Genesis to Get $140M Equity Infusion from Parent Company
Genesis to Get $140M Equity Infusion from Parent Company
November 11, 2022  |  Cryptocurrency

Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives...

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Kyte Raises $60M to Expand on-Demand Car Rental Offerings
Kyte Raises $60M to Expand on-Demand Car Rental Offerings
November 11, 2022  |  Investments

On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add...

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Nearly a Quarter of Struggling Households Rely on a Single Income
Nearly a Quarter of Struggling Households Rely on a Single Income
November 11, 2022  |  Economy

The idea of households having a sole breadwinner seems almost quaint in 2022 given changes to workplace composition and the massive spike in costs over...

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Egyptian B2B eCommerce Platform SPEED Acquired by X-ERA
Egyptian B2B eCommerce Platform SPEED Acquired by X-ERA
November 11, 2022  |  Acquisitions

The UAE-based logistics tech company X-ERA has completed its takeover of the Egyptian business-to-business (B2B) eCommerce platform SPEED, Martechvibe reported Thursday (Nov. 10). Get the Full...

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Report: Twitter Paused Blue Subscriptions to Halt Fraudulent Accounts
Report: Twitter Paused Blue Subscriptions to Halt Fraudulent Accounts
November 11, 2022  |  Subscriptions

After days of users taking advantage of the blue check of Twitter’s redesigned Blue subscription plan to impersonate people and companies, the social media platform...

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AliPay+ Transactions up 40% During Singles Day Shopping Event
AliPay+ Transactions up 40% During Singles Day Shopping Event
November 11, 2022  |  Digital Payments

During the 10 days leading up to China’s Singles Day shopping event, there was a 40% increase in the number of online transactions via the...

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FTX US and Alameda Research Each Have Liabilities of $10B to $50B
FTX US and Alameda Research Each Have Liabilities of $10B to $50B
November 11, 2022  |  Cryptocurrency

FTX-affiliated trading firm Alameda Research and FTX US reportedly each have liabilities of as much as $50 billion.  Get the Full Story Complete the form...

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UK Launches New FinTech Innovation Center
UK Launches New FinTech Innovation Center
November 11, 2022  |  Innovation

A new private sector-led body has been launched in the United Kingdom to nurture the country’s FinTech ecosystem. Get the Full Story Complete the form...

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Wheel to Acquire GoodRX Care’s Back-End Virtual Tech
Wheel to Acquire GoodRX Care’s Back-End Virtual Tech
November 11, 2022  |  Acquisitions

HealthTech company Wheel is to acquire the back-end virtual care technology of GoodRX Care to strengthen Wheel’s virtual-first care platform and accelerate its expansion into...

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