Sections
investments
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1.5KB2B PaymentsSMB Challenger Banks A Hot Spot With VCs
The U.K. challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small...
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1.6KB2B PaymentsCorporate Debt Rattles (Some) Economists’ Nerves
U.S. federal debt has reached $22 trillion for the first time in the nation’s history, reports revealed on Wednesday (Feb. 13), raising...
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1.3KInvestmentsAutonomous Trucking Co TuSimple Becomes Unicorn With $95M Fundraise
TuSimple, a driverless truck startup in California, has achieved unicorn status — a valuation of $1 billion— after a series D funding...
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1.4KBitcoinBitcoin Daily: FinTech Outpaces Blockchain In 2018 VC Funds; Chainalysis Raises $30M For Expansion
South Korean cryptocurrency exchange Bithumb announced the launch of its own fiat-to-crypto exchange in the United Arab Emirates (UAE) with UAE-based firm Nvelop. The...
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1.3KInvestmentsDoorDash Market Cap Breaks $6B After $500M Fundraise
DoorDash, the food delivery startup, is gearing up to raise about $500 million, giving the company a valuation of higher than $6...
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1.7KB2B PaymentsGoldman Leads $44M Round For Biz Credit Startup Nav
Goldman Sachs and other investors have led a $44 million investment round in Nav, a company linking small businesses to their business...
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3.4KB2B PaymentsB2B FinTech Firms Brace For Growth With New VC
Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services,...
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2.3KInvestmentsUSA Tech Shares Plummet As Auditor Resigns
USA Technologies’ shares lost roughly 45 percent of their value on Thursday in intraday trading after an SEC filing by the firm...
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2.4KInvestmentsTink Raises $64M To Bankroll Its European Expansion
Tink, the Swedish FinTech that wants to create a European-wide open banking platform, announced Thursday (Feb. 7) that it raised 56 million...
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2.3KInvestmentsTim Armstrong’s New Venture To Eliminate Retail Middleman
Tim Armstrong, the veteran tech CEO, is launching a new company on Thursday (Feb. 7) dubbed dtx, which will focus on direct-to-consumer...
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2.2KInvestmentsAs Activist Investor Calls For Sale, Yelp Hires Evercore
Yelp is preparing to fight an activist investor who is pulling for a board shake-up and a potential sale. According to CNBC, sources...
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2.2KRetailPinterest Lets Users ‘Shop The Look’
Pinterest has fully automated Shop the Look, a feature that enables users to buy products from the company’s partners. Launched in 2017,...
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3.0KB2B PaymentsING Bridges Dutch SMBs To Funding Options
Dutch bank ING is linking its small business (SMB) customers to alternative lending marketplace Funding Options, the firms said on Monday (Feb....
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2.6KFintech InvestmentsARK Investment FinTech ETF Tracks Amazon, Square, PayPal
ARK Investment Management has launched its first FinTech-focused exchange-traded fund. The ARK FinTech Innovation ETF (ARKF) began trading publicly on the New York Stock...
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4.1KEarningsGoogle Feels The Cost-Per-Click Squeeze In Q4
Alphabet managed to beat Wall Street expectations for both earnings and revenue in the final quarter of 2018. Earnings came in at $12.77...
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8.2KAMLDeep Dive: How To Improve Existing AML/KYC Requirements
The following Deep Dive examines how the 2008 financial meltdown paved the way for existing AML/KYC practices, and how FIs can work...
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2.7KSMBsSMBs Reign In Spending, Hiring
Coming off a strong 2018, small business owners are becoming more conservative in terms of how many investments they make and how...
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2.3KInvestmentsVCs Urge Tech Startups To Spend Less
Venture capitalists are reportedly urging startup companies to curb their spending and hold on to more capital as concerns about the volatility...
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4.5KB2B PaymentsB2B FinTech Firms Address Risk To Land Investor Support
Payments company Stripe stole the B2B FinTech investment show this week with its funding that propelled its valuation to $22.5 billion, just...
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2.0KRidesharingGo-Jek Valuation Now Near $10B After Fresh Round Of Fundraising
Go-Jek, the Southeast Asia ride-hailing company, raised a little more than $1 billion in a recent round of fundraising. Bloomberg, citing a person...
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1.4KAMLKeeping Investment Platforms Free From Fraudsters
How can firms with global ambitions balance a smooth authentication process with rigorous AML efforts? In the inaugural edition of the AML/KYC...
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1.9KInvestmentsCentral Group Invests $200M In Local Grab Unit
Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia...
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3.1KEarningsMastercard Earnings To Shed Light On Consumer Spend, X-Border Payments
Investors, analysts and industry observers will parse Mastercard results on the heels of the payment giant’s earnings release Thursday morning to gain...
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3.9KToday In DataScoring A Touchdown For Consumer Choice
Customers want what they want, whether that be a voice assistant, a family vacation or to place a wager on the biggest...
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5.5KAMLHow To Keep Investment Platforms AML-Compliant
The global economy offers a wide range of opportunities for businesses to expand their reach, and promote their brands to new markets....
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3.8KFintech InvestmentsFinTech Acorns Hits $860M Valuation
Investing and savings startup Acorns has announced a Series E funding round to bring its valuation to $860 million. The $105 million round...
