News

International
IMF Head Calls For Resources To Help Indebted Countries
January 18, 2021

Pointing to shaky economies worldwide and an increasing divide between poor and rich countries, Kristalina Georgieva, head of the Washington, D.C.-based International Monetary Fund (IMF), said Monday (Jan. 18) the organization needs more resources, Reuters reported. Get the Full Story Complete the form to unlock...

B2B Payments
Infineon Debuts Employee ID, Mastercard Payment Card
January 18, 2021

Infineon Technologies, which works as a semiconductor manufacturer, is doing away with employee identification cards at its Germany headquarters and instead implementing a new smart card solution that combines office building access and Mastercard contactless payments capabilities, according to a FinTech Intel report. Get the...

B2B Payments
British SMB FinTech Firm Tide Looks To Grow In India
January 18, 2021

As part of its international growth plans, British business FinTech company Tide unveiled intentions for an experimental rollout in India in the first quarter of this year with a broader launch to come, Business Standard reported. Get the Full Story Complete the form to unlock...

Investments
Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching
January 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform’s initial public offering (IPO), Bloomberg reported Monday (Sept. 18), citing anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
HR Software Firm Personio Raises $125 Million In Series D Funding
January 18, 2021

Human resources (HR) technology company Personio landed $125 million in new and preemptive Series D funding in an investment round that provides the company with a value of $1.7 billion, according to a Monday (Jan. 18) announcement. Get the Full Story Complete the form to...

Delivery
Pizza Hut Israel Plans Drone Delivery Trial
January 18, 2021

Pizza Hut Israel is trialing a new program that would enable drones to bring orders for delivery to pre-approved hubs, The Wall Street Journal reported on Monday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Today In B2B: ICICI Integrates AlignBooks; Everpeaks Debuts Logistics Portal
January 18, 2021

Today in B2B payments, ICICI taps AlignBooks for small business banking, and Bookkeeper360 raises funding for its accounting technology. Plus, Everpeaks launches a logistics platform, the ECB raises concerns for banks over pandemic fallout, and Biden considers antitrust posts. Get the Full Story Complete the...

IPO
Singapore FinTech Grab Mulling US IPO Of Up To $2 Billion
January 18, 2021

Singapore-based FinTech Grab is mulling a U.S. initial public offering of at least $2 billion in the wake of failed merger talks with Indonesian rival Gojek. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Today In Payments: Biden Taps FTC’s Chopra To Head CFPB; Marc Lore Retiring From Walmart
January 18, 2021

In today’s top news, Biden is bringing in the FTC’s Rohit Chopra to lead the CFPB, and Jet.com Founder Marc Lore is retiring from Walmart. Plus, big banks’ Q4 earnings showed that the pandemic’s impact on critical lending and spending wasn’t as bad as first...