SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address racial inequities in the United States amid coast-to-coast protests over police brutality. Get the Full Story Complete the form to...
PayPal has re-upped its stake in Tink with an investment of an undisclosed size that was part of a previously announced 90 million euro funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
PayPal and Facebook are collaborating on a funding round by GoJek, the Indonesian digital payments company, to boost their profiles in Southeast Asia’s financial services sectors and fuel its use among small businesses, the tech companies announced. Get the Full Story Complete the form to...
Boston’s biotech industry raised more than $1.5 billion in venture capital funding in May, BostInno reported. 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...
Looking beyond COVID-19, Wall Street is betting the at-home fitness boom will outlast the social distancing era. 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...
Starling, a United Kingdom-based digital bank, has raised $49 million in a funding round led by its investors Merian Chrysalis Investment Co. and Harald McPike, founder of QuantRes, Yahoo! Finance reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As it looks for a new way to hop into India’s hot mobile market, Google may be ready to take on rival Facebook, which has backed the dominant Indian telecom Jio Platforms. Get the Full Story Complete the form to unlock this article and enjoy...
California-based FinTech Marqeta has grabbed $150 million in a venture funding round that values the card-issuing and payments processing company at $4.3 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As it follows peers in investing in startups disrupting traditional banking, UBS Group AG is dedicating hundreds of millions to back FinTechs. The firm is intending to have a corporate VC fund to make investments ranging from $10 million to $20 million and intends to...
