Global payments firm peerTransfer announces today (January 13) that it closed a major funding round and hit a key profitability milestone. peerTransfer is an efficient, cost effective and transparent alternative to the existing friction-laden international funds transfer services, including bank wire. peerTransfer’s global payments platform...
Chinese e-commerce giant Alibaba and its financial-services affiliate have agreed to invest $575 million to jointly in India’s One97 Communications Ltd.’s online-payment and marketplace businesses, sources familiar with the matter told The Wall Street Journal. Get the Full Story Complete the form to unlock this article...
Alibaba and SoftBank are holding joint discussions with bankers in India as they try to secure a slice of India’s consumer e-commerce market, according to India’s Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
America’s greatest musical treasure Elvis Presley once sang that what he needed was “a little less conversation, a little more action,” a motto that the team at Mozido seems to have taken to heart. In a year-ending surprise, the Austin-based cloud platform mobile payments and...
Global payments vendor Adyen on Tuesday (Dec. 16) said that it has closed $250 million in new funding, led by global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures. Get the Full Story Complete the form to unlock...
As Alibaba, Amazon and other global ecommerce players ramp up their operations in India, New Delhi-based online marketplace Snapdeal is beefing up by acquiring online gift retailer Wishpicker, India’s Economic Times reported on Thursday (Dec. 11). Get the Full Story Complete the form to unlock...
PYMNTS.com Bitcoin Price and Volatility index. 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, PYMNTS Today. By completing this form, you agree to...
E-Commerce services firm Bigcommerce has emptied an investment shopping cart to the tune of $50 million, courtesy of SoftBank Capital, American Express Ventures, Telstra Ventures, Revolution Growth and General Catalyst, Recode reported. Get the Full Story Complete the form to unlock this article and enjoy...
In the late 90’s there was a popular bumper sticker “Think Globally, Act Locally,” that had all but disappeared by the mid-2000’s when their original owners bought Priuses, which successfully conveyed the same message without the risk to the paint that accompanies a bumper sticker....