News

B2B Payments
Aflac Acquisition Targets Mid-Market Financing
January 10, 2020

Aflac Global Investments, the AFL asset management unit of Aflac Inc., has announced a takeover that will position the company to strengthen its financing operations in the middle market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Takeaway Wins Bid For UK’s Just Eat With $8B Share Offer
January 10, 2020

Online food ordering firm Takeaway.com has won the battle for the U.K.’s Just Eat with a 6.2 billion pound ($8 billion) share offer that will make it one of the biggest meal delivery firms globally. Get the Full Story Complete the form to unlock this...

News
PayPal Deal, Connected Economy And Cyberwar Top Week’s News
January 10, 2020

The first full work week of the new decade brought a gusher of payments and commerce news, and this latest edition of the PYMNTS Weekender is here to make sure you don’t miss anything. Get the Full Story Complete the form to unlock this article...

Investments
SoftBank To Invest In Indonesia’s Sustainable City
January 10, 2020

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on renewable resources, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...

Investments
58 Home Online Services Firm Nears $2B In Pre-IPO Round
January 10, 2020

With a potential U.S. initial public offering (IPO) on the horizon that could value the company at as high as $2 billion, 58 Home is near the conclusion of a private fundraising round, per unnamed sources cited in a Bloomberg report. The company is owned by...

Security & Fraud
The Troubling Ripple Effects Of The Travelex FX Hack
January 10, 2020

It might make sense that as commerce goes ever global, and as banks do an increasing volume of business cross-border, that the hackers and fraudsters would look at FX as a lucrative way to ply their malevolent trade. Get the Full Story Complete the form...

Investments
SoftBank’s Vision Fund Startups See Spate Of Layoffs
January 10, 2020

As far as investments go, SoftBank’s Vision Fund’s recent bumps and bruises, and the state of many of its once high-flying holdings, bring to mind that scene in a long-ago Monty Python movie focused on the Holy Grail. In that film, the plague has struck, and...

IPO
Mattress Maker Casper Files IPO After $92M Loss In 2018
January 10, 2020

Privately held Casper Sleep filed regulatory paperwork on Friday (Jan. 10) to take the company public on the New York Stock Exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

News
Top News In Payments: Grubhub Denies Sale Rumors; PayU Acquires India FinTech PaySense
January 10, 2020

In today’s top news, Grubhub denies claims that it is considering an acquisition, triggering a 6.7 percent drop in share prices, and Netherlands payments firm PayU buys a majority stake in the India FinTech PaySense. Also, U.S. Chamber of Commerce leader criticizes presidential candidates for...