Warung Pintar, a startup in Southeast Asia aiming to help traditional merchants digitize their businesses, has raised $27.5 million in funding. According to a report in TechCrunch citing the 18-month-old company, Warung Pintar exclusively caters to local merchants. It competes against Bukalapak, a leading startup...
Zwipe, the biometrics payment company, has raised $14 million in venture funding, reported TechCrunch. 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 newsletter, PYMNTS...
Momo, a Vietnam-based FinTech company that provides users with digital payment options, has reportedly received a very large Series C investment from American private equity firm Warburg Pincus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For short sellers – those who bet that stocks will fall rather than rise – amid Chinese FinTechs, this week has led to big gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Thanks to the trade war between the U.S. and China and a slowing economy in China, some of the richest investors in the country are gearing up to adopt a more conservative approach to investing. Get the Full Story Complete the form to unlock this...
SQN Investors, an investment firm that owns 4 percent of Yelp, is calling on the company to follow its recommendations to grow the business or prepare for a proxy fight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Delivery logistics platform Bringg announced that it has raised $25 million in new funding, bringing its investment total to $53 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
USA Technologies issued an open letter on Monday (January 14) to shareholders, admitting that the company “had prematurely or inappropriately recognized revenue” in 2017 and 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Stocks for Alibaba, China’s eCommerce giant, are down 1.7 percent after the president of the company admitted that China’s consumer market is slowing down, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
