Creditas, a Brazilian start-up specializing in insurance, consumer loans and used car sales, has raised $260 million in a funding round that valued the company at $4.8 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Spanish entrepreneurs now have access to Square, the FinTech which provides payment solutions for consumers and businesses, the company announced Tuesday (Jan. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Small- to medium-sized (SMB) lender 365 Business Finance has raised 55 million pounds ($74 million) in debt and equity financing to fund its goal of quadrupling lending by 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
When it comes to shopping, a growing number of consumers are looking beyond their borders. 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,...
Since Amazon hit its recent closing high price a week before Black Friday, investors have had their biggest change of heart over high-flying shares in nearly three years, beating the stock down more than 20% and erasing over $400 billion from the online giant’s $1.5...
Frictionless checkout is growing its reach beyond city-dwelling early adopters and bustling business districts. Amazon announced Tuesday (Jan. 25) that it is opening an Amazon Go location with its “Just Walk Out” cashierless checkout technology in Mill Creek, Washington, a suburb about a half hour’s...
Chinese fashion retailer Shein is once again exploring a public listing in the U.S. later this year, while Founder Chris Xu is thinking about becoming a citizen of Singapore to help him get around proposed tighter restrictions on offshore initial public offerings (IPOs) in China,...
U.S. Rep. Patrick McHenry (R-NC), the ranking Republican member of the House Financial Services Committee and cryptocurrency advocate, is urging Democratic Chairwoman Maxine Waters to work with others on digital currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Unilever has announced an organizational restructuring that includes 1,500 layoffs and the creation of five business groups to replace the “matrix” structure it has used for much of its history, according to a Tuesday (Jan. 25) press release. Get the Full Story Complete the form...