After a $40 million Seed funding round, payment startup PalmPay has officially launched in Nigeria. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Delivery startup DoorDash, which is backed by investing giants like SoftBank Group and Sequoia Capital, has received an investment of $100 million, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
China’s Alibaba Group has unveiled a secondary listing plan in Hong Kong dubbed “Project Tangerine” in an effort to raise about $13 billion, The Wall Street Journal reported on Wednesday (Nov. 13). Get the Full Story Complete the form to unlock this article and enjoy...
Australian buy-now, pay-later platform Afterpay Touch notched $200 million from U.S. technology investor Coatue Management, Afterpay announced in a press release on Wednesday (Nov. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Alibaba-backed Chinese electric vehicle (EV) startup XPeng has raised nearly $400 million from investors, including Xiaomi Corp, in a new funding round, Reuters reported Tuesday (Nov. 12), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Ohio-based startup Loop closed a $10 million Series A funding round led by FirstMark Capital with participation by Lerer Hippeau and Ridge Ventures, Loop said in a press release on Tuesday (Nov. 12). Get the Full Story Complete the form to unlock this article and...
Africa’s veteran FinTech firm Interswitch became the sector’s first unicorn following a $200 million investment by Visa that gave it a 20 percent equity stake in the firm, SkyNews reported on Sunday (Nov. 10), citing a source. Get the Full Story Complete the form to...
Travis Kalanick, the former CEO of Uber who was ousted from the ridesharing company after a series of scandals, has offloaded about $500 million of Uber stock as a six-month lock-up period ended on Nov. 6, according to a report by the Financial Times. Get...
China is looking to coax tech listings, following a failed attempt with mainland investors, The Wall Street Journal (WSJ) reported on Thursday (Nov. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
