News

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...

IPO
South Korean FinTech KakaoPay Seeks $1.4B IPO
July 02, 2021

South Korean payments startup Kakao Pay, a division of Kakao Corp, is seeking $1.4 billion (about 1.63 trillion won) in an initial public offering (IPO) that is expected to float 17 million new shares, according to a Friday (July 2) press release. Get the Full Story Complete...

Payment Methods
Data Brief: 51 Pct Of US Consumers Expect ‘Value Me’ and ‘Make It Easy For...
July 02, 2021

The immediate past is prologue when discussing the great digital shift that began last year. PYMNTS’ Global Digital Shopping Index, U.S. Edition, a Cybersource collaboration — which is based on surveys of more than 2,170 U.S. consumers and 500 U.S. merchants — called the demographic...

News
Today In Payments: Riskified Files For IPO; Amazon Pay Later Hits 2M Users In India
July 02, 2021

In today’s top news, Riskified filed for an initial public offering (IPO), and India’s Amazon Pay Later now has 2 million users. Plus, financial institutions are moving closer to offering direct crypto services. Get the Full Story Complete the form to unlock this article and...