Ant Financial to raise a $1 billion startup investment fund
Billionaire Jack Ma’s Ant Financial is planning to raise about $1 billion for a fund that will invest in startups...
Payments
MoneyLion bets it can scale for ‘exponential growth’
MoneyLion is looking to go big. As part of that effort, the personal finance, banking and investment platform has named...
Paytm raises $1 billion at $16 billion valuation
India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision Fund and new investors,...
Plaid expands to France, Ireland and Spain
This week, data aggregator Plaid confirmed its expansion to France, Ireland and Spain. Plaid will work with more than 80%...
Stash doles out 5 million ‘Stock-Back’ rewards
As cash back rewards become expected offerings among banks and financial platform companies, Stash is offering customers fractional shares of...
Weekly Wrap: Real-time payments expand, as big tech adds financial offerings
Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, November 22, 2019. In...
With Honey, PayPal focuses on the path to purchase
On Wednesday, PayPal agreed to acquire digital coupon platform Honey for $4 billion. Despite the hefty price tag, Honey offers...
PayPal to acquire online coupon site Honey for $4 Billion
PayPal Holdings Inc. will acquire Honey Science Corp. for about $4 billion, its largest-ever acquisition, adding a startup that amasses...
WorldRemit opens Toronto office to help grow Canadian customer base
U.K.-based digital money transfer company WorldRemit opened its Canadian headquarters in Toronto this week, a move that puts it in...
The Clearing House adds HSBC and Wells Fargo to its real-time payments network
The Clearing House's real-time payments network is quickly picking up new bank partners, with Wells Fargo and HSBC joining it...
