The South African Reserve Bank on Tuesday (March 22) announced plans to launch an initial public offering (IPO) for its 50% stake in small lender African Bank Holdings Ltd (ABHL) after it decided not to sell its share to investors, none of which were considered...
Indian food delivery service Zomato has gotten a wave of social media backlash over its plans to launch a 10-minute food delivery service that critics say endangers drivers and riders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Payfare, the FinTech that allows instant payouts and digital banking solutions for the gig economy, has increased fuel purchase rewards for DoorDash workers in the United States, the Toronto-based company announced Tuesday (March 22). Get the Full Story Complete the form to unlock this article...
Just Eat Takeaway, Europe’s largest meal ordering service, has signed a long-term strategic partnership with McDonald’s to expand delivery. 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...
ParkBee, a Dutch startup that transforms rarely used parking spaces into bookable spots for the public, has closed a 30 million euros ($33 million) funding deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Artificial intelligence (AI)-powered trading automation platform Saphyre has raised $18.7 million in a Series A funding round led by HCAP Partners, assisted by J.P. Morgan and BNP Paribas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Blockchain-based non-fungible token (NFT) protocol Upshot on closed a $22 million Series A2 fundraising round that it will use for additional research and development of its NFT pricing models and to add more employees, according to a company press release on Tuesday (March 22). Get...
Galileo Financial Technologies, the Salt Lake City, Utah-based subsidiary of SoFi Technologies, has expanded its services in Colombia, South America, the company announced Tuesday (March 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Global eCommerce payments enabler Reach has secured $30 million in a fundraising round that it plans to use to build its global customer base for merchants through its payments, tax and fraud platform, according to a Tuesday (March 22) press release. Get the Full Story...
