Chongqing Ant Consumer Finance — the consumer finance unit of China-based Ant Group — is reportedly planning to raise the equivalent of $1.5 billion in new capital to help it make loans. Get the Full Story Complete the form to unlock this article and enjoy...
Italian bank Intesa Sanpaolo has reportedly announced it will sell its stake in the Italian payments firm Nexi while continuing its strategic relationship with the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add to its fleet of vehicles and expand its market. Get the Full Story Complete the form to unlock this article...
The total value of the venture capital (VC)-backed funding rounds completed around the world in October was the lowest of any month so far this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does not a recovery make. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized bond issuance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
FinTech platform Qenta and special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition (BSCA) have entered into an agreement to merge and list the combined company on the Nasdaq. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As declining technology stocks have hacked the value of investor Tiger Global Management’s public stocks this year, the company has also slashed the value of its private stock in tech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
B2B payments company Mendel has raised $60 million in a new funding round and said it plans to use the new capital to accelerate the development of its corporate spend management platform in the Mexican market. Get the Full Story Complete the form to unlock...
