African payments startup OPay has raised $50 million in funding after investors such as Sequoia China, IDG Capital and Source Code Capital joined in the latest round, according to a report. Norwegian browser company Opera, the founder of OPay, also contributed its own investment in the mobile...
Samsung Venture Investment Corporation (SVIC) announced on Wednesday (July 10) an $8.5 million investment in four technology startups based in India, with plans to invest in over 100 additional startups over the next three to five years in the country. Get the Full Story Complete...
In its second known investment in a cryptocurrency startup, Visa has reportedly invested millions in the crypto storage company Anchorage. The payments firm co-led the funding round along with digital currency-focused venture capital firm Blockchain Capital, Fortune reported. Get the Full Story Complete the form...
Weeks after Facebook took aim at its core business, Seattle-based Remitly notched $135 million in funding at a valuation of almost $1 billion. The company homes in on the remittances of immigrants to relatives and friends, who can receive the money through their phones, in...
Online checkout startup Bolt announced it has raised $68 million in additional funding, according to a report in Fortune. 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...
According to reports in Bloomberg, anonymous sources have confirmed that MissFresh, a Chinese grocery delivery startup based in Beijing, is seeking additional funding as the economy and market appear to be trending downward in the country. MissFresh is backed by Tencent Holdings Ltd. and is...
U.S. self-driving company Cruise revealed that a U.S. national security panel has approved a $2.25 billion investment by Japan’s SoftBank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Netflix, a Wall Street favorite, is facing some uncertainty for the future with the loss of its most popular show, “The Office,” and impending changes to the streaming landscape, according to a report by CNBC. Get the Full Story Complete the form to unlock this...
French startup Joko announced that it has raised €1.6 million from investors including Partech, Axeleo Capital, Lafayette Plug and Play and others to further develop its loyalty program integrated into credit or debit cards. Get the Full Story Complete the form to unlock this article...
