article thumbnail

Adyen gets UK banking license after temporary approval

BankInovation

Adyen NV has won approval for a UK banking license, replacing its temporary post-Brexit permission to offer embedded finance and other payments services. The Dutch company said the Financial Conduct Authority’s authorization allows it to continue operations in its UK branch.

NV 66
article thumbnail

Takeaway Says Just Eat Takeover Is A Done Deal, Approval Pending

PYMNTS

While the two firms still need the go-ahead from a competition authority before they combine operations, Netherlands-based online food ordering company Takeaway.com made it known that its purchase of Just Eat was a done deal. 10 in its all-stock offer for Just Eat, which came out ahead of a competing Prosus NV cash bid.

NV 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ahold Delhaize Bolsters Investment In eCommerce

PYMNTS

As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The company owns the Peapod eCommerce grocery offering in the United States in addition to click-and collect offerings, The Wall Street Journal reported.

NV 160
article thumbnail

Mattress Firm May Be Gearing Up For Bankruptcy Filing

PYMNTS

Mattress Firm , seeking to shore up its operations and get rid of store leases, is reportedly gearing up for a bankruptcy filing. Mattress Firm and its parent company, Steinhoff International Holdings NV, didn’t respond to Reuters ’ requests for comment. In addition, the sources said that it is expected. percent and closed at $52.64

NV 122
article thumbnail

Grocers Bolster Delivery Efforts With Small Warehouses

PYMNTS

As grocers test out different approaches to get products to shoppers in a more efficient manner, food retailers are betting big on small warehouses to shore up their growing delivery operations. Kroger, which is reportedly the country’s largest supermarket operator, is making larger distribution centers for delivery.

San Jose 131
article thumbnail

Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs

PYMNTS

No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Cannabis operator Curaleaf Holdings announced July 18 it will acquire GR Companies (“Grassroots”), the largest private vertically integrated multi-state operator. .

Nevada 139
article thumbnail

Bidders For eBay Classifieds Unit Ready To Pay Up To $2.6B

PYMNTS

Those who are left taking part in the auction are Adevinta ASA, Prosus NV, and a group composed of Blackstone Group Inc., With the last bids due in early July for eBay Inc.’s s classified advertising business, private equity companies seeking to win the auction could arrange for as much as $2.6 And, in May, news surfaced that KKR & Co.-backed

NV 141