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Today In Retail: Birkenstock Might Sell To CVC; Cognira Releases AI Suite For Retail

PYMNTS

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Birkenstock Discusses Potential Sale With CVC Capital Partners. Birkenstock is reportedly in talks for a sale to CVC Capital Partners.

Retail 239
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The Buyers: Omnichannel Customer’s Impact On Retailers

PYMNTS

No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift. Through this omnichannel experience, retailers have more ways to connect with consumers.

Retail 137
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India’s Nascent Pet Care Industry Gets Its First Online Retailer

PYMNTS

Petpal was officially launched in 2015 and offers more than 1,000 products to some 50,000 users primarily located in the country’s three most affluent cities. To scale the business, and after getting no venture capital backing, Gorthy decided to go the crowdfunding route to raise the money needed to take Petpal to the next level.

Online 177
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German FinTech N26 Eyes IPO With Hiring Of New CFO

PYMNTS

The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange. In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

Fintech 254
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Auto Sales Race Toward A New Retail Future

PYMNTS

Close the door and buckle up – retail automotive sales are getting an upgrade. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S.

Retail 131
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Centana Growth Partners closes $375m fintech fund

Bank Innovation

The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies. Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week.

Fintech 293
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Japanese FinTech Kyash Notches $45M Despite Pandemic

PYMNTS

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.

Fintech 201