Japan cashless incentives could be extended as part of stimulus
Japan’s measures for encouraging the spread of cashless payments will likely need more funding beyond the end of March and ...
Tag: Bloomberg
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 ...
TD would unlock value by selling Schwab stake, CIBC says
Toronto-Dominion Bank sees “significant value” from Charles Schwab Corp.’s purchase of TD Ameritrade Holding Corp. -- but that will only ...
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, ...
Thai bank targets $1 billion spinoff among Its fintech units
Siam Commercial Bank Pcl plans to spin off some of its fintech divisions as it tries to monetize its push ...
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 ...
Robinhood plans free U.K. stock-trading launch in first quarter
Robinhood Markets Inc. plans to offer its stock-trading service outside the U.S. for the first time, launching in the U.K. ...
Ant may join race for Singapore virtual bank licenses
Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking license in Singapore, a move ...
Big tech acting like banks should face same rules, Germany says
Germany has a message for big tech companies: Get ready to be regulated if you want to offer banking services. ...
Porn site says PayPal ban will hurt more than 100,000 performers
PayPal Inc. is blocking transactions at Pornhub, a move the adult-video site says will halt payments to “over a hundred ...
