As Southeast Asia’s GO-JEK seeks to raise up to $2 billion of funding while it takes on Grab, the company has reportedly closed a portion of the round. Tencent, Google and JD.com, among some of the company’s existing investors, reportedly plan to invest roughly $920 million...
To help FinTech startups, banks, and institutions exchange expertise, financial firms formed the Fintech Cooperation Committee in Singapore. Approximately 60 financial institutions became a part of the committee, including insurance companies, banks and asset management firms, The Straits Times reported. Get the Full Story Complete...
In a recent trend, eCommerce mattress brands have been moving into the world of brick-and-mortar retail by opening their own stores and pop-up shops to help let customers test-drive their products in real life. But some brands are choosing to make the move with the...
To make life easier for customers, companies in many different industries, from consumer packaged goods to luxury automobiles, are adopting the subscription business model. While their product and service offerings may differ, many firms share a common challenge: They must provide shoppers with a smooth...
There is perhaps no pickier sub-group of shoe enthusiasts than runners. The average distance runner goes through three pairs of sneakers per year – and most keep several different types on hand, so they can rotate them between workouts. Runners also tend to be more brand-loyal...
Digitally-native furniture and home décor retailer Article has launched an in-house delivery program in Los Angeles and New York. 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...
Call it a reunion of sorts, a gathering of banking execs not seen since the less-than-heady days of the financial crisis a decade ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Commercial payments technology firm WEX has completed its takeover of corporate bill payments company Noventis, a press release announced Thursday (Jan. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
This week, Barclays and Santander InnoVentures demonstrated traditional banks’ interest in alternative finance when they led a nearly $34 million equity fundraise for invoice financing platform MarketInvoice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
