Victoria’s Secret will be spinning out of parent company L Brands into a new public entity as of next month, CNBC writes, as the fashion company tries to move on from its usual place in traditional malls. Get the Full Story Complete the form to...
PropertyGuru, the Singapore-based online real estate firm, will be going public via special purpose acquisition company (SPAC), a Bloomberg report said Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Insurance technology (InsurTech) company Kin is merging with the special purpose acquisition company (SPAC) Omnichannel Acquisition Corp. to go public on the NYSE under the ticker symbol “KI.” The combined entity will be called Kin Insurance and will be valued at an estimated $1.03 billion....
Fuiou Pay (Fuiou) rolled out an international corporate payment offering through the help of Visa and Nium. The debut comes as Fuiou and Visa had previously begun working together on corporate payments in Greater China, according to a Monday (July 19) announcement. Get the Full...
Space tech companies, seeing a boost in capital from billionaires’ space adventures as of late, have raised a record-shattering $3.6 billion in the first six months of 2021, Bloomberg reported Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
United Kingdom-based MarketFinance, which serves small businesses with financing solutions, has recently rolled out an upgraded MarketFinance account, according to a blog post from the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
India’s direct-to-consumer (D2C) investment platform GlobalBees raised $150 million in a Series A funding round led by FirstCry, with additional participation by Lightspeed Venture Partners, the Economic Times reported on Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Today in restaurant and grocery news, Uber Eats announced that it is doubling its grocery delivery availability, while Panera Bread adapts its catering business to hybrid remote/office workers. Plus, Walmart is growing its private-label wine offerings. Get the Full Story Complete the form to unlock...
Lili, the banking app designed for freelance workers, announced Monday (July 19) it has released a premium service called Lili Pro. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
