Wormhole, a communication bridge between Solana and other decentralized finance (DeFi) blockchain networks, was hacked to the tune of about $320 million in cryptocurrency, according to a Bloomberg report Wednesday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy...
Today in B2B payments, suppliers and buyers push for more consumerized B2B payments, and Marathon Ventures launches a $26 million growth fund for B2B platforms in emerging markets. Plus, flexible credit options are providing software platforms with increased liquidity and new opportunities for growth, while...
Mergers and acquisitions (M&A) financing platform Boopos announced on Wednesday (Feb. 2) that it’s raised $30 million in a combined debt and equity Series Seed financing round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Nubank founder and CEO David Vélez sees the economic struggles of Brazil as a potential opportunity for even faster growth for his digital banking platform across Latin America and around the world, he said in a Reuters report Wednesday (Feb. 2). Get the Full Story...
Today in food commerce, Chili’s parent company Brinker International invests in off-premise-centric store formats, and Uber Eats promises 25-minute deliveries. Plus, funds pour in by the millions for QR code restaurant payments. Get the Full Story Complete the form to unlock this article and enjoy...
Americans reported losing about $770 million to fraud on social media last year, an 18-fold increase from 2017, the Federal Trade Commission (FTC) recently reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Apparently ignoring the writing on the wall, Uber is entering into ultrafast 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 to our daily newsletter, PYMNTS Today....
Colombia-based venture capital firm Marathon Ventures has closed its first fund of $26 million, according to a Wednesday (Feb. 2) announcement that says the money will be used to invest in close to 20 business-to-business (B2B) platforms in FinTech, Software-as-a-Service (SaaS) and marketplaces. Get the...
London cross-border transfer startup Zepz is weighing an initial public offering (IPO) on Wall Street at an estimated $6 billion valuation, bypassing the U.K.’s push to drive more tech companies to list there, Bloomberg reported on Wednesday (Feb. 2) citing sources with insider information. Get...
