Nyca Partners, the venture capital firm focused on the FinTech market, raised $125 million for a second fund. According to a report, Hans Morris, the former Visa president turned venture capitalist, created Nyca Partners in 2014, launching a $30 million fund. The fund invested in a...
In 2015, $582 billion was sent by migrants to relatives in their home countries. Of that total amount, nearly a quarter (23 percent), or $133.5 billion, originated from the United States. It’s a big deal, but it is mostly an area of financial services that...
These are interesting times, beset with geopolitical events and volatile trading markets. What’s a treasurer to do to ensure efficient cash management and liquidity? C2FO SVP Colin Sharp weighs in on the findings of a recent study into trade finance and supply chain risk. One...
Retail stocks took a hit in trading late last week after GDP numbers came in lower than expected and concerns reverberated about a potential trade war with Mexico as President Trump battles it out with Mexico over covering the cost of his wall. Get the...
Ebates, the online cash back shopping firm and subsidiary of global internet services company Rakuten, announced Friday (Jan. 28) it has acquired Cartera Commerce, a provider of loyalty marketing solutions and rewards programs that is aimed at increasing revenue and customer loyalty. Get the Full...
The Chinese New Year is upon us — and as is their annual custom, Tencent and Alibaba are competing to see which firm can own the hongbao game. For those unfamiliar, hongbao is the name for the tradition of gifting red envelopes with money inside. Get the...
Daimler, the German car maker, is close to inking a deal to acquire Taxibeat, a profitable ride-hailing app in Athens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Starbucks may have been an early adopter when it comes to mobile orders, but the popularity of it is creating long lines as baristas struggle to keep up with all the mobile orders. Get the Full Story Complete the form to unlock this article and...
Entrypoint, the New York startup that helps content creators create interactive VR content, raised $2 million in a round of seed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
