The federal Securities and Exchange Commission (SEC) has charged the former chief of a Silicon Valley technology company with cheating investors out of $80 million by inflating data regarding customer acquisition and revenue, according to a press release. Get the Full Story Complete the form...
Integrated digital wellness startup Recuro Health has raised $15 million in a Series A funding round led by ARCH Venture Partners, with participation from existing seed round investors OLSF Ventures, Cortado Ventures, 1843 Capital and Sage Venture Partners. Get the Full Story Complete the form...
In today’s top retail news, Warby Parker is setting the stage for its public debut, while Nordstrom executives say they’re ready for uncertainty in the second half of the year. Also, fashion apparel retailer Express says it’s on track to reach $1 billion in eCommerce...
The popularity of cryptocurrency has come with an unfortunate side effect: a corresponding rise in the number of scams involving crypto. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Silicon Valley FinTech Brex is launching a new product to extend debt financing with longer terms and speedier due diligence to some of its select business customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
LexisNexis Risk Solutions UK Limited, part of RELX, on Wednesday (Aug. 25) announced it has acquired cloud-based anti-financial crime and anti-fraud platform TruNarrative, which will become part of LexisNexis’ business services group. Get the Full Story Complete the form to unlock this article and enjoy...
B2B eCommerce payment platform Balance on Wednesday (Aug. 25) announced it raised $25 million in Series A funding. 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...
Today in payments around the world, Khatabook is valued at $600 million after a $100 million Series C fundraising round. Plus, Didi Global pulls back on its U.K. launch plans and McDonald’s reshuffles its international leadership team. Get the Full Story Complete the form to...
Today in digital banking, there is the slow emergence of stablecoins. Plus, Lyft pays drivers when they finish their shifts, among other loyalty boosters, and TruMark Financial Credit Union partners with NCR on digital banking. Get the Full Story Complete the form to unlock this...
