News

IPO
Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO
October 04, 2020

A former Uber executive is planning to launch a $250 million initial public offering (IPO) for a blank check company whose advisors include billionaire Eric Schmidt, an ex-Google CEO, IPO Edge reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Nacha Adopts New Rules To Modernize ACH Payments
October 04, 2020

Nonprofit Nacha, which enables Automated Clearing House (ACH) payments, has adopted eight new amendments to the Nacha Operating Rules that a press release said will help to modernize the payment style. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
RootAnt Ends Seed Round With $1.46M For Expansion
October 04, 2020

Singapore Banking-as-a-Service (BaaS) startup RootAnt has ended a seed round with $1.46 million, according to a report by e27. 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...

Social Commerce
Burger King, Steak-umm And Next-Level Social Media Marketing
October 03, 2020

Brands have flocked to social media in an attempt to meet their consumers where they are and display a different side of themselves. Social media can be a terrific place to build bonds with one’s customers and show off a clever, avant-garde sense of humor...

Security & Fraud
Singapore Government Agencies, Universities Lose $749K In Scams
October 02, 2020

Cyberthieves posing as Singapore government agencies and universities stole $749,000 worth of goods after tricking companies into delivering them. 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...

IPO
Report: Airbnb Aims To Land $3B By Going Public
October 02, 2020

As it capitalizes on the unforeseen sharp rebound in its business, Airbnb Inc. is seeking to bring in roughly $3 billion in funding through an initial public offering (IPO), Reuters reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article...

News
Today In Payments: ECB Outlines Use Cases For Digital Euro; Goldman To Pay $2.5B For...
October 02, 2020

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. Plus, Walmart is partnering with Clover Health for its new health centers. Get the Full Story Complete the form to unlock...

Investments
Greenbriar Equity Leads $500M Investment In Uber Freight
October 02, 2020

Greenbriar Equity Group L.P., a New York investment firm in the logistics sector, led a $500 million Series A preferred stock financing for Uber Freight, putting its value at $3.3 billion, Uber Technologies Inc. announced Friday (Oct. 2). Get the Full Story Complete the form...

IPO
David Beckham Scores With Guild Esports IPO
October 02, 2020

Three months after its global launch, soccer star David Beckham’s startup Guild Esports has been listed on the London Stock Exchange (LSE), valued at about 40 million pounds ($52 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...