Editor’s Picks

Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch

Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch
Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch
December 07, 2020  |  Banking

A new Singaporean digital bank formed in a joint venture between Grab Holdings Inc. and Singapore Telecommunications Ltd. will hire 200 people before launching publicly...

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Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
December 06, 2020  |  Digital Payments

Citigroup will be helping governments around the world establish sovereign digital currencies, or central bank digital currencies (CBDC), CEO Michael Corbat says, according to a...

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Airbnb’s New IPO Pricing Could Boost Market Cap To $42 Billion
Airbnb’s New IPO Pricing Could Boost Market Cap To $42 Billion
December 06, 2020  |  IPO

Airbnb, which plans to hold its initial public offering (IPO) Thursday (Dec. 10) — just a day after DoorDash does the same — will increase...

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New US Stimulus Proposal May Include $288 Billion In Small Business Aid
New US Stimulus Proposal May Include $288 Billion In Small Business Aid
December 06, 2020  |  Economy

The U.S. Senate may as early as Monday take up a new $908 billion stimulus package that includes help for small- to medium-sized businesses (SMBs)...

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Petco Files For IPO As Demand For Pets Surges During Pandemic 
Petco Files For IPO As Demand For Pets Surges During Pandemic 
December 04, 2020  |  IPO

Petco has set its sights on going public as the demand for pets and related supplies skyrocket amid the global COVID-19 pandemic, CNBC reported. Get...

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Dutch Competition Probe Into Payment Apps Centers On Apple Pay
Dutch Competition Probe Into Payment Apps Centers On Apple Pay
December 04, 2020  |  ANTITRUST

Dutch antitrust regulators have launched an investigation into freedom of choice regarding payment apps and is eyeing Apple Pay’s limitations, Bloomberg reported. Get the Full...

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DoorDash Raises Target Price To $90-$95 A Share For Potential $3.14 Billion IPO
DoorDash Raises Target Price To $90-$95 A Share For Potential $3.14 Billion IPO
December 04, 2020  |  IPO

Food delivery platform DoorDash is looking to raise up to $3.14 billion in its hotly anticipated initial public offering (IPO) and has increased its target...

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Grab, Sea And Ant Chosen To Receive Digital Banking Licenses In Singapore 
Grab, Sea And Ant Chosen To Receive Digital Banking Licenses In Singapore 
December 04, 2020  |  Cross-border Payments

The Monetary Authority of Singapore (MAS) on Friday (Dec. 4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd....

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