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3.1KHealthcareStartup 98point6 Raises $86M To Rival Amazon In Healthcare
Seattle-based 98point6 has officially launched nationwide availability of its on-demand primary care platform. The company announced that the service, which delivers personalized...
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4.5KInvestmentsPorsche, BMW-Backed Urgent.ly Raises $21M For Roadside Assistance
Roadside assistance startup Urgent.ly has raised $21 million in a Series B round that included venture arms of BMW, Porsche and Jaguar...
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2.9KInvestmentsIndia’s Reliance To Raise $563M To Take On Amazon, Walmart
Reliance Industrial Investments is gearing up to raise ₹4,000 crore to meet the company’s investment requirements and needs for funding, reported Deal...
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2.2KInvestmentsGO-JEK Seeks To Raise $2B In Funding
As Southeast Asia’s GO-JEK seeks to raise up to $2 billion of funding while it takes on Grab, the company has reportedly...
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5.2KPartnerships / AcquisitionsEarthport: ‘Yes’ To Mastercard’s Higher Bid On Heels Of Visa’s Offer
Bidding wars can be a breathtaking sight on Wall Street. One firm sets the bar, with an offer to buy a targeted...
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5.1KB2B PaymentsVCs Looking For FinTech Firms To Solve The Pain Of Unpaid Invoices
This week, Barclays and Santander InnoVentures demonstrated traditional banks’ interest in alternative finance when they led a nearly $34 million equity fundraise...
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1.9KEarningsDiscover’s Q4 Revenue Narrowly Misses Wall Street Expectations
While Discover Financial Services reported a 78 percent increase in its fourth-quarter earnings, the company missed Wall Street expectations by 3 cents....
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2.3KRetailShopRunner Gets UPS Investment, Acquires Precognitive
Online shopping network ShopRunner has had a big week. First, it announced an investment from UPS which will allow both companies to boost their retailer...
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3.6KInvestmentsTravel Startup Uplift Raises $123 Million
Travel startup Uplift has raised $123 million in a Series C funding round, according to a report in TechCrunch. The company’s CEO,...
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3.4KBitcoinBitcoin Daily: Coinbase Eyes Asia Expansion; R3, ING Pair On Blockchain Tech
Bitcoin fell to a five-week low during this past holiday weekend, reaching $3,442.50, its lowest level since Dec. 17. By Tuesday (Jan....
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1.9KInvestmentsIndian eCommerce Used Car Marketplace Raises $14M
Truebil, an online marketplace to buy and sell second-hand cars, has raised $14 million in a Series B round led by Japanese...
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4.3KDeliveryMunchery’s Out, So Who’s In To Travel Food Delivery’s Last Mile?
Another one has bitten the dust when it comes to providing the vital last-mile delivery service for online consumers (especially the hungry...
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2.4KB2B PaymentsSMB Payments, Lending Startup KiWi Grabs Funding
Investors have backed Switzerland-based FinTech startup KiWi to help the firm expand its small business payments and lending operations in Mexico, reports...
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4.1KFraud PreventionHow To Keep QSRs’ Digital Transformation Investments From Derailing
We all remember cramming — all that coffee and/or soda, all those books, notes and ink stains. Not to mention, all those late...
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3.0KInvestmentsMarketInvoice Raises Funding To Deepen Partnerships
MarketInvoice, the FinTech, announced on Monday (Jan. 21) that it has raised £26m in new equity funding. In a press release, MarketInvoice...
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4.3KB2B PaymentsJPMorgan Consolidates SMB, Enterprise Payment Operations
JPMorgan Chase is planning the consolidation its corporate payment operations by combining small business (SMB) and large enterprise solutions, the Financial Times (FT)...
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4.3KB2B PaymentsB2B eCommerce A Favorite Among Investors
With more than $65 million placed with B2B FinTech firms this week, it wasn’t the most lucrative roundup for the industry. Yet,...
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3.5KB2B PaymentsGE Capital Exits Trade Finance With MUFG Acquisition
General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS)...
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2.5KIPOOnline Bank Tandem Mulls IPO
Digital bank Tandem has revealed plans to go public within the next five years. The U.K. bank said an initial public offering...
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5.1KEarningsGoldman’s Marcus Logs $35B In Deposits In 2018
Goldman Sachs saw its latest quarterly results beat Street estimates, helped by a combination of investment banking-related activity – but also by...
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5.5KAuthenticationWhy Last-Mile Logistics Needs Last-Mile Authentication
For consumers, working with various institutions — such as banks, government agencies and medical systems — often means remembering just as many account passwords for...
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2.5KRetailRetailers Reconsider Big Moves Amid Economic Uncertainty
With the possibility of a potential recession looming, among other factors, retailers may be rethinking major decisions. They are also said to...
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2.5KB2B PaymentsCFOs’ Goals For The Year: Act Like ‘Tech Titans,’ Prep For Trade Volatility
Citi‘s latest report on how the corporate finance world plans to navigate volatility in 2019 suggests chief financial officers (CFOs) have a...
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2.4KB2B PaymentsCorporate Payments Firm AccessPay Secures US Backing
U.S. investors have placed new funds with U.K.-based corporate payments and treasury technology company AccessPay, reports in The Telegraph said on Sunday...
