Zego, the U.K.-based commercial motor vehicle insurance company, is planning a European expansion, the company announced Wednesday (Jan. 19), according to a UKTechNews report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Truist Financial Corporation is set to launch two new checking accounts with no overdraft fees, making it the latest in a series of banks to move away from this lucrative income source. Get the Full Story Complete the form to unlock this article and enjoy...
China will require the country’s biggest internet firms to get approval for any investment deals they make as part of new rules that are likely to keep Big Tech firms from getting even bigger through acquisition, people familiar with the issue told The Wall Street...
Recent data from Pitchbook has revealed that Europe saw new annual records set in terms of private equity (PE) deal count and value in 2021, with close to 7,200 deals closed worth 754.5 billion euros ($856 billion). Get the Full Story Complete the form to...
If margins in the grocery industry are low, and margins for grocery delivery are unforgiving, then companies that deliver within minutes are essentially walking a tightrope — if it were not for venture capital funding, ultrafast delivery might not be possible. Get the Full Story...
Danish toy maker Lego is teaming up with commerce and communications agency TracyLocke to roll out what it’s calling its “Store of the Future,” a global retail concept aimed at putting creativity and imagination in the forefront of the shopper experience. Get the Full Story...
At time when inflation is running at a 40-year high and store shelves are reflecting the lingering challenges of supply chain disruptions, Procter & Gamble told investors Wednesday (Jan. 19) that it is moving forward with additional price increases, noting that consumers are tolerating the...
TikTok owner ByteDance is scaling back its investment operations in expectation that China will restrict the type of deal-making that has fueled the growth of the country’s tech giants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Investing and checking account platform Acorns Grow Inc. is calling off its $2.2 billion initial public offering (IPO) with special purpose acquisition company (SPAC) Pioneer Merger Corp. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
