News

Investments
SoftBank Backs Storage Startup Clutter In $250M+ Round
January 31, 2019

On-demand storage startup Clutter is raising between $200 million and $250 million in a funding round led by Softbank, according to a report in TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Lego Gearing Up For Big Expansion In China
January 31, 2019

Lego, the Danish toy company, is gearing up for a big expansion in China, reported Reuters. 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...

Retail
Walmart Canada Provides Consumers Access To Indian Merchants
January 31, 2019

Walmart Canada is teaming up with Myntra, the Indian fashion eCommerce platform of Flipkart, to hook up consumers and merchants in Canada and India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
German Regulator Gives Nod To Deutsche Bank/Commerzbank Merger
January 31, 2019

A potential tie-up between German banks Deutsche Bank and Commerzbank should get the nod of regulators in Germany. 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...

Digital Banking
Standard Chartered Expands Africa Digital Bank Initiative
January 31, 2019

Standard Chartered announced Thursday (Jan. 31) that it has kicked off the second phase of its initiative to roll out a digital-only retail bank in Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Global Payments
Wirecard Teams With BASF Digital Farming; BPP Unveils Digital Wallet In Brazil
January 31, 2019

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Germany-based Wirecard’s collaboration with BASF Digital Farming GmbH. In addition, Grab plans to start offering solutions and privileges from United Overseas Bank Limited (UOB) in Singapore, Fintech firm BPP...

Partnerships / Acquisitions
GAC, Tencent Ink Deal To Create Mobility Company
January 31, 2019

GAC Group, the state-owned Chinese car company, announced Thursday (Jan. 31) that it is teaming up with Tencent, the internet and gaming company, to create a mobility company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
Flipkart, Amazon Scramble To Meet New India eCommerce Rules
January 31, 2019

Flipkart, the Walmart-owned Indian eCommerce player, and Amazon’s Indian unit are having a tough time meeting the deadlines under new eCommerce laws in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
How Article Wants To Conquer Furniture Delivery’s Last Mile
January 31, 2019

There is no shortage of places to buy furniture online. Middle-market consumers have Wayfair, there’s Chairish for those who want designed or antique furnishings, and there are startups like Burrow, Maiden Home, The Inside, and Interior Define. They can all bring a couch — and associated home furnishings —...