Two years after acquiring a majority stake in the firm, Alibaba plans an additional investment of roughly $3.33 billion in logistics affiliate Cainiao to increase...
Gig economy platform Upwork plans to focus more on larger companies in the coming months, as the company seeks to increase its market share in...
One of the themes of the coming decade — we’ve sprung for a top-shelf crystal ball here at PYMNTS, so we can state such things...
FinTech startup Digits has announced the close of a $10.5 million Series A funding round, led by Benchmark. There was also participation from 72 angel...
Fiserv reported results for the third quarter that, in the wake of its acquisition of First Data, showed progress on realizing revenue synergies and growth...
IKEA and Hennes & Mauritz (H&M) are putting money into technology startups as a way to help them sidestep retail disruption, the Financial Times (FT)...
In today’s top payments news, Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6) with its first quarterly drop-off in 14 years. Also,...
Silicon Valley Bank, a unit of SVB Financial Group, revealed plans to invest a minimum of $200 million to supply loans to Danish technology companies....
SoftBank is looking to develop stricter regulations for startups in the wake of the near collapse of WeWork. Sources have said the Japanese powerhouse is...