Fun raised $72 million in a Series A funding round to expand its payments infrastructure that powers Polymarket and other internet-native capital markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
OPay Digital Services, a payments platform focused on Nigeria and backed by SoftBank Vision Fund and Sequoia Capital, is preparing for an initial public offering (IPO) in the United States, Bloomberg reported Friday (May 1), citing unnamed sources. Get the Full Story Complete the form to unlock this article...
Historically, payments have been an activity-based business. Revenues are tied to transaction volume, interchange fees and, to some extent, the float generated by holding funds in transit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Consumer Financial Protection Bureau (CFPB) has reduced the small business data collection and reporting requirements under the Equal Credit Opportunity Act (Regulation B). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The used car market could get a boost from the rising costs of goods and services, Carvana Founder and CEO Ernie Garcia said Wednesday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The U.S. Department of the Treasury is proposing regulatory changes that would significantly restrict the circumstances under which federal agencies can issue paper checks, pushing the government closer to an all-electronic payment system. Get the Full Story Complete the form to unlock this article and...
Walmart is reportedly expanding its local product lineup to attract an extremely pinched American consumer. 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...
WEX corporate card customers can now generate and settle vendor payments with virtual cards within SAP’s Concur Invoice platform. 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...
Shopify is reportedly seeking regulators’ permission to offer more financial and payment services to merchants. 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...