Grab, the Singapore ride-hailing company, is investing $100 million into OYO, the India-based hotel reservation startup. Reuters, citing a source with knowledge of the matter, reported that the investment in OYO by Grab is part of the close to $1 billion the startup announced it raised in September....
French President Emmanuel Macron is gearing up to address a group of leading Silicon Valley venture capitalists, when he will urge them to invest in the country’s startups and will also call on them not to steal the best creations coming out of the country....
In the past, only the largest of firms such as utilities, telecoms or credit card companies were able to have customer payment portals. Those were the “types of companies that could afford to stand up a portal,” DadeSystems Chief Marketing Officer Tom Berdan told PYMNTS.com...
Startups just in their infancy are getting attention from seed investors — but unlike the dotcom days when every idea got some form of funding, investors are being choosier, resulting in fewer deals but with the ones getting funding enjoying surging valuations. According to a...
To better serve clients and help make their businesses run smoother and more efficiently, FinTech startups are tackling an array of challenges, from data security to card declines to clunky customer experiences. Last month, Modo helped merchants find ways to reduce card declines, DadeSystems sought to...
Brex, the corporate card for startups company, announced earlier this week that it has overhauled its credit card rewards system to give more awards to its startup customers. In a press release, Brex said it rebuilt the credit card rewards system to include points earned and...
Privacy is not an afterthought with the “privacy by design” mindset, and FinTech startups may take a similar approach with data security. In that sense, they may incorporate data security every time they make an enhancement or a release. “It’s really built in by design,”...
ByteDance, the Chinese media company, closed a $3 billion funding round led by SoftBank, making it the largest privately backed startup in the world. Bloomberg, citing people familiar with the matter, reported late last week that ByteDance’s latest round of fundraising, which also included KKR...
When it comes to the customer experience, Denise Leleux looks through multiple lenses. The former Tesla executive, who AvidXchange recently hired as its senior vice president, sees it this way: What is the need in the market, what can a product do and what is...