News

Bitcoin
Bitcoin Falls Again After China Central Scrutiny
January 11, 2017

It’s déjà vu all over again – and perhaps even a little bit of we sort of told you so. Bitcoin’s value dropped farther yesterday (Jan. 11), hitting a low in the $750s after briefly flirting with record highs near $1,200 earlier this month. Get the...

Payment Methods
iZettle CEO Talks Growth, Pop-Ups, Consolidation
January 11, 2017

Small business mPOS provider iZettle recently raised €60 million ($63.1 million) in a Series D extension made up of equity from existing investors, as well as debt funding from U.S.-based Victory Park Capital. On top of the new funding, iZettle has also added Maria Hedengren...

Investments
Should Investors Beware Dow 20,000?
January 11, 2017

In all relationships, new events are a cause for celebration. Think of anniversaries, births and graduations. 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...

Alibaba In New Brick-And-Mortar Push With $2.6B Intime Deal
January 11, 2017

Alibaba is at the forefront of a bid that would take Intime Retail Group private, with a price tag of as much as $2.6 billion, part of a larger strategy to broaden its brick-and-mortar reach. Get the Full Story Complete the form to unlock this...

Valeant Peels Off Skincare Lines To L’Oréal For $1.3B
January 11, 2017

Drug company Valeant Pharmaceuticals International is shedding four of its brands — three skincare and one cancer treatment business — and experts say it’s good money, considering what the company original bought those brands for. Get the Full Story Complete the form to unlock this article...

Retail
Does American Apparel Have A Canadian Future?
January 11, 2017

Canadian apparel maker Gildan Activewear recently won a bankruptcy auction for U.S. fashion retailer American Apparel after offering a bid of nearly $88 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
AI Platform By Conversica Automates Business Conversations
January 11, 2017

Investment activity picked up for the first full week of the new year as measured against the last week of December, logging a total of just under $519 million. This time around, the B2B sector led FinTech as the area where the most funds flowed,...

Coty Snags Stake In Peer-To-Peer Platform Younique
January 11, 2017

Global beauty products company Coty is entering into a partnership with online P2P social commerce platform Younique. Coty is slated to put up $600 million in cash for 60 percent ownership of the platform. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Fitbit Acquires European Smartwatch Maker Vector Watch Software
January 11, 2017

Fitbit CEO James Park announced the company’s recent purchase of a new wearable technology asset. 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,...