Valley National Bancorp will acquire Leumi, the U.S. subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA, in a deal with an estimated value of $1.1 million, the companies announced on Thursday (Sept. 23). Get the Full Story Complete the...
Berlin-based grocery delivery startup Flink will raise several hundred million dollars in a funding round that’s being led by food delivery giant DoorDash and puts the company’s valuation at $2.1 billion, people familiar with the situation told Bloomberg on Thursday (Sept. 23). Get the Full...
The U.S. House of Representatives passed an amendment to the National Defense Authorization Act (NDAA) that would protect banks that do business with cannabis companies in legal states from the penalties of federal regulators. Get the Full Story Complete the form to unlock this article...
Despite a rocky year due to COVID-related travel restrictions, Oyo Hotels and Rooms is preparing to file for an initial public offering (IPO) to raise roughly $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The payments companies REPAY and Veem have formed a partnership that the two entities say will enhance their B2B payment capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Ocrolus has raised $80 million in a Series C funding round that values the document automation platform at more than $500 million, according to a Thursday (Sept. 23) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Open banking firm Vyne on Thursday (Sept. 23) completed what’s being called the largest seed funding valuation for any U.K.-based platform of its kind at $15.5 million, according to a Crowdfund Insider report. Get the Full Story Complete the form to unlock this article and...
As more businesses are making and receiving digital payments themselves, a growing number are also requiring their business partners to do the same. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
In an effort to help consumers in Argentina connect all of their bank accounts and cards in one location, payments integration platform Spreedly will support digital wallet firm MODO’s more than 35 bank partners across Argentina, the companies announced in a recent press release. Get...
