News

B2B Payments
Citi Taps Kantox For Enhanced Corporate FX
October 08, 2019

Citi has recruited foreign exchange management firm Kantox to enhance its FX services for corporate clients, the companies said in a press release on Monday (Oct. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Expensify Returns To Its Roots With Commercial Card Launch
October 08, 2019

Corporate expense management company Expensify is rolling out a commercial card product to augment its solution. 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 to our daily...

IPO
Kazakh FinTech Defers London IPO On ‘Unfavorable’ Market Conditions
October 08, 2019

Kazakh FinTech group Kaspi.kz has decided to postpone its U.K. initial public offering (IPO), which was poised to be the biggest IPO by a central Asian company since the 2008 global financial crisis. Get the Full Story Complete the form to unlock this article and...

Investments
Startup Partially Funded By Ashton Kutcher Can’t Pay Staff
October 08, 2019

Silicon Valley tech startup Neighborly is having money woes and can’t make payroll, Bloomberg reported on Monday (Oct. 7). 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...

Point of Sale
Max Levchin On The Future-Present Of Everywhere POS Lending
October 08, 2019

When Affirm launched in February 2013, the point-of-sale (POS) financing marketplace in the U.S. was largely an empty greenfield wherein PayPal Co-Founder Max Levchin set up virtual stall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
SoftBank CEO Not Satisfied With Firm’s Growth
October 08, 2019

So far, the CEO of SoftBank Group Corp. isn’t impressed with his accomplishments at his company. 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 to our daily newsletter,...

Retail
Kroger, Walgreens Take E-Cigs Off Shelves
October 07, 2019

Popular grocer Kroger and pharmacy retailer Walgreens have announced they will no longer sell e-cigarettes, citing “the mounting questions and increasingly complex regulatory environment.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Tide Raises $54.3M In Funding Round
October 07, 2019

Tide, a popular business banking platform, has raised $54.3 million in a Series B funding round, the company announced in a release on Monday (Oct. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Former Google Exec To Lead AI Tech Division At OakNorth
October 07, 2019

OakNorth, a FinTech backed by SoftBank, has hired former Google executive Sunil Chandra to lead its artificial intelligence (AI)-based technology arm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...