News

Security & Fraud
Cyberattack Forces Closure of Toyota’s Japanese Factories
February 28, 2022

Toyota said it will suspend production at its Japanese factories after a cyberattack directed at a supplier of plastic and electronic components, triggering a loss of about 13,000 cars, according to a on Monday (Feb. 28) Reuters report. Get the Full Story Complete the form...

Investments
IndiaMART Purchases Stake in Realbooks
February 28, 2022

Indian B2B marketplace IndiaMART will invest $1.8 million in Realbooks, a cloud-based accounting software platform, a move that gives it a 26.01% stake in the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
BitConnect Fraud Indictment Highlights the ICO Era Driving Crypto Enforcement Today
February 28, 2022

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Banking
Secret JPMorgan Division Developing Startup Investment Platform
February 28, 2022

JPMorgan is reportedly in the midst of developing a business unit dedicated to private companies that will offer an array of services around the concept of matching startups and investors, CNBC reported on Monday (Feb. 28), citing sources with insider information.  Get the Full Story...

Investments
JPMorgan Invests in Blockchain Firm TRM
February 28, 2022

J.P. Morgan Chase is the latest investor in blockchain intelligence company TRM Labs, according to a Monday (Feb. 28) press release. The amount of the investment was not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Milezmore Raises $5M in Pre-Seed Funding
February 28, 2022

Cairo, Egypt-based logistics provider Milezmore has raised $5 million in pre-seed financing, the company announced Monday (Feb. 28). 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...

Investments
Online Grocer Weee Raises $425M
February 28, 2022

Online grocer Weee has raised $425 million in late-stage funding amid ongoing demand for food and grocery delivery, according to a Monday (Feb. 28) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Weee Raises $425M in Series E Round as Investors Look for eGrocery Differentiation
February 28, 2022

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International
Switzerland Breaks Neutrality, Freezes Russia’s Assets
February 28, 2022

Switzerland is breaking with neutrality and freezing all of Russia’s assets in the country in a move to adopt the West’s sanctions against Russia due to the invasion of Ukraine, according to a press release from The Federal Council of Switzerland on Monday (Feb. 28)....