Some 208 small- to medium-sized businesses (SMBs) in China’s Yunnan province have conducted 638 international transactions using a blockchain platform developed by the government, CoinDesk reported, citing an article in the Chinese government-run Spring City Evening News. Get the Full Story Complete the form to...
Xepelin, a Chilean FinTech that provides an online financial services platform for small- to medium-sized businesses (SMBs), has raised $30 million in equity and another $200 million in credit facilities, TechCrunch reported. The platform is geared toward companies in Latin America. Get the Full Story...
Mercury, which helps install banking for startups, has raised $120 million in a funding round, according to a company blog post, and has set aside $5 million to let users in the round as well. Get the Full Story Complete the form to unlock this...
DoNotPay’s company description is that of a “robot lawyer” trying to “beat bureaucracy,” and the company just more than doubled its valuation to approximately $210 million after a round of investments, Bloomberg reported. Get the Full Story Complete the form to unlock this article and...
Under a new plan in Germany, some institutional funds will be able to invest billions in cryptocurrency, which has never happened before, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The world suffered a loss this week, as American luminary Ron Popeil passed away at the age of 86 in a Los Angeles hospital. While younger readers may have never heard of the original TV pitchman, they’ve surely come in contact with his work, his influence and...
Today in B2B payments, Behalf explores trade credit’s path to innovation, and Greenbox Capital acquires Level Up Funding. Plus, WLTH discusses optimizing corporate finance, India introduces a factoring bill and Evergande faces accusations of unpaid supplier payments. Get the Full Story Complete the form to...
Today in restaurant and grocery news, major coffee brands report strong sales, while Restaurant Brands International sees its loyalty investments pay off. Plus, Gopuff gets another billion to power its expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
London FinTech Monzo is facing an investigation from the Financial Conduct Authority (FCA) over allegations of possibly violating anti-money laundering (AML) laws, Financial Times reported on Friday (July 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
