News

Acquiring
LinkedIn And Zynga Founders To Merge SPAC With Flying Taxi Startup
February 11, 2021

Flying taxi developer Joby Aviation is getting some help from the blank-check company helmed by LinkedIn Founder Reid Hoffman, the Financial Times (FT) reported. A merger would value Joby Aviation at $5.7 billion. Get the Full Story Complete the form to unlock this article and...

B2B Payments
American Express Brings SME Loans To Canada
February 11, 2021

American Express is rolling out business loans in Canada in an international extension of its current corporate financing offerings. American Express, which is working with ODX, will provide unsecured business loans ranging from $5,000 to $250,000 CAD (approximately $3,950 to $196,900) to some of its small...

IPO
Everyday Credit FinTech OppFi Will Go Public Via SPAC
February 11, 2021

FinTech platform Opportunity Financial (OppFi) has entered into an agreement with special purpose acquisition company (SPAC) FG New American Acquisition Corp. (FGNA) to become a public company, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...

Bitcoin
Bitcoin Daily: Bitcoin Marks New Record High Above $48,000; Miami Mayor Offers To Pay Workers...
February 11, 2021

Bitcoin hit a new record Thursday (Feb. 11), surging past $48,000, CNBC 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 to our daily newsletter, PYMNTS Today....

B2B Payments
Tungsten Network, Orbian Offer Expanded Invoice Financing
February 11, 2021

Global business transaction hub Tungsten Network will be extending a partnership with Orbian, a global supply chain finance provider, to boost invoice financing efforts, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
REPAY Teams With PN3 On Automated AP Payments
February 11, 2021

REPAY, which works in vertically-integrated payment solutions, will be integrating with PN3 Solutions in order to automate outbound payments through the use of a virtual card or ACH, according to a press release. Get the Full Story Complete the form to unlock this article and...

Digital Banking
Today In Digital-First Banking: BNY Mellon Creates Digital Assets Division; Northmill Bank Pulls In Venture...
February 11, 2021

In today’s top digital-first banking news, BNY Mellon is introducing a new division focused on advancing the growth of bitcoin, crypto and other digital assets, while Sweden’s Northmill Bank has carried out a capital round. Plus, Corporate Spending Innovations (CSI) has collaborated with Bank of the West...

B2B Payments
First Abu Dhabi Bank Teams With Mastercard On Corporate Cards
February 11, 2021

First Abu Dhabi Bank (FAB) has inked a five-year strategic partnership arrangement with Mastercard for corporate cards and payment offerings. The two companies seek to jointly streamline B2B payments for firms in the country, making them smoother, safer and more accessible, according to an announcement....

News
Today In Payments Around The World: Britain Reveals Fund To Assist SMEs; Indian Digital Grocer...
February 11, 2021

In today’s top payments news around the world, the U.K. government has created a fund to help small to medium-sized enterprises (SMEs) navigate Brexit, while Indian grocery company Grofers is looking at going public by merging with a special purpose acquisition company (SPAC). Plus, Indian...