News

Partnerships / Acquisitions
Clubhouse Is Top Social Pick For NFL Draft Week
April 25, 2021

Clubhouse will work with the National Football League (NFL) to put out an exclusive lineup of programming for the week of the 2021 NFL draft, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO
April 25, 2021

Darktrace, a cybersecurity company, will be slashing the value of its forthcoming London flotation, looking instead for a cautious approach to avoid the kind of disaster that befell Deliveroo’s attempt, a Sky News report says. Get the Full Story Complete the form to unlock this...

Banking
Paxos Gets Preliminary Approval For US Bank Charter
April 25, 2021

Paxos has initial approval to establish its own “de novo” or new national trust bank after being approved by the Office of the Comptroller of the Currency (OCC), according to a company blog post. Paxos will be the first cryptocurrency-native company to attain that status....

Bitcoin
Bitcoin Daily: Turkish Crypto Exchange Vebitcoin Shuts Down, Four Arrested; Gemini Now Accepts Google Pay,...
April 25, 2021

Four people linked to Turkish crypto exchange Vebitcoin have been arrested and accused of fraud, according to a report from BBC. Officials launched an investigation and blocked the accounts of the platform. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Online Bookmaker Betway Parent Super Group Bets On $5.1 Billion SPAC Deal
April 25, 2021

Super Group, the parent of online betting company Betway, is preparing to go public in a deal that would value Super Group at roughly $5.1 billion, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Liberis To Only Fund SMBs Via eCommerce, Payment Partnerships
April 25, 2021

Global embedded business finance provider Liberis has announced that from now on, it only plans to fund small- to medium-sized businesses (SMBs) through partnerships with eCommerce and payments companies, according to a press release. Get the Full Story Complete the form to unlock this article...

B2B Payments
Battery Ventures Invests In Two Business Financial Operations Cos.
April 25, 2021

Battery Ventures has invested $150 million in what it described in a press release as “two complementary, cloud-software platforms that manage billing and automate related financial functions including payments, revenue recognition and analytics for Software-as-a-Service (SaaS) companies.” Get the Full Story Complete the form to...

B2B Payments
Allica Bank Rolls Out Direct-To-SMB Banking
April 25, 2021

Allica Bank has rolled out an offering for small-to medium-sized businesses (SMBs) that is a direct-to-SMB banking solution, according to a press release. The offering will “bring back the local relationship manager” for established SMBs. Get the Full Story Complete the form to unlock this...

B2B Payments
Mastercard, BoB Financial Debut Card For SMBs To Accept Payments
April 25, 2021

Mastercard and BoB Financial Solutions have entered into an agreement to let BoB Financial provide small- and medium-sized business (SMB) customers with credit cards they can use to receive money as well as spend it, the companies announced in a press release. Get the Full...