Reuters reported news on Monday (April 2) that a regulatory filing has revealed $445 million being invested into India mobile wallet company Paytm by SoftBank and Alibaba. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Wells Fargo reached an agreement to sell assets of its Business Payroll Services unit to Asure Software, the companies said in a press release on Monday (April 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
U.K. banking group Barclays announced the completion of its “ring-fencing” project, an overhaul of the financial institution’s structuring to prevent some of the scenarios that occurred in the wake of the financial crisis. Get the Full Story Complete the form to unlock this article and...
Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). 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 newsletter, PYMNTS Today....
SoftBank Group announced that it is investing $400 million in India’s Paytm E-Commerce Pvt. Ltd., which will bring the value of the online retailer to around $1.9 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Sending funds overseas is big business in the United States. According to the World Bank, in 2016, roughly $138 billion in remittances were sent from the U.S. to receivers worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Goop, the lifestyle brand founded by Gwyneth Paltrow, is lapping up some serious investor love. The website has just snatched up $50 million in Series C venture funding from NEA, Lightspeed Venture Partners and Felix Capital, according to news from Fortune. Get the Full Story Complete...
As Toys R Us winds down its operations, it is no longer accepting eCommerce orders through its website. Instead, the retailer is directing customers to liquidation sales at its brick-and-mortar stores for both its namesake and Babies R Us brands, industry news source Chain Store Age reported....
Drivers can borrow cars for a few hours at a time — or a day — through services like Zipcar. But car shares don’t solve all transportation challenges: Cars are limited to busy roads, after all. Get the Full Story Complete the form to unlock this...
