Is Singapore poised to become Asia’s Silicon Valley? It might, if Sopnendu Mohanty, the Monetary Authority of Singapore’s (MAS) chief FinTech officer, has anything to say about it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today in B2B payments, Jeeves discusses the evolution of expense management, and MerchantE explores the opportunity for eInvoicing to drive B2B eCommerce growth. Plus, Airbase debuts its standalone small business bill payment tool, Plate IQ launches its expense management and corporate card solution, and OneSource...
The wheel of fortune is spinning again for Walmart-controlled Flipkart. Last month, the word on the street was that India’s Flipkart was out to raise $1 billion or more before having an initial public offering (IPO) of stock in the U.S. Get the Full Story...
About a month after reaching $7 billion, Getir’s valuation keeps soaring. The Turkish grocery delivery service announced on Friday (June 4), with its Series D funding round bringing in over $550 million, that its valuation has topped $7.5 billion, and the company raised almost $1...
Global mergers and acquisitions (M&As) have set record amounts for three months in a row, the latest being May. Reuters reported on Friday (June 4) that the trend is due to low interest rates, rising stock prices and increased interest in making deals in sectors...
German grocery delivery startup Flink raised $240 million in a Series A funding round led by Prosus, BOND and Mubadala Capital. The Berlin-based company was launched just six months ago and has partnered with the Rewe Group supermarket chain, Reuters reported on Friday (June 4). Get the...
Amid a short market week in the United States (exchanges were dark on Monday, Memorial Day), new listings activity remained muted. Payment-related debuts year to date stand at 17, outpaced by banking at 27 initial public offerings (IPOs). Get the Full Story Complete the form to...
Zumiez, which sells clothing, shoes, equipment and accessories, reported that its net sales surged by approximately 103 percent from Q1 2020 to Q1 2021, according to an announcement. By contrast, the retailer reported that Q1 2021 net sales climbed approximately 31 percent from Q1 2019....
High-end athleisure apparel leader Lululemon said it is looking to grow its inventory by 25 to 30 percent this quarter and use more air freight to circumvent port delays that have bogged down the global supply chain. Get the Full Story Complete the form to...
