News

Partnerships / Acquisitions
DOJ Extends Antitrust Review Of Planned UnitedHealth, Change Acquisition
March 28, 2021

U.S. antitrust regulators are closely examining the UnitedHealth Group proposal for $8 billion to acquire data and healthcare company Change Healthcare, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Ternary Joins Stripe Partner Program To Manage Discord Memberships
March 28, 2021

Ternary Developments, which provides a service that lets operators of online communities using the Discord chat platform easily offer paid membership plans, announced in a press release it is teaming with Stripe to let members of those plans easily conduct transactions, such as renewals. Get...

Bitcoin
Bitcoin Daily: S. Korea Bank Chief Says CBCDs Will Impact Crypto Demand
March 28, 2021

Bank of Korea Governor Lee Ju-yeol said he doesn’t think cryptocurrencies will be in such high demand once central bank digital currencies (CBDCs) are introduced, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Linklogis Plans IPO, Aims At $1.1 Billion For SCF Tech
March 28, 2021

Linklogis, a Chinese FinTech with backing from Tencent, is looking to raise 8.3 billion Hong Kong dollars ($1.1 billion) from an initial public offering (IPO) in Hong Kong, Bloomberg reported. Linklogis provides tech solutions for supply chain finance in China. Get the Full Story Complete...

B2B Payments
Monily Debuts Controller Services For SMBs
March 28, 2021

Monily, a provider of outsourced finance operations to small- to medium-sized businesses (SMBs), is expanding its offerings to include duties usually assigned to in-house controllers, the Texas-based company announced in a press release. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Sage Buys Task Sheriff To Boost AI Proficiency
March 28, 2021

Cloud business solution company Sage has acquired artificial intelligence (AI)-based Software-as-a-Service (SaaS) company Task Sheriff, according to a 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....

Blockchain / Distributed Ledger
Dallas Mavericks Reportedly Consider Jumping Into The NFT Craze
March 26, 2021

Mark Cuban, the owner of the Dallas Mavericks, is said to be seeking use cases to harness non-fungible tokens (NFTs) for his NBA team, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Pilot’s Valuation Soars To $1.2 Billion In Extended Series C Round
March 26, 2021

Pilot has extended its Series C funding round to bring in a total of $100 million with further funding from Whale Rock Capital and Bezos Expeditions, becoming a unicorn with a $1.2 billion valuation, according to an announcement from the company. Get the Full Story...

Retail
Restaurant Roundup: Major Chains Expand As SMBs Seek Loans
March 26, 2021

As restaurants look to take advantage of the trillions of dollars in stimulus, including $28.6 billion in funding designated to restaurant relief that was passed earlier this month, many businesses just received a much-needed two-month extension to apply for their Paycheck Protection Program (PPP) loans,...