Despite Bitcoin prices taking a tumble as of late, Silicon Valley still seems to have an appetite for the digital currency. Blockchain, a Bitcoin wallet provider with British roots, has locked in $30.5 million in funding, backed by Lightspeed Venture Partners and Wicklow Capital, according...
Curbside, the mobile shopping startup, is using $9.5 million in seed and Series A funding to help shoppers do same-day pickup, which is a hybrid between mobile shopping and in-store. Ideally, it combines the convenience of M-Commerce with the immediacy of in-store, with shoppers driving...
Loanz, a private credit platform focusing on peer-to-peer lending, has wrapped up a $2 million seed financing effort. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Reporting Tuesday (Oct. 7) that it’s operating profit plunged as much as 61.8 percent, as it battles Apple in the smartphone market that it once dominated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Back in March, China bans using QR Code for payments, but that may end shortly, according to a report in Mobile Commerce News. The initial ban from the Central Bank was issued because of security concerns. Get the Full Story Complete the form to unlock...
Square has closed $150 million in new venture financing, bringing Square’s current value to about $6 billion, the New York Times reported Sunday (Oct. 5). The new financing round was led the Government of Singapore Investment Corp.—a new investor—and included Goldman Sachs and Rizvi Traverse...
Samsung is making its NFC payment move in China, in a deal with UnionPay, China’s largest payment card firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
The long-anticipated Facebook Messenger payments offering is real and imminent, based on screen captures of Facebook code now circulating. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Nine financial institutions—above and beyond Chase—were “also infiltrated by the same group” that attacked Chase, a group “thought to be operating from Russia and appear to have at least loose connections with officials of the Russian government,” the New York Times reported. Get the Full...
