Indian digital wallet and payments startup MobiKwik now has the blessing of markets regulator Securities and Exchange Board of India (Sebi) for an initial public offering. The company plans to raise up to Rs 1,900 crore ($252,000) through the effort, according to a Business Standard...
China’s Central Bank has penalized 1,436 banks and payment companies and levied fines totaling 1.13 billion yuan — or $176 million — since 2016, the bank’s deputy governor said at the recent China Payment and Clearing Forum. Get the Full Story Complete the form to...
Standard Chartered has teamed up with working capital FinTech Demica on a new online portal to streamline access to the bank’s supplier finance program, according to a company announcement Monday (Oct. 11). Get the Full Story Complete the form to unlock this article and enjoy...
Merchant commerce platform Pine Labs is eyeing an initial public offering (IPO) on Nasdaq and is looking to raise as much as $1 billion with primary and secondary stake sales, Mint reported on Monday (Oct. 11), citing unnamed sources. Get the Full Story Complete the...
eCommerce leasing company Katapult has become an Accelerate partner in the Adobe Exchange Program, according to a Monday (Oct. 11) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Digital payments across Thailand are four times as frequent as they were before the COVID-19 pandemic, as the country’s infection rate is increasing the need for online services, the central bank told Reuters in report on Monday (Oct. 11). Get the Full Story Complete the...
Social commerce FinTech startup EarnWealth recently raised Rs 3.5 crore ($500,000) in Pre-Series A funding at a valuation of Rs 50 crore (more than $6.6 million), according to a YourStory report on Monday (Oct. 11). Get the Full Story Complete the form to unlock this...
Open banking startup Mono raised $15 million led by Tiger Global, with participation from existing investors Entree Capital, Lateral Capital, GPIC, Acuity VC and Ingressive Capital, and new backers Target Global, General Catalyst and SBI Investment. Get the Full Story Complete the form to unlock...
Walmart and Netflix are joining forces to bring products celebrating some of the streaming service’s most popular kids’ shows to store shelves across the country in a partnership they’re calling the Netflix Hub, according to an announcement on Monday (Oct. 11). Get the Full Story...
