Silicon Valley online-trading platform Kalshi has closed a Series A funding round for $30 million led by Sequoia Capital, with participation from Charles Schwab, Henry Kravis, SV Angel and previous investors including Neo and YC Continuity. Get the Full Story Complete the form to unlock...
JD.com, sometimes called China’s Amazon, said it plans to take its shipping business public in Hong Kong, Bloomberg reported. The company’s goal is to take advantage of China’s pandemic-triggered eCommerce boom. Sources told Bloomberg that a JD Logistics initial public offering (IPO) could raise about...
In today’s top news, Goldman launched its investment app, Marcus Invest, and Amsterdam steps out as the center for European SPACs. Plus, Marqeta looks to April for its IPO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
American Express is rolling out a new digital receipts functionality, which gives clients a look into specific transaction data for purchases from companies such as Apple, Square, Microsoft and Google, according to an announcement emailed to PYMNTS. Get the Full Story Complete the form to...
Chinese retail solutions startup DMall, backed by grocery chain Wumart Group, is considering a plan to file for an initial public offering (IPO), Bloomberg reported on Wednesday (Feb. 17), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Today in B2B payments, Corcentric announces a B2B payments acquisition, and Atom bank partners with Plaid for small business banking. Plus, iwoca integrates with Xero, GoFor collaborates on B2B payments for the construction industry and Freshworks considers going public. Get the Full Story Complete the...
In the world of mythology, Robin Hood took from the rich and gave to the poor. And in the new telling of the Robinhood tale, in the digital age, the definition of who’s rich and who’s poor can change day to day or minute by...
A month-long investigation by Luckin Coffee into its current CEO found no evidence of misconduct, Reuters reported Wednesday (Feb. 17). 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...
Retail sales rose in January by 5.3 percent on the wings of long-delayed action on the part of Congress, which OK’d a $900 billion COVID-19 stimulus package. As part of that, COVID stimulus checks went out to millions of Americans. Get the Full Story Complete...
