South Korean eCommerce giant Coupang ended its first day of trading at $49.25, up $14.25 on the day, or 40.7 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Taulia has landed an infusion of over $6 billion by an alliance headed up by J.P. Morgan, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
New England meal delivery service Feast & Fettle is not competing against the third-party aggregator giants — it does not aggregate anything. Instead, the company is one part meal delivery service, one part gourmet ghost kitchen chain. The service, which began in Rhode Island and...
Identity verification provider Acuant has partnered with blockchain software firm Scalable Solutions to create a platform that provides anti-money laundering (AML) and know your customer (KYC) solutions to financial institutions (FIs) and exchanges, according to a press release. Get the Full Story Complete the form...
International business-to-business (B2B) payments firm MSTS has changed its brand identity and name to TreviPay. The new branding shows the firm’s position as “the preferred B2B payment provider for leading Fortune 500 companies and small- to mid-sized businesses,” according to a Thursday (March 11) announcement....
Axis Bank in India is launching wearable technology for contactless payments that is intended to encourage the mainstream adoption of cashless transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Singapore’s Grab could hit a valuation as high as $40 billion if talks with a special purpose acquisition company (SPAC) solidifies into a deal, The Wall Street Journal reported on Thursday (March 11), citing sources. Get the Full Story Complete the form to unlock this article...
Switzerland’s Credit Suisse had to freeze four Luxembourg-based funds that invested $10 billion in supply chain finance, adding to the fallout from the collapse of London startup Greensill Capital, Reuters reported on Thursday (March 11). Get the Full Story Complete the form to unlock this article...
As grocery worker advocates are demanding “hero pay” across the United States, some areas are heeding the call. Parts of California, most recently Santa Monica and San Francisco, but also Coachella and all of Los Angeles, have implemented ordinances requiring an additional $4-5 per hour...
