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SeatGeek Raises $328M Following Canceled SPAC
SeatGeek Raises $328M Following Canceled SPAC
August 31, 2022  |  Investments

Mobile ticketing platform SeatGeek has raised $238 million from private investors after canceling plans to go public. Get the Full Story Complete the form to...

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Bed Bath & Beyond: Layoffs, Closures Coming to Boost Profitability
Bed Bath & Beyond: Layoffs, Closures Coming to Boost Profitability
August 31, 2022  |  Retail

Struggling home goods retailer Bed Bath & Beyond will lay off 20% of its workforce and close more than 150 stores in a bid to...

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Chewy Sees Recurring Revenue Promise in Pet Health Offerings
Chewy Sees Recurring Revenue Promise in Pet Health Offerings
August 31, 2022  |  Retail

Online pet product retailer Chewy touted the potential and growth opportunity of its pet health offerings as it released quarterly earnings Wednesday (Aug. 31). Get...

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Thunes, Alipay+ Partner to Ease Acceptance of Mobile Wallets in Europe
Thunes, Alipay+ Partner to Ease Acceptance of Mobile Wallets in Europe
August 31, 2022  |  Mobile Wallets

Noting the recovery of international tourism and the popularity of mobile wallets, cross-border payments company Thunes has partnered with Ant Group’s Alipay+ to enable merchants...

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African FinTech EFT Corporation Fights Fraud With ACI Worldwide Partnership
African FinTech EFT Corporation Fights Fraud With ACI Worldwide Partnership
August 31, 2022  |  Fraud Prevention

End-to-end payment solutions provider EFT Corporation is instituting new fraud protection measures across Africa through a partnership with real-time payments firm ACI Worldwide. Get the Full Story...

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Klarna Faces Growing Pains as Losses Increase
Klarna Faces Growing Pains as Losses Increase
August 31, 2022  |  Earnings

Expenses related to U.S. and international market expansion combined with the integration of new acquisitions and widening credit losses all added up to a messy...

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Visa Says US Payments Volume Climbed 11% Y/Y in August
Visa Says US Payments Volume Climbed 11% Y/Y in August
August 30, 2022  |  VISA

Visa said its U.S. payments volume was up 11% from a year ago, with even the company’s exit from Russia not hurting the stats, a...

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Today in Crypto: Korean Central Bank Urges Regulating ICOs Instead of Ban
Today in Crypto: Korean Central Bank Urges Regulating ICOs Instead of Ban
August 30, 2022  |  Cryptocurrency

Tether is firing back against a Wall Street Journal report saying it had inadequate reserves for its stablecoin, a blog post said. Get the Full...

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Pezesha Raises $11M to Grow Lending Platform in Sub-Saharan Africa
Pezesha Raises $11M to Grow Lending Platform in Sub-Saharan Africa
August 30, 2022  |  Investments

Embedded finance FinTech Pezesha has raised $11 million in a pre-Series A funding round and plans to use the funds to scale operations in its...

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