Recent moves from Donald Trump to undo policy changes in U.S. relations with Cuba have caused U.S. businesses to pull back on excitement over getting involved with the island, according to news from Reuters on Friday (Nov. 10). Get the Full Story Complete the form to...
Trouva, an online marketplace for merchants that don’t sell their products online, has raised $10 million in a new round of venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Despite failing to meet growth projections and seeing a decrease in ad sales, Snapchat disclosed that Tencent has increased its stake in the company by more than 12 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
SouChe.com, the Chinese car trading website, raised $335 million in venture capital funding, led by eCommerce giant Alibaba. 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...
Remitly, an independent digital remittance company, announced that it had agreed to raise up to $115 million in series D funding, according to Business Wire. PayU, a FinTech investment division of Naspers, will lead the investment round. Get the Full Story Complete the form to...
Constellation Brands, a beer distributor that owns Corona, announced that it has signed an agreement to buy an almost 10 percent stake in Canopy Growth Corporation, the world’s largest publicly traded cannabis company. Get the Full Story Complete the form to unlock this article and...
Ant Financial, the financial arm of China’s Alibaba, and Samsung Group, the South Korean consumer electronics giant, led a $40 million fundraising round for DeePhi Tech, the Chinese artificial intelligence (AI) startup. Get the Full Story Complete the form to unlock this article and enjoy...
Hiya, which was spun out by Whitepages a year ago, announced its first outside funding: a Series A of $18 million led by Balderton Capital, with participation from Nautilus Venture Partners and Lumia Capital. Get the Full Story Complete the form to unlock this article...
Investor, entrepreneur and former Apple exec Tony Fadell has unveiled his latest investment: a new investment and advisory firm called Future Shape that’s working with engineers and scientists. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
