Batumbu, the Indonesian subsidiary of Southeast Asia-based small business financing platform Validus, has now been approved as a licensed digital financing platform, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In the face of a growing community of investors, the online brokerage Robinhood announced on Monday (March 15) that it will double its recruiting capabilities with the addition of Binc. Founded 19 years ago, Binc is an 80-person recruiting firm that has assisted a number...
DBS closed a trade financing transaction valued in excess of $40,000 on AntChain’s Trusple international trade and financial services system. The deal was closed for Singapore’s iQuartz, which produces, fabricates and distributes “quartz stone” materials to clients in Singapore and the United States, according to...
Banks set aside billions of dollars to cover expected losses due to the economic collapse triggered by the pandemic. But the worst-case scenarios did not materialize, which means some of that cash can now be turned into profits, The Wall Street Journal reported on Monday...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Torchy’s Tacos, an Austin-based restaurant chain, is planning an initial public offering (IPO), Bloomberg reported on Sunday (March 14). 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 to...
Today in B2B payments, Plaid announces a collaboration to strengthen its presence in the small business lending market, while Jeal launches a B2B eCommerce site for the dairy industry. Plus, Vietcombank digitizes its corporate banking operations, VARStreet integrates with SAP Business One, and Stripe secures...
Beijing officials told Alibaba Group to considerably reduce its expansive suite of media assets after reviewing the list and growing concerned about the tech firm’s influence over public opinion, The Wall Street Journal reported on Monday (March 15), citing sources. Get the Full Story Complete...
China-based Tencent Holdings saw its stock plunge so sharply that the company lost $62 billion in value. The loss in valuation, which occurred in Friday (March 12) and Monday (March 15) stock trading, may have wiped out most of the value of its online finance...
