SMBs) with access to customer reviews, visual marketing, loyalty and referrals, the company announced. Terms of the deal were not disclosed.

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Vietnam’s AppotaPay Granted Intermediary Payments License

PYMNTS

Founded in 2011, Appota Group grew out of the Topica Founder Institute. Its online gaming ecosystem generates content, advertising, esports and more. Now that our license is approved, we can provide a broader range of services in the payment market and reach more customers,” a company spokesperson told Tech in Asia.

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PICKUP Teams With Postmates For Quicker Last-Mile Deliveries

PYMNTS

“No other platform features the PICKUP Good Guys, a curated network of vetted independent contractors delivering big and heavy goods, enabling PICKUP to provide retailers greater value across their assortment than any other solution on the market today,” she said. Postmates was launched in 2011 and is based in Silicon Valley.

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