BigBasket, India’s biggest online supermarket, is in the process of raising about $150 million in funding from investors including Alibaba. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba, but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. Below, see...
Point-of-sale financing is quickly becoming an attractive feature for consumers shopping online and in-store. Retail giants like Walmart are working with FinTechs to extend POS financing to customers, allowing shoppers to finance their purchases without accessing external credit that could impact credit scores. For sellers, POS...
Russia-based electronic payments company Yandex.Money is rolling out new multi-currency services with an eye on freelancers. 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...
The co-chief executive officer of Asiana Airlines is exiting the company following an accounting debacle that led two auditors to reject the company’s annual reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
New research from UBS points to the largest spenders on bank technology: JPMorgan and Bank of America. 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...
Grab, the ride-hailing startup, is in discussions with Ant Financial, the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Lyft set the price for its initial public offering (IPO) of 32.5 million shares at $72 per share — valuing the company at more than $20 billion. According to CNBC, the company is expected to start trading on the Nasdaq exchange on Friday (March 29) under...
Citi and the Imperial College Business School have released the latest Digital Money Index, a report that tracks 84 countries and their digital money readiness, Citi said in a news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
