British banking and payments app Revolut is in “detailed” talks with giant technology investor SoftBank that contemplate an investment valuing the FinTech company at more than $30 billion, Sky News reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
ByteDance has begun selling the artificial intelligence that powers its blockbuster TikTok app to other companies outside China, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Didi, the ride-hailing giant, has said it might see a revenue drop as of a new regulatory order to remove its apps from app stores in China amid cybersecurity investigations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Facebook, Twitter and Google are among the big companies threatening to quit offering services in Hong Kong if the authorities’ proposed changes pass, making those companies responsible for malicious sharing of individuals’ data on the internet, The Wall Street Journal (WSJ) wrote Monday (July 5)....
Businesses were hungry for mergers and acquisitions involving U.S. companies for the first six months of 2021 — the numbers for that sat at $1.74 trillion, the Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy...
Codat, a FinTech that specializes in products that help small to medium-sized businesses (SMBs) share financial data, announced a $40 million funding round per a Thursday (July 1) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Bigbank has picked payments services provider Nets to run products, including virtual cards and mobile payments, Nets announced Friday (July 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Credit Suisse will be working with KLARA on new open banking options, according to a Friday (July 2) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Payhippo, the artificial intelligence (AI)-driven lending platform, has raised $1 million in pre-seed funding, which it plans to use to hire more engineers and keep financing smaller businesses, a Friday (July 2) press release said. Get the Full Story Complete the form to unlock this...