European Commission Vice President Margrethe Vestager, in a speech at the University of California Berkeley’s Law School on Tuesday (Feb. 22), reiterated the importance of the European Union legislation to regulate digital platforms and how other countries are sharing the same views and adopting similar regulations....
German delivery startup Karla has raised $3.8 million in pre-seed funding, while also launching an app designed to optimize deliveries and provide transparency for eCommerce orders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The leader of United Kingdom’s open banking organization has called on regulators to accelerate debut of the technology. 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...
In one of the biggest seed funding rounds in South Asia, Fintech NayaPay secured $13 million to grow its two-sided digital banking platform to serve underbanked individuals and small businesses in Pakistan. Get the Full Story Complete the form to unlock this article and enjoy...
Promise, a tech platform that helps people pay debt, has raised more than $25 million in a Series B round, according to a Thursday (Feb. 24) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Shares of Rent-A-Center fell nearly 40% after hours Wednesday (Feb. 23) after the Plano, Texas-based operator of 2,400 furniture, appliance and electronics rental stores reported lower than expected Q4 results and weak guidance. Get the Full Story Complete the form to unlock this article and...
Following the declaration of martial law in Ukraine, the central bank suspended the country’s currency markets, stopped the circulation of all securities, limited cash withdrawals and halted the use of electronic currency and digital wallets. Get the Full Story Complete the form to unlock this...
Global payments provider Nium has partnered with international payment service ECOMMPAY to offer merchants a “closed-loop system” for international payouts, a press release said Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bloomreach, the commerce experience cloud, has a new investment of $175 million, a company press release said. 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...