News

Retail
India-Based Interior Design Startup Livspace Scores IKEA Investment
May 20, 2019

A popular interior design startup in India, Livspace, has received an investment from Ingka Investments, the venture capital arm of IKEA, according to reports.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Czech Banks To Invest $260M Into National Development Fund
May 20, 2019

Czech Prime Minister Andrej Babis has proposed a national development fund to help invest in social issues, digitization of the economy, education and transportation, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Auth0 Raises $103M, Becomes Unicorn
May 20, 2019

Auth0, an Identity-as-a-Service company, announced Monday (May 20) that it closed a $103 million venture funding round. 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...

Investments
Wagestream Raises $51M To Help Workers With Payday Gap
May 20, 2019

Wagestream, a U.K. startup, has raised $51 million (£40 million) to help U.K. workers who only get paid once a month but need to draw funds from their wages, according to a report. Get the Full Story Complete the form to unlock this article and...

Regulation
Forced ‘Tech Transfers’ Gain Ground In China
May 20, 2019

According to the European Union Chamber of Commerce in China, incidences of European companies being “forced” to transfer technology in China are on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
Warburg Pincus In Talks To Buy NCR
May 20, 2019

NCR, the payments company that makes self-service kiosks, point-of-sale terminals and automated teller machines, among other payment devices, has reportedly tapped Bank of America Equities to find a buyer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Global Payments
Paris Metro To Launch Paperless Tickets, Cashless Payments Rise In Russia
May 20, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the coming rollout of a paperless ticket option for public transportation in Paris. In addition, travelers at Amsterdam Airport Schiphol are tapping into WeChat Pay’s commerce ecosystem in the...

Investments
AI Startup Clinc Raises $52M In Venture Funding
May 20, 2019

Clinc, the AI startup, has raised $52 million in venture funding in a Series B round of venture funding. 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...

Cross Border Commerce
Wells Fargo Taps TransferMate For Global Invoicing
May 20, 2019

TransferMate Global Payments, the cross-border B2B payments provider, announced Monday (May 20) it inked a deal with Wells Fargo to deliver its Global Invoice Connect platform for U.S.  based international businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited...