Ant Financial — the Alibaba affiliate firm that runs the Alipay platform — is “closer to an initial public offering” but as of yet has not set a timetable for the event. A person close to the situation had previously estimated 2017 as the date the trigger would...
Traditional financial services companies have something new to worry about: FinTech is increasingly encroaching on their turf and winning the hearts and minds of consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The fastest-growing home and apartment rental platform in the U.S. announced close to $18 million in Series B financing. Forty million renters use the site each year, and the company plans to transform the way people find homes.
USA Technologies, a payment technology service provider of integrated cashless and mobile transactions in the self-service retail market, announced Tuesday (Oct. 18) the initial results of an expanded agreement with Burch Food Services, a Canteen franchisee. Get the Full Story Complete the form to unlock this...
Cross-border eCommerce — internet purchases from merchants in other countries — is gaining in popularity in China. A quarter of the Chinese population will be shopping either directly on foreign-based websites or through third parties, like Alibaba’s Tmall Global and JD.com’s JD Worldwide, by 2020,...
A Chinese firm, Shanghai Paipaidai Financial Information Service Co., or Ppdai.com, has been aiming to list on public markets in the United States, The Wall Street Journal reported Tuesday (Oct. 18). That debut could come as early as the second half of 2017. The company...
Nielsen is partnering with RevTrax, the digital coupon company, to enhance Nielsen Marketing Cloud, which can now aid clients in creating offers that can generate sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Heal, the Santa Monica, CA startup that enables doctor house calls, has reportedly raised close to $27 million in additional funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Kibo, the cloud-based omnichannel commerce solutions company, announced Tuesday (Oct. 18) its acquisition of Mozu, an enterprise cloud-based commerce solution designed to help enterprises manage their entire online presence — commerce, branding, customer engagement and publishing. Terms of the deal were not disclosed. Get the...
