Clubhouse, the increasingly popular audio-based social media app, has closed a new Series C round, though it didn’t say how much it raised, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
London-based FinTech Revolut is on track to a fundraise that would value the company at between $10 billion and $15 billion, Sky News reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Oil giant Saudi Arabian Oil Co., often referred to as Saudi Aramco, a shortened version of its former name, is trying to set up a supply chain finance network, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this...
U.K. bank NatWest Group, which shifted its accelerator program to a virtual model in response to the pandemic, is restoring the network of incubators for small- to medium-sized businesses (SMBs) in a hybrid setup, according to a press release. Get the Full Story Complete the...
Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe they solve a problem and embrace it, or they go somewhere else that offers those features and functions. Get the Full Story Complete the form to...
Idioms do not, strictly speaking, have to make a lot of literal sense, as long as they convey the right mood. They work because even though getting fed up and cake icing don’t have a lot to do with each other in normal life, most...
Amazon, the world’s biggest eCommerce platform, is moving to compete with Wayfair by offering a premium-tier service that includes assembly of merchandise like desks, shelves and other items, Bloomberg reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy...
One might be forgiven for thinking that the public listing activity this week was all about Coinbase. The cryptocurrency exchange went public through a direct listing and closed at around $329, off of its intraday highs of about $429. Volume was strong, at 79 million...
The ACH network marked a record-setting quarter as its volume skyrocketed in the first few months of 2021. According to Nacha, which oversees the direct deposits and payments network, ACH saw a quarterly volume of 7.1 billion payments, an 11.2 percent increase over the first...
