News

Investments
MyMoneyMantra Financial Marketplace Lands $15M For Expansion
July 17, 2019

Indian financial services marketplace MyMoneyMantra announced that it has raised $15 million (INR 100 crore) in funding from Dutch-based IFSD and private equity firm Vaalon Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Postmates Chief Denies Sale Rumors
July 17, 2019

Postmates CEO Bastian Lehmann said he plans to take the company public this year, even though there are rumors swirling that the company is courting sellers, according to a report from Fortune. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Microsoft And AT&T Announce $2B Digital Tie-Up
July 17, 2019

AT&T and Microsoft have announced a partnership worth billions that would let the communications giant use Microsoft’s Azure cloud system for its computing purposes, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Digital Banking
Google Pay Adds Support For 26 New Banks This Month
July 17, 2019

Google Pay has added support for 13 new  banks in July, bringing the total number of banks added this month to 26, according to reports. Google has been adding banks at a rate of about every other week. Get the Full Story Complete the form...

Investments
Carsharing Platform, Turo, Raises $250M And Becomes A Unicorn
July 17, 2019

Turo, a car-sharing startup, has raised $250 million from IAC in a Series E funding round, which puts the company’s valuation at above a billion dollars, according to reports. IAC is an internet media company that previously owned Match.com and OkCupid. The funding round brings...

Partnerships / Acquisitions
Ebix Pays $337.8M For Merger Deal With India Travel Firm Yatra
July 17, 2019

India’s largest business travel service provider, Yatra Online, has entered into a definitive merger agreement with Atlanta-based software firm Ebix. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
G7 Finance Leaders: Libra Must Resolve Regulatory Issues
July 17, 2019

Group of Seven (G7) finance leaders said on Wednesday (July 17) that there were numerous issues that needed to be worked out, regulatory and otherwise, in order for Facebook’s proposed cryptocurrency Libra to ever be viable. Get the Full Story Complete the form to unlock...

Delivery
Aussie Regulator Challenges Uber Eats Over Restaurant Contracts
July 17, 2019

Uber Eats in Australia can no longer charge restaurants for delivery mistakes that were out of their control, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Another 2.2M Patients’ Data Exposed In AMCA Data Breach
July 17, 2019

Clinical Pathology Laboratories (CPL) is the latest victim of a data security breach at the billing collections service American Medical Collection Agency (AMCA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...