Rakuten Ventures announced a major move to help boost investments for startups in Japan. 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...
In its latest bid to amp up its game against Uber, Chinese ride-hailing service Didi Kuaidi has attracted a $200 million investment from China Merchants Bank (CMB) as a part of its $3 billion fundraising round. Get the Full Story Complete the form to unlock...
While there are any number of services that have tried to offer the “Uberized” version of almost every service — dry cleaning, dinner delivery, grocery shopping, the list is almost endless (for now) — attempts at offering the same service, though pitched at a somewhat...
It is not just the East Coast grappling with winter chill; even the West Coast has tech investments that are continuing to cool down with a slide in public and private valuations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
LendUp has raised $150 million in Series B funding to expand its product reach and credit facility. 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...
WeLab, a Hong Kong-based FinTech startup, has raised $160 million in its Series B round to further expand its roots in the Chinese market with the launch of new financial products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The phrase “creative accounting” usually comes in relation to SEC investigations and court sentences, but the fact of the matter is that corporate finances aren’t the cut-and-dry concept that consumers might think they are. Rather, some differing interpretations of the same numbers can lead to...
Factoring – or the financing based on receivable debt – is a fairly ancient idea that has existed as a method of financing commerce for almost as long as buyers, suppliers, and a lag between receiving goods and paying for goods has been around. ...
It would be fair to say that 2015 was a tough year for Foursquare, and so far, it looks like 2016 is definitely going to be tougher, since its valuation is now approximately half of what it once was. Get the Full Story Complete the...