DraftKings To Merge, IPO At A $3.3B Market Value
DraftKings To Merge, IPO At A $3.3B Market Value
December 23, 2019  |  IPO

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Get the Full...

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India AP Automation Startup Finly Secures Funding
India AP Automation Startup Finly Secures Funding
December 23, 2019  |  B2B Payments

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec....

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Top News in Payments: Visa, TD Partner For US-Canada Money Transfers; Japanese Lenders Hinder SoftBanks’ WeWork Bailout
Top News in Payments: Visa, TD Partner For US-Canada Money Transfers; Japanese Lenders Hinder SoftBanks’...
December 23, 2019  |  News

In today’s top payments news, Visa partners with TD Bank to provide real-time transfers for U.S. TD Bank account owners to their Canadian accounts. Also,...

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Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
December 23, 2019  |  International

Indonesia has announced it’s going to reduce the threshold for taxing imported eCommerce consumer goods from $75 to $3, to help control the purchases of...

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SMB Payroll Outfit P&I Re-Acquired By Hg
SMB Payroll Outfit P&I Re-Acquired By Hg
December 23, 2019  |  B2B Payments

U.K. private equity firm Hg is reportedly set to acquire small business payroll software company Personal & Informatik (P&I) several years after first acquiring the...

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PayPal CFO Says Appetite For Acquisition Will Continue Into 2020
PayPal CFO Says Appetite For Acquisition Will Continue Into 2020
December 23, 2019  |  Partnerships / Acquisitions

Payments company PayPal recently acquired Chinese payment platform GoPay, and it wants to continue to complete such deals, according to a report by The Wall...

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Turkish Hacker Convicted Of Apple Blackmail Attempt
Turkish Hacker Convicted Of Apple Blackmail Attempt
December 23, 2019  |  Security & Fraud

A 22-year-old Turkish man from London was convicted of attempting to blackmail Apple out of $75,000 in cryptocurrency or a thousand $100 iTunes gift cards...

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Klarna Co-Founder Among Swedish Startup Execs Funding Social Change
Klarna Co-Founder Among Swedish Startup Execs Funding Social Change
December 23, 2019  |  Investments

The leaders behind Klarna, Minecraft and Candy Crush Saga are joining other startup founders and H&M’s founding Persson family to fund firms that are trying...

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SEC Investigates Unicorns Direct Listings
SEC Investigates Unicorns Direct Listings
December 23, 2019  |  Regulation

Might unicorns have their wings clipped – just a bit? Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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