Facebook Canada has announced a series of initiatives to aid small- to medium-sized businesses (SMBs) during the coronavirus pandemic, including $3.5 million in grants, virtual training classes and new features to help promote SMBs across numerous apps owned by the social media giant, according to...
The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Payment solutions firm AscendantFX has introduced a new product, Payee Intel, which will make cross-border payments more efficient and reduce costs, according to a Tuesday (May 26) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Tencent plans to invest 500 billion yuan, or $70 billion, in cloud computing, artificial intelligence (AI) and cybersecurity over the next five years, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
To continue its fast international expansion, TIS (Treasury Intelligence Solutions) notched $20 million in additional financing led by Aquiline Technology Growth. The funding round for the corporate payments and cash flow management cloud platform also included participation from 83North, an existing investor, according to an...
For Greater Oklahoma City families who are eager to spend the day at an amusement park, Six Flags Entertainment Corp. has some good news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In today’s top news, Uber lays off 600 workers in India, venture capital firms seek acquisitions amid lower prices, and economists are beginning to forecast that the worst of the pandemic’s damage is over. Get the Full Story Complete the form to unlock this article...
As it follows peers in investing in startups disrupting traditional banking, UBS Group AG is dedicating hundreds of millions to back FinTechs. The firm is intending to have a corporate VC fund to make investments ranging from $10 million to $20 million and intends to...
With funding that will help keep growing its product categories from ridesharing to food delivery and micro-mobility in Africa as well as Europe, Bolt closed a €100m investment round. Naya Capital Management, the investment manager that Masroor Siddiqui started in 2012, made the investment, according...
