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- A report from consulting firm Deloitte found that 57% of consumers use a digital app to order restaurant food for off-premise dining, up from 54% in 2020. Even for ordering in a restaurant, 64% of consumers prefer to place their order digitally, up from 53% last year. The survey of 1,000 consumers also found that 25% prefer a digital or contactless payment method to a physical one.
- American Express Co. launched Kabbage Funding, a service that extends a line of credit between $1,000 and $150,000 to small businesses.
- Mobile-parking app provider ParkMobile LLC said users can pay for parking in Telluride, Colo., as the ski season starts there. ParkMobile says it has 29 million users in North America, including 1 million in Colorado.
- Payments-technology provider Rapyd said it will acquire Neat, a Hong Kong-based company that provides cross-borders services for businesses, including payments. Terms were not announced. Stripe Inc. is among the investors in Rapyd.
- San Francisco-based Chargebee, whose platform supports subscription-based businesses, said it has opened an office and data center in Sydney, Australia.
- Paysafe Ltd. announced chief executive Philip McHugh and other top officials and board members of the payments company collectively purchased $2.8 million of Paysafe stock. The shares were trading early Wednesday at $3.64, down by more than half over the past four weeks since the company announced regulatory changes in Europe had impacted its key digital-wallet business
- Bob Lee, formerly chief technology officer at Square Inc. (which will change its name to Block Inc. on Friday), has assumed the role of chief product officer at MobileCoin, a payments startup based on digital currency.
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