News

IPO
Ireland’s Dole Brand Files US IPO To Pay Down Debt
July 02, 2021

Dole is seeking an initial public offering (IPO) in the U.S. on the New York Stock Exchange (NYSE) under the ticker DOLE in order to pay down debt and cover merger costs, Bloomberg reported on Friday (July 2). Get the Full Story Complete the form...

Fintech Investments
Nigeria’s FairMoney Nets $42M To Expand FinServ For The Underbanked
July 02, 2021

FinTech FairMoney has raised $42 million in a Series B funding round to expand its financial services offerings in Nigeria and India, Nairametrics reported Friday (July 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bitcoin
Bitcoin Daily: Binance Faces Regulatory Scrutiny; Foreign Crypto Exchanges Could Soon Pay GST Tax In...
July 02, 2021

Binance is facing a criminal complaint from a financial regulator in Thailand for running a digital asset business without permission, Reuters reported Friday (July 2). Thailand’s Securities and Exchange Commission (SEC) of that country announced in a statement, as per the outlet, that the firm has...

B2B Payments
B2B Payments Today: VersaPay On Payment Processing; Transfix Collaborates With TriumphPay
July 02, 2021

Today in B2B payments, VersaPay explores payment processing. Plus, Transfix is teaming with TriumphPay, Xendoo is collaborating with Gusto and Emirates Development Bank (EDB) has implemented a memorandum of understanding with First Abu Dhabi Bank (FAB). Get the Full Story Complete the form to unlock this article...

IPO
South Korea’s Kakao Pay Pushes Toward A Public Offering
July 02, 2021

South Korea’s largest online payment firm, Kakao Pay, is moving toward a $1.4 billion initial public offering (IPO) later this summer. Per the IPO filing, the firm could walk out with an overall market cap of $11 billion. Get the Full Story Complete the form to...

IPO
London Exchange Reports Highest IPO Numbers In Years
July 02, 2021

The London Stock Exchange reported a “strong start” to 2021, with more than £27bn of equity raised, the highest H1 since 2014. In addition, 49 IPOs raised £9bn, which is the highest number of H1 IPOs since 2017. Get the Full Story Complete the form...

IPO
Robinhood Seeks $40B Valuation In IPO; New Users Soar
July 02, 2021

Robinhood is seeking a $40 billion valuation in its initial public offering (IPO) following an increase in both profits and users, the Financial Times (FT) reported on Friday (July 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
China’s SAMR Prepares Illegal Pricing Crackdown
July 02, 2021

China’s market regulator is preparing to crack down on illegal pricing, including online platforms that charge different prices based on customer buying patterns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Monetary Authority Of Singapore Wants More Investigative Powers
July 02, 2021

The Monetary Authority of Singapore wants more power to conduct financial misconduct investigations, proposing new rules that would allow its officers to enter premises without a warrant or even prior notice. Get the Full Story Complete the form to unlock this article and enjoy unlimited...