Perfios has raised over $70 million in a Series C round of funding from existing investors Warburg Pincus LLC and Bessemer Venture Partners, putting the Bengaluru, India-based FinTech startup in the unicorn club, Tech Story reported Sunday (Feb. 27). Get the Full Story Complete the...
Alphabet’s Google on Saturday (Feb. 26) banned Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In Moscow and other Russian cities, people are trying to get cash, both in rubles and dollars, due to fears of a fiscal crash following the invasion of Ukraine, Financial Times writes. Get the Full Story Complete the form to unlock this article and enjoy...
Gorillas Technologies, a grocery delivery startup operating in the U.K., U.S. and France, is looking to raise over half a billion dollars in new financing this year, Bloomberg reported Friday (Feb. 25). Get the Full Story Complete the form to unlock this article and enjoy...
In today’s FinTech news, trading remains volatile for FinTech IPOs, while credit unions continue their move toward more digital tools. Latino-focused neobank Pana joined the Visa FinTech Fast Track program, and Sweater closed $12 million in funding to grow its startup that aims to give...
As reports of military action and casualties mount following Russia’s invasion of Ukraine, a parallel ‘financial war’ is also escalating that is aimed at isolating Moscow through a growing list of economic sanctions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Three people were ordered from further participation “in any manner” having to do with financial institutions following January enforcement actions by the Federal Deposit Insurance Corporation (FDIC), the agency announced on Friday (Feb. 25). Get the Full Story Complete the form to unlock this article...
Latino-focused neobank Pana has joined Visa’s FinTech Fast Track program as part of its integration with the card-issuing payments giant that will increase Pana’s reach, capabilities and security through the VisaNet global payment network, according to a Tuesday (Feb. 22) press release. Get the Full...
Egypt’s Minister of Trade and Industry Nevine Gamea, executive director of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), on Friday (Feb. 25) announced that the nation is launching a $50 million venture capital program that’s backed by World Bank, MAGNiTT reported. Get the...
