News

Investments
KoinWorks Closes $12M In Series B Funding Round
June 26, 2019

KoinWorks announced that it has raised $12 million in a Series B funding round. The round was co-led by EV Growth and Quona Capital, with participation from existing investors. The funding will be used to expand the KoinWorks team and partnerships, as well as further...

Payments Innovation
Payments Execs Weigh In On Innovation For The Roaring 2020s
June 26, 2019

The 2010s are almost over — get ready for the 2020s. PYMNTS queried 29 payments execs to get a sense of the most important payment innovations of the last 10 years, with ripple effects still being felt. Hindsight is 20/20, and useful as we get...

Securing The Self-Serve Store
June 26, 2019

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Payments Innovation
BofA Debuts Digital Debit Card
June 25, 2019

Bank of America (BofA) announced on Tuesday (June 25) that it’s launching a digital debit card, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Walmart Expands EBT Grocery Card Acceptance Online
June 25, 2019

Walmart will now accept SNAP (Supplemental Nutrition Assistance Program) to pay for online grocery orders at all of its pickup locations, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Digital Manufacturing Platform Carbon Raises $260M
June 25, 2019

Carbon, a digital manufacturing platform, has raised more than $260 million in a funding round led by Baillie Gifford and Madrone Capital Partners, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
India-Based Banking Startup Open Raises $30M To Help SMBs
June 25, 2019

A “neo-bank” startup called Open and based in Bangalore has raised $30 million in a Series B funding round, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Grab Backs UK Startup Splyt Technologies
June 25, 2019

In a move that will extend the reach of its services outside of Southeast Asia, Grab has extended a partnership with Splyt Technologies and invested in the United Kingdom-based startup. Through the technology, Grab users venturing beyond that region can make ride reservations and have...

Cross-border Payments
India Tells eCommerce Firms To Comply With New Foreign Investment Rules
June 25, 2019

To discourage eCommerce firms from offering hefty discounts, India has told the companies that they have to make sure they are complying with new rules for foreign investment. Commerce Minister Piyush Goyal has said the government is ready to listen to concerns, but is committed...