Calling it the “next chapter” for its book department, Walmart has launched the Walmart Book Club, the retail goliath announced Monday (Aug. 22). According to a news release, the club will pick five titles a year, four of which will be named seasonally throughout the...
Large-parcel B2B eCommerce platform GigaCloud Technology has closed a $41 million initial public offering (IPO) as well as a full over-allotment option of about 3.4 million Class A ordinary shares. The Class A ordinary shares began trading on the Nasdaq Global Market on Thursday (Aug....
Saudi Arabian buy now, pay later (BNPL) startup Tamara has raised a $100 million Series B equity round led by Sanabil Investments with participation from Coatue, Shorooq Partners, Endeavor Catalyst and existing investor Checkout.com. In a Monday (Aug. 22) press release announcing the news, Tamara...
Dallas-based payments FinTech Highline Technologies announced Monday (Aug. 22) that it has raised $13 million in a Series A funding round. The round was led by Jump Capital, Costanoa Ventures, Foundation Capital and other investors. According to the press release, the new funds will be used...
Business spend management solution provider Coupa Software has added new innovations to its Coupa Treasury product, aiming to give companies better visibility into their cash position and cash projection. This will expand Coupa’s platform, which provides a complete view of spend and cash across treasury,...
Financial services digital experience platform Kasisto closed a $15.5 million Series C extension round to advance innovation in artificial intelligence (AI) in the banking sector and continue investing in product development. The fresh infusion of capital was led in the U.S. by Fidelity Information Services...
FinTech lenders are backing more loans with deposits as investors become tougher to find amid rising interest rates and expectations for higher yields. Banks and investors have also become more selective about where they put their money and are guarded about credit risk and the...
Payments fraud is not just a matter of end user vulnerability — the unwitting consumer who clicks on a link or the authorized push payment that disappears into the proverbial ether after a fraudster impersonates a family member or friend via text message. Payments fraud...
Securities and Exchange Commission (SEC) Chairman Gary Gensler is changing directions in the argument over whether or not cryptocurrencies are securities, signalling a change in tactics. In an Aug. 19 op-ed in The Wall Street Journal, Gensler took a much broader, for-the-layman approach to the...
