Cross-border consumer credit startup Nova Credit has raised $50 million in Series B equity financing, according to a Wednesday (Feb. 12) release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
SoftBank’s quarterly profit dropped 99 percent to ¥2.59 billion (£18.2 million) following steep Vision Fund losses, according to multiple reports on Wednesday (Feb. 12). The Vision Fund lost 225.1 billion yen (S$2.84 billion) for the three months ending in December, according to The Business Times. Get...
The State Bank of Vietnam (SBV) has proposed the removal of the 49 percent foreign ownership limit on payment intermediary businesses, according to reports this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Alibaba may be blocked from a new program in China that would allow investors in Hong Kong to buy its stocks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Jeff Bezos, CEO of Amazon, has sold off $4.1 billion in shares of his own company in the last 11 days as part of a new prearranged trading plan, according to a report from CNBC. Get the Full Story Complete the form to unlock this...
Morgan Stanley wants to let people buy up Uber shares, according to people familiar with the subject, as they’re lining up buyers who will commit to $250 million worth of shares for the ride-share company, Bloomberg reported Monday (Feb. 10). Get the Full Story Complete...
Donny Hall is an entrepreneur who once created a business called CarSure, essentially an automotive repair insurance plan. According to reporting, Hall sold that company in 2017 and fixed his sights on another business venture that would see him directly challenge Carfax, the industry’s dominant...
eCommerce giant Alibaba — China’s largest tech firm — was among other Chinese investors that skipped past the U.S. in 2019, The Financial Times (FT) reported on Sunday (Feb. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Uber co-founder Travis Kalanick is joining other investors in funding the expansion of the 3D-printed hotel concept Habitas, the Financial Times reported on Sunday (Feb. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
