The French payment processor Lemon Way has announced a near-$28 million (€25 million) investment round by the multi-asset fund management firm Toscafund, Aithority reported on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Galileo, a FinTech whose APIs help run companies like Chime, Robinhood, Monzo, Revolut, TransferWise and Varo, has announced a $77 million Series A funding round led by Accel, with participation from Ryan Smith, the CEO of Qualtrics. Get the Full Story Complete the form to...
The deals seem to be getting bigger headed into the last few weeks of the year. 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 our daily...
SoftBank and JP Morgan are in talks to rescue WeWork before it runs out of money, which is expected to happen by mid-November, CNBC reported on Tuesday (Oct. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Flowhub, a cannabis retail management software vendor, has raised $23 million in its bid to automate cannabis compliance. 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...
South Korean startup True Balance announced that it has raised $23 million in a Series C funding round. Seven Korean investors — NH Investment & Securities, IBK Capital, D3 Jubilee Partners, SB Partners and Shinhan Capital, as well as existing partners IMM Investment and HB...
Smart lock startup Level Home has raised over $71 million in funding from Walmart, Hut 8 Ventures, and home construction and real estate company Lennar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
WeWork will lay off at least 2,000 staff in the coming week — 13 percent of its 15,000 payroll — with thousands of more job losses expected to follow, the Guardian reported on Tuesday (Oct. 15). Get the Full Story Complete the form to unlock...
India payment service Paytm has almost closed a deal to get $2 billion in a new financing round in preparation for competition with a slew of other payment services, including Facebook’s Libra and Flipkart’s PhonePe. Get the Full Story Complete the form to unlock this...