Ant Financial, the financial services arm of China’s Alibaba, is making an investment in Mynt, a mobile payment and credit service in the Philippines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Banco Santander, the Spanish lender, has thrown its money into two artificial intelligence companies in an effort on the part of the financial industry to embrace AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Slightly more than $120 million in investment fund flows marked the week that ended Feb. 10. That’s a slowdown from the weeks prior and over the past several days, and no deal was in the triple-digit range. Get the Full Story Complete the form to...
Buying and selling homes is never an easy process. Buyers are trying to get the best bang for their buck, and sellers are trying to get as much money as possible for their property. Get the Full Story Complete the form to unlock this article...
Social Finance, or SoFi for short, is nearing an agreement to raise as much as $500 million in a new venture capital funding round, Bloomberg reported. That tally is likely to be led by Silver Lake Partners, the newswire said, and will be geared toward...
Fika Ventures, a seed investor in startups, has secured $40 million for its first fund. According to a report, Fika is aiming to invest in enterprise companies that are in the seed stage. While Los Angeles’ tech scene, where Fika is based, is focused on eCommerce, digital...
Goodwater Capital, the new consumer technology venture firm, has released what is seen as the first deep dive of Snapchat’s business, saying that while a valuation of $25 billion may not seem like a stretch for Snapchat in an IPO, it is facing competitive headwinds...
While many might have been surprised by House of Fraser’s announcement that it was investing at least £35 million in Tandem, a U.K. startup that’s building an app-only bank, the department store’s chairman said the deal “is just one illustration of how we’ll deliver a...
Over the last few years, Tesla has been slowly rolling out its autopilot capabilities through various vehicle updates via embedded technology. Through these investments, Tesla has provided a roadmap for other auto manufacturers. Get the Full Story Complete the form to unlock this article and...
