More than a year after Prospa delayed its initial public offering (IPO) plans, the Australian alternative lender is once again gearing up to go public — and hoping lower interest rates will quell concerns. Get the Full Story Complete the form to unlock this article and...
Barclaycard is introducing a new commercial card product in conjunction with AGCO Parts, a supplier of parts and after-sales services for the farming machinery space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The journey of digitizing the enterprise created a whole new set of unique challenges in business operations. One of the largest was how to get that host of new software platforms to talk to each other, leading the B2B financial services (FinServ) space to embrace...
Software as a service proved popular with investors this week, particularly in the cybersecurity space. But the largest round came courtesy of the SoftBank Vision Fund, which provided $800 million to a supply chain finance company, bolstering its valuation up to about $3.5 billion. Plus,...
Authorities in Ireland have warned businesses about a rise in “CEO fraud” that gets unwitting victims to pay up in invoice redirect fraud. Separately, individual cases have shows the impact of invoice fraud on businesses as disparate as healthcare companies and feed stores.
Freelance marketplace Fiverr has filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. The filing showed that the Tel Aviv-based company’s net losses grew from $19.3 million in 2017 to $36.1 million in 2018. But revenue...
Starbucks’ rival in China, Luckin Coffee, is set to price its initial public offering (IPO) at $17 per share. 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...
The Reserve Bank of Australia (RBA) has sent a warning to major banks that its slow progress in implementing the New Payments Platform (NPP) has hindered the system’s benefits, and made it harder to market to customers. NPP Australia counts the big four banks as...
Travel booking platform GetYourGuide announced that it has raised $484 million in Series E funding, led by the SoftBank Vision Fund. The round also saw participation from co-investors Temasek, Lakestar, Korelya Capital and Heartcore Capital (formerly Sunstone Capital), as well as original investors, including Swisscanto Invest...
