In the largest initial public offering (IPO) by a tech firm in Canada in nearly nine years, shares of Lightspeed POS Inc. rocketed in the company’s debut of trading. The company raised $179 million and its stock jumped from an IPO price of C$16 by as...
A government-funded report in Europe said a lack of available capital for women in the country was “holding the U.K. back.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Chinese bike sharing company Mobike, which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to focus solely on China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
United States prosecutors are bringing criminal charges against the leaders of OneCoin, a cryptocurrency, alleging they were operating a pyramid scheme worth in the multi-billions, when selling the currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Mastercard disclosed on Friday (Mar. 8) that it will acquire global cross-border money transfer company Transfast, which works with both P2P and B2B payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Dutch data protection agency (DPA) said when a website forces a user to agree to a cookie policy, or a “wall,” in exchange for access, that request is not compliant with the data protection law in Europe. Get the Full Story Complete the form...
Britain’s Financial Conduct Authority (FCA) has said the Financial Ombudsman Service, which handles complaints from financial companies and customers, will be able to raise fine amounts and in turn allow for more compensation to customers and businesses, according to reports. Get the Full Story Complete...
To help head up joint business initiatives and work toward the alignment of their long-term interests, Alibaba Group Holding Ltd. and Ant Financial reportedly plan to form a steering committee. Alibaba Chief Executive Officer Daniel Zhang is said to head up the group, which will reportedly be...
In an effort that could limit Silicon Valley’s growth, U.S. Senator Elizabeth Warren (D-Mass.) has put out a plan to break up large tech firms like Facebook and Amazon. The idea is said to be the clearest proposal of its kind in the presidential race...
