U.K. payroll startup Earnt It wants to help the “millions of people in the U.K. who often resort to overdrafts, credit cards and payday loans to cover unexpected costs when they arise,” and those who can’t even gain access to money they’ve already earned, according...
Serving the needs of Americas millions of micro-merchants and mom-and-pop shops is one of those business plans that always sounds much easier in theory than it turns out to be in practice. The simple reason? Diversity. Other than being small, they’re a rather diffused group...
Luxury fitness company Equinox seeks additional financial support as it maneuvers to expand its online platform. The SoulCycle majority owner is currently in “advanced conversations” to obtain more funding. Private equity firm Silver Lake is interested, among other potential investors, according to reports, with sources...
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...
