Venture capital funding is starting to bounce back in China after the coronavirus triggered a slowdown in what was already a stagnant climate for startups, according to a report in the Financial Times on Monday (April 13). Get the Full Story Complete the form to...
OneWeb, which wanted to make internet access worldwide and widespread, has filed for bankruptcy and let most of its employees go after it couldn’t get any more funding, according to a press release. Get the Full Story Complete the form to unlock this article and...
The Getaround car-sharing platform is shopping around for a buyer as the coronavirus pandemic kills demand for its services, Bloomberg reported Friday (March 20), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Singapore-based app Grab has launched an accelerator program for startups in Vietnam, according to a report by Deal Street Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Facebook has connected with Sequoia Capital India’s Surge accelerator initiative to roll out the fourth version of the VC Brand Incubator program in India, Deal Street Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Chinese eCommerce and social media startup Xiaohongshu, also known as “Little Red Book,” wants to raise funds at a $6 billion valuation, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Despite headline-grabbing startup debacles, U.S. investors are still hot to bankroll up-and-coming companies like challenger bank Chime, The Financial Times (FT) reported on Tuesday (Jan. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Online brokerage startup Robinhood has introduced a cash management service that will give customers 1.8 percent interest on any money they don’t have in stocks, Bloomberg reported on Wednesday (Dec. 11). This new service follows last year’s unsuccessful launch of a checking and savings account...
India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022, Reuters reported on Monday (Nov. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
