It may still be more than a week until Chinese New Year on Feb. 19, but China’s online war of the Red Envelopes is already well underway, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
German startup investment company Rocket Internet has added to its galaxy of food delivery partners by investing a 30-percent stake in take-out aggregator Delivery Hero, worth 496 million euros, Bloomberg reports. The investment means that the Berlin-based food company is now valued at over $2 billion...
In an effort to nurture the budding online commerce community of South Korea, PayPal announced that on Feb. 12, it will have a website and call center in the Korean language, according to Korea Joongang Daily. Get the Full Story Complete the form to unlock this...
SimplyTapp, a leading provider of HCE services for merchants, announced late last week (Feb. 6) that it received an additional $2.5 million fundraising round as part of its Series B fundraising plan from mobile payments platform Mozido. This brings the total funding for the company...
FreeCharge, an India-based bill paying program that rewards users with emailed coupons has just completed an $80 million Series C fundraising round as the company prepares to expand its transactional advertising program, according to TechCrunch. This follows a $33 million Series B fundraising round back in...
Marc Freed-Finnegan doesn’t think receipts are exciting. 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. By completing this form, you agree...
The growing popularity of contactless payments in the U.K. has propelled the spending limit on contactless cards to be raised by £10 to £30 starting September 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Ant Financial, an affiliate of the Alibaba Group, announced Feb. 5 that it will take a 25 percent stake in Indian mobile payments company One97, according to TechCrunch. This move appears to line up with Jack Ma’s vision of getting Alibaba more involved in India, which...
It has been theorized by industry analysts that Apple Pay’s big breakthrough may when Apple Pay is introduced into the new Apple Watch. When that happens, Apple Pay will take off due to the ease of tapping a watch compared to whipping out one’s phone....
