Digital finance platform MoneyLion Inc. will acquire B2B FinTech Even Financial Inc. as part of a deal worth $360 million to $440 million, according to a Thursday (Dec. 16) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
SurePay, SEPAMail.eu and StreamMind on Thursday (Dec. 16) launched a cross-border solution for IBAN check/confirmation of payees, allowing companies and banks to confirm account information matches the intended beneficiary on cross-border payments between France and the Netherlands. Get the Full Story Complete the form...
Recognizing that rent payments can take on various forms, Indian digital payments startup Paytm has broadened its rent payment services to encompass new categories such as auto and furniture rentals, wedding venues, catering and décor, in addition to guesthouse rentals, the company announced in a...
Artificial intelligence (AI) eCommerce technology platform Rokt closed a $325 million Series E funding round at a $1.95 billion valuation, with funding led by Tiger Global and participation by Wellington Management, Whale Rock Capital Management, Pavilion Capital and existing shareholder Square Peg. Get the Full...
In the bid to build closed-loop systems, there’s a bit of a catch-22: Both sides have to agree to interact, and both sides — the provider and the consumer — must have critical mass. Otherwise, no one joins up. Get the Full Story Complete the...
The Council of Financial Regulators released on Thursday (Dec. 16) its quarterly statement, where it endorsed the treasurer’s plans for a major reform in the payment system, including potential regulation of crypto-assets. Get the Full Story Complete the form to unlock this article and enjoy...
Biometrics identification services company Clear Secure — known for its expedited airline screening products — is taking its technology beyond airports and into shopping malls and retailers, the Wall Street Journal reported on Thursday (Dec. 16). Get the Full Story Complete the form to unlock...
U.K. fashion retailer Boohoo on Thursday (Dec. 16) downgraded its profit and sales growth projections for the second time in 2021, saying that supply chain snafus, inflation and higher-than-expected return rates are to blame for the drop, according to a Financial Times report. Get the...
Ola, the Indian-based ride-hailing startup that competes with Uber, has generated a $500 million from investors, according to a Thursday (Dec. 16) report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
