Another super app competitor is stepping into the increasingly crowded Asian market as South Korea’s largest FinTech startup, Toss, has announced it has raised roughly $400 million, bringing the firm’s total valuation to $7.4 billion. The Seoul-based, Viva Republica-owned startup is now setting its sights...
The European Commission is busy forming a Joint Cyber Unit that will help to deal with rising cybercrime, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s top payments news around the world, WeRide has notched a $310 million infusion of capital from investors, while Dingdong has its sights set of a $6 billion valuation when it goes public in the United States. Plus, Amazon Payment Services has launched a...
Jack Ma’s Ant Group is in the midst of discussions with enterprises owned by China that would create a credit-scoring firm while making Ant’s data transparent to the country’s regulators, The Wall Street Journal reported on Wednesday (June 23), citing sources. Get the Full Story...
China’s border restrictions enacted for the COVID-19 pandemic are staying in place for a minimum of one year, with Beijing officials raising concerns over new strains of the virus as “sensitive” events are on tap, The Wall Street Journal reported on Tuesday (June 22), citing...
Fiserv and Deutsche Bank are working together on a joint venture to provide payment acceptance and banking offerings to small and medium-sized businesses (SMBs) in Germany – pending regulatory approval, according to a Monday (June 21) announcement. Get the Full Story Complete the form to...
In today’s top payments news around the world, the technology industry in the United Kingdom has achieved a significant milestone, while global investment is heating up in the Middle East and Southeast Asia. Plus, Societe Generale has chosen Temenos to modernize corporate banking in Asia...
The United Kingdom tech industry hit a major milestone on Thursday (June 17), with 100 tech firms in the country reaching a valuation of at least $1 billion to attain unicorn status, according to an announcement that cited Tech Nation and Dealroom data. Get the...
In today’s top payments news worldwide, Checkout.com has acquired Icefire, while Bringg has raised $100 million in an Insight Partners-led funding round. Plus, Vodafone and Amazon Web Services collaborate to bring “edge computing” to business clients in the United Kingdom. Get the Full Story Complete...
