The Malaysian central bank, Bank Negara Malaysia, reportedly may issue up to five licenses for digital banks by the first quarter of 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Real estate technology startup Compass scaled back its initial public offering (IPO), raising $450 million, about 50 percent less than anticipated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Spanish delivery and courier platform Glovo raised €450 million ($530 million) in a Series F funding round led by Lugard Road Capital and the Luxor Capital Group. Returning investors also participated in the round, including Delivery Hero, Drake Enterprises and GP Bullhound. Get the Full...
The U.K.’s Competition and Markets Authority has cleared Uber’s buyout of Autocab, which provides software for booking and dispatching in the taxi industry. Autocab also operates a referral network for taxi and private-hire operators. Get the Full Story Complete the form to unlock this article...
The mobile payments surge is global in scope, touching all regions and countries. That’s especially apparent in Africa, where as reported Thursday (April 1), Airtel Africa is getting a $100 million investment from Mastercard that valued the platform at roughly $2.7 billion, and which would give Mastercard...
Backflip has come out of stealth mode and officially rolled out. The rollout comes after a beta phase in which the company, which lets consumers sell old or used electronic devices, paid out more than a half a million dollars to its clients, according to...
CarMax, the country’s largest chain of over 200 used car dealerships, said Thursday (April 1) it planned to return capital investment to pre-pandemic levels with plans to open 10 additional stores, grow its digital efforts and fund the $400 million full acquisition of auto-industry data...
After closing the books on what it called “a challenging but rewarding year,” Los Angeles-based apparel designer and retailer Guess reiterated its long-term strategic plan in its earnings report on Wednesday (March 31) and said it still expects to nearly double its sales and earnings over...
Kohl’s current board asked shareholders to vote for “all of Kohl’s highly qualified director nominees” amid a challenge from activist investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
