Blockchain has issued many promises in the financial services space, vowing improved efficiency, heightened transparency and unmatched security. The debate continues over whether distributed ledger...
Welcome to Five at Five, your late look at payments and commerce news you might have missed. Today’s stories include details about Amazon’s new plans...
After committing $5 billion to investments in India, Amazon reportedly wants to increase its investment by $2 billion. With the additional capital, the eCommerce retailer...
Marqeta, the open API platform for card issuing and solutions, announced it has raised $45 million in a new round of funding. Get the Full...
After raising $37 million in a funding round backed by investors such as Idinvest and Allianz, French lending platform Lendix is eyeing expansion in Europe....
Following years of U.S. growth, IKEA is reining in its brick-and-mortar expansion efforts: The furniture retailer cancelled planned stores in North Carolina, Tennessee and Arizona. Instead,...
As Walmart refocuses its worldwide operations, Advent International plans to take a 80 percent stake in the retailer’s business in Brazil. With such a deal, Walmart...
From $250 million for Tradeshift to a $2 million pre-Series A funding round, VC activity in the B2B space was varied in scope and size....