Alibaba has made a move into the U.K. through an alternative lending partnership aimed at enabling small businesses’ financing options for those buying from Chinese suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The price of bitcoin may have declined dramatically from its $1,800 per unit price in late 2013, but Silicon Valley’s most respected investors are still feeling the love for the virtual currency. San Francisco-based 21 Inc. has raised, over a series of rounds, $116 million...
Square has evolved far past the the mobile POS systems that made it possible for small businesses to accept credit card payments with technology no more complicated than an iPad or iPhone. Since the service that “launched 1,ooo mPos systems,” Square has launched P2P payments...
Now that lending marketplaces are a proven financial business model, startups are beginning to push it out to serve very specific lending niches, in what is expected to be a trillion-dollar marketplace lending industry, TechCrunch reported. Get the Full Story Complete the form to unlock...
Not only do women move half of global remittances, they send a greater percentage of their wages than men. 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...
Telecoms beware, a new player with almost unimaginably deep pockets is stepping onto the field and potentially changing its pitch entirely. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
While it has been widely known for months that Ant Financial Services Group — Alibaba’s financial arm — has been developing a credit scoring service, the company has now officially started offering the service with the backing of China’s Central Bank. Get the Full Story Complete the form...
“The unexpected tragedy of our financial system is that the less money you have, the more expensive it is to send money around.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Online lending marketplace Prosper has struck a deal with more than 160 community banks to offer its services to the banks’ borrowers — and to widen the banks’ access to capital for the customers’ borrowing needs. Get the Full Story Complete the form to unlock...
