George Ruan and Ryan Hudson, the co-founders of online coupon service Honey, received a pre-tax haul of $1.5 billion after their company was sold to PayPal, according to a report Tuesday (Jan. 28) by Bloomberg. Get the Full Story Complete the form to unlock this...
French banking subsidiary La Banque Postale is teaming up with Western Union to expand cross-border payments, Western Union announced on Tuesday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Creating a combined company that will lead to an addition of over 300 employees to its European operations, California-based Bird has purchased shared eScooter company Circ. Bird also unveiled a $75 million extension to its Series D fundraising round, which had the size of that...
The CEO of GrubHub Matt Maloney has denied rumors that the company is looking to sell, but he did say he was open to a merger, although there are no current offers on the table, according to the New York Post. Get the Full Story...
FinTech payments firm WEX is closing a deal to acquire business-to-business (B2B) travel payments startup eNett and B2B optimization company Optal, WEX announced on Friday (Jan. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Mercari, the flea market app in Japan with nearly 15 million users, announced Thursday it is purchasing Origami, a payments platform also in Japan. The purchase amount is undisclosed, according to DealStreetAsia. Get the Full Story Complete the form to unlock this article and enjoy...
Mastercard and digital personal finance company SoFi have teamed up on a suite of products and experiences to benefit SoFi’s nearly one million customers, the companies announced in a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
MoneyGram has partnered with Suez Canal Bank to let customers send money right into Egyptian bank accounts, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
WeWork has sold its business management software company Teem and also the minority stake it had in startup The Wing, to focus its business going forward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
