News

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)....

International
Barclays Faces $1M Penalty Over Payments Firm Collapse
February 28, 2022

Barclays Bank Plc has been fined 783,800 pounds ($1 million) by the United Kingdom’s financial regulatory body for its failure to oversee Premier FX, the collapsed payments firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
45% of Independent Contractors Want to Be Paid Daily or on Demand
February 28, 2022

As more consumers become familiar with instant disbursements, both traditional employees and independent contractors are showing interest in instant pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....