Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management, with participation by Sequoia Capital China, SoftBank Vision Fund 1, Matrix Partners China and Boyu Capital, according to a press release. Get the Full...
Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin, a cryptocurrency supported by the Stellar blockchain, Platformer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Club Feast, which is a subscription-based restaurant delivery service, has come out of a seed funding round with $3.5 million, 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...
In today’s top retail news, the U.S. division of L’Occitane has filed for Chapter 11 bankruptcy, while AutoFi is shifting into high gear with the debut of its “lending as a service” division. Plus, a new Federal Reserve Bank of New York study finds that individuals anticipate that...
Artificial intelligence (AI) technology company Ariel AI has been acquired by Snap. Ariel AI had been concentrating on a type of AI called computer vision, which is used to develop augmented reality (AR) functionalities, CNBC reported. Get the Full Story Complete the form to unlock...
Pilot, which provides back-office services for startups, has raised $60 million through a new Series C funding round, 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...
Developing a functional vaccine for a novel virus in under a year was an incredible challenge to overcome. Distributing that vaccine, as it is turning out, may be harder. The rollout of the vaccine has already been slower than expected, with fewer doses distributed to...
The president of France, Emmanuel Macron, issued a warning to Big Tech players like Google and Microsoft, saying they need to adhere to European Union (EU) mandates, Bloomberg reported on Tuesday (Jan. 26). Get the Full Story Complete the form to unlock this article and...
The team of digital market infrastructure specialists behind Custody Digital announced in a Tuesday (Jan. 26) press release the launch of Ledgermatic, which aims to help modernize corporate treasury solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
