Foreign venture capital (VC) is not doing well in China, according to reports, amid the pulling out of Silicon Valley accelerator Y Combinator, and changing tides in terms of clients to poach. Get the Full Story Complete the form to unlock this article and enjoy...
A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Autonomous animation platform Soul Machines has raised $40 million in a Series B funding round led by Temasek, with new participation from Lakestar and Salesforce Ventures along with existing investors Horizons Ventures, University of Auckland Inventors Fund and others, the company announced on Thursday (Jan....
Bestselling author J.D. Vance, who penned the popular memoir “Hillbilly Elegy,” has started a VC fund called Narya Capital, according to a report Thursday (Jan. 9) by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Mergers and acquisitions (M&A) advisory firm Equiteq announced that it advised The Shelby Group, an eProcurement transformation and optimization consulting firm, on a recent growth investment from Boston-based private equity firm WestView Capital Partners, according to a press release. Get the Full Story Complete the form...
Tencent’s WeChat Pay has introduced a payment service aimed at Chinese students who want to pay their tuition fees at universities in South Korea, according to reports. The move is an attempt to make it easier for those students to make cross-border transactions. Get the...
In today’s top news, Uber drops upfront pricing in California in response to the state’s new gig economy law, and the central bank in China said it accepted an American Express application to start working in the country. Also, Grubhub considers a potential sale or...
Three companies — Columbia Capital, Greenspring Associates and DHL — are collaborating to acquire Riskpulse, with aims to amplify the business in association with Resilience360, Riskpulse announced on Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Edenred is acquiring Mint’s payroll card portfolio to bolster its leadership in the United Arab Emirates (UAE), Edenred announced Thursday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
