FinTech-focused private equity firm Motive Partners has closed its second flagship fund, Motive Capital Fund 2, totaling $2.54 billion in capital commitments for the fund and its related investment vehicles, according to a Tuesday (July 12) press release. Get the Full Story Complete the form...
Amazon Prime Day 2022 is off and running, as are similar sales from other major retailers blowing out the overstocks built up to counter supply chain issues and now taking up space as back-to-school looms and the more ambitious among us start strategizing for holiday...
Peloton is ditching its self-owned manufacturing operations as part of a plan to expand its partnership with Taiwanese manufacturer Rexon Industrial and “simplify its supply chain” by focusing on its technology and content, according to a company press release Tuesday (July 12). Get the Full...
It may say “Amazon Prime Day” on many consumers’ calendars today, but in the world of Walmart, where 90% of Americans still live within 10 miles of one of its stores, it’s just another Tuesday for the brand that is so closely tied to “everyday low prices.”...
Peer-to-peer (P2P) transactions between bank accounts are gaining in popularity, evidenced by the triple-digit percentage gains in Zelle and Venmo volumes, due in part to faster payment rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Cross-border payments company LianLian Global could seek as much as 1.5 billion yuan ($223 million) as the Ant Group competitor eyes an initial public offering (IPO) in Hong Kong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
“Caveat emptor,” goes the old saying — buyer beware. 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,...
BlackFin Capital Partners has announced Monday (July 11) a second closing, for €350 million ($351 million), of its Tech 2 fund, which is dedicated to European FinTechs and InsurTechs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Today in B2B payments, almost half of businesses say their current systems can’t accommodate virtual cards, while automation is one way to transform your company into a future-focused organization. Plus, Vegrow will expand its AgriTech offering thanks to a recent $25 million funding round. Get...
