WHO Warns Europe Is Entering ‘Acute’ Phase Of Pandemic
WHO Warns Europe Is Entering ‘Acute’ Phase Of Pandemic
January 07, 2021  |  Coronavirus

The World Health Organization (WHO) is warning that Europe is likely entering into the “acute” phase of the COVID-19 pandemic as nations scramble to quell...

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WeLink Lands $185 Million In Financing For 5G Network Rollout
WeLink Lands $185 Million In Financing For 5G Network Rollout
January 07, 2021  |  Investments

Utah startup WeLink has raised $185 million to roll out its 5G fixed-wireless broadband network in new markets across the United States, the company announced...

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Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 
Mambu’s Valuation Hits $2 Billion After TCV-Led Investment Round 
January 07, 2021  |  Investments

Cloud banking startup Mambu has raised €110 million (nearly $135 million) in a new funding round aimed at financing the company’s global expansion. Get the...

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BNPL Startup Uplift Notches $68 Million To Advance Travel Payments
BNPL Startup Uplift Notches $68 Million To Advance Travel Payments
January 07, 2021  |  Buy Now Pay Later

Silicon Valley buy now, pay later (BNPL) startup Uplift has closed a $68 million credit line deal with Atalaya Capital Management.  Get the Full Story...

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Financial Services Platform SoFi Plans IPO Via SPAC
Financial Services Platform SoFi Plans IPO Via SPAC
January 07, 2021  |  IPO

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. V to file an initial public...

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Goldman’s Giovanni Joins Instacart As New CFO
Goldman’s Giovanni Joins Instacart As New CFO
January 07, 2021  |  Personnel

As it reportedly readies for an initial public offering (IPO) led by Goldman Sachs, Instacart named a veteran of the investment bank as its new chief...

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China’s Ant Group Mulling Creation Of New Consumer Loan Unit
China’s Ant Group Mulling Creation Of New Consumer Loan Unit
January 07, 2021  |  International

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while...

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US Services Sector Grows for Seventh Month, Trade Association Says
US Services Sector Grows for Seventh Month, Trade Association Says
January 07, 2021  |  Economy

Economic activity in the services sector grew in December for the seventh month in a row, the Institute for Supply Management said in a Thursday (Jan. 7) press...

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PayPal Leads Investment In Crypto Tax Automation Startup TaxBit
PayPal Leads Investment In Crypto Tax Automation Startup TaxBit
January 07, 2021  |  Investments

Cryptocurrency tax automation software startup TaxBit said it has received a new round of funding led by new investors PayPal and Coinbase Ventures, along with...

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