Baidu, the Chinese search engine company, is looking to raise money for its finance unit, Baidu Financial Services Group (FSG), and could secure as much as $2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Cargo, the startup that allows ridesharing drivers to sell food and beverages inside their vehicle, just landed $5.5 million in venture capital funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Did you know that mania is considered a mental illness? Google Dictionary defines it as a “mental illness marked by periods of great excitement, euphoria, delusions and overactivity.” Among its synonyms are “madness,” “insanity” and “lunacy.” Get the Full Story Complete the form to unlock...
Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. Some are taking an alternate approach to speed up development or add new business lines: They’re simply investing in another company...
In a new financing round led by Valar Ventures, Petal raised $13 million in its mission to make credit cards accessible to those without a good credit history, TechCrunch reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Dow Jones Industrial Average and other stock indexes hit fresh highs on the heels of strong jobs data Thursday (Jan. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A Democrat has some serious advice for Congress when it comes to FinTech. 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 Today....
Spotify might go public this year, about one year later than the company originally planned. 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...
Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if the Federal Reserve raises interest rates and consumers struggle to pay back their auto loans. Get the Full Story Complete the...
