Ideanomics, a FinTech company, plans to buy electric commercial vehicle firm VIA Motors in an all-stock deal valuing the company at approximately $630 million, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In today’s top retail news, Ikea is testing a furniture resale program in Pennsylvania, while retail platform Leap sets its sights on helping open over 200 retail storefronts by the end of 2022. Also, Zebra Technologies is adding to its retail software portfolio, and brands...
Toast is made to order, perhaps, for the parade of initial public offerings (IPOs) on Wall Street that in recent months have trained a spotlight on digital payments and on platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
China’s State Administration of Market Regulation (SAMR) said on Monday (Aug. 30) that it plans to beef up its supervision of the country’s peer-to-peer (P2P) sharing economy, in which consumers share goods and services through an online platform. Get the Full Story Complete the form...
American Express (Amex) is ditching support for Samsung Pay in India, which was launched in 2017 to back credit and debit cards from financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
PayPal is considering launching a stock-trading platform for its U.S.-based customers, according to a CNBC report on Monday (Aug. 30), following its successful rollout of cryptocurrency trading last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Fino Payments Bank is contemplating merging with its holding company, subject to approval from the Reserve Bank of India (RBI), according to a Monday (Aug. 30) CNBC report. The possible reverse merger comes on the heels of RBI’s authorization for the reverse merger of two...
Today in B2B payments: Morroccan startup Chari.ma acquires a mobile credit booking app in a fundraising effort, and wherEX gets a boost from BNPL. Plus, Klara unveils the Modmed pay interface and Zeal raises $13 million in Series A funding. Get the Full Story Complete...
Sabi, the Nigerian women-led B2B marketplace, announced Monday (Aug. 30) it had onboarded 150,000 small business owners to its platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
