Paytm, the Indian-based digital payments company, is gearing up to invest Rs 5,000 crore during the next three years as it aims to expand the services provided via its mobile platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Ant Financial is planning on raising $10 billion over the next couple of days, possibly bringing in the Carlyle Group and the Canada Pension Plan Investment Board as investors, which it will primarily use for expansion overseas. The Chinese payments company is reportedly worth around $150 billion in...
EVO Payments International announced on Thursday (May 10) that it has launched a roadshow for its initial public offering. 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...
Walmart announced earlier on Wednesday (May 9) that it inked a deal to invest in Flipkart for $16 billion, giving the retailer a 77 percent stake in the India-based eCommerce company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
SoundHound, a voice-enabled artificial intelligence (AI) and conversational intelligence technologies company, announced news on Thursday (May 3) that it has raised $100 million in new funding from a group of strategic investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
After bringing in $1.7 billion from private investors, messaging app Telegram has called off its public initial coin offering (ICO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Baidu’s new firm has received $1.9 billion in funding that will enable it to better compete in China’s growing FinTech space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As it seeks to speed up its eCommerce expansion, China’s Xiaohongshu or “Little Red Book” is seeking new funding. According to people familiar with the matter, Xiaohongshu wants to raise at least $200 million at a valuation of over $2.5 billion, Business of Fashion reported....
EVO Payments International announced that it has filed paperwork for an initial public offering (IPO). 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,...
