The e-sourcing tool wherEX closed a $7 million Series A funding round to grow its business across the U.S. and Latin America, according to a press release on Monday (Aug. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Days after the cryptocurrency platform Poly Network issued a $500,000 reward for the return of $610 million in stolen funds, the purported hacker returned the remaining funds, according to a Monday (Aug. 23) announcement from the company. Get the Full Story Complete the form to...
YouTube said on Monday (Aug. 23) it has paid more than $30 billion to more than 2 million video producers on the platform in the past three years through ads, merchandising and other service features. Get the Full Story Complete the form to unlock this...
Enterprise workflow automation software maker Ontario Systems announced Monday (Aug. 23) it had acquired Katabat, a cloud-based debt collection 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....
Giant technology investor SoftBank has made its first foray into Africa, making its first bet in Nigerian mobile payments platform OPay. The firm’s Vision Fund 2 led a $400 million funding round for the FinTech company, valuing it at $2 billion, Bloomberg reported on Monday...
The digital cross-border payment platform Zepz — formerly WorldRemit — became a $5 billion company on Monday (Aug. 23) after raising $292 million in new primary Series E financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
California’s Proposition 22 ballot measure, which made it so rideshare and food delivery drivers could not be included in a state labor law, was ruled unconstitutional on Friday (Aug 20). Per this overturning, drivers for gig economy food delivery services such as DoorDash, Instacart and...
Chinese supply chain-based technology and service company JD.com, Inc. on Monday (Aug. 23) reported $39.3 billion (253.8 billion yuan) in net revenue for the second quarter of 2021, up 26.2 percent from the previous year, and net service revenues of $5.3 billion (34.1 billion yuan),...
As consumers increasingly turn to eCommerce and as consumer packaged goods (CPG) brands look to make more direct connections with their customers, many have turned to direct-to-consumer (D2C) channels to cultivate trust and gain better insight into who buys their products. Get the Full Story...
