In the midst of headlines tied to the Trump administration, from immigration and on down to any number of staffing changes, at the top on down, a few things are going to linger, rippling to impact the way corporations and consumers interact. The big lever...
(Editor’s note: Forgive the lack of graphics-based data, as per usual. We at PYMNTS are working through some technical issues and will endeavor to have that part of the weekly stock column restored as soon as possible.) Overall a quiet week for stocks just passed, ending...
Monzo, one of the U.K.’s digital-only banks, is getting closer to securing new Series C funding, with U.S.-based Thrive Capital reportedly leading the round. An announcement could come as early as this week. While an exact investment amount wasn’t disclosed, TechCrunch is reporting that it...
Ant Financial, the financial services arm of China’s Alibaba, is making an investment in Mynt, a mobile payment and credit service in the Philippines. According to a report, Mynt is owned by Globe Telecom, the mobile operator based in the Philippines. Ant Financial is teaming up...
Banco Santander, the Spanish lender, has thrown its money into two artificial intelligence companies in an effort on the part of the financial industry to embrace AI. According to a report by Reuters, citing sources familiar with the deals, Santander’s venture arm, InnoVentures, acquired stakes in Personetics...
Slightly more than $120 million in investment fund flows marked the week that ended Feb. 10. That’s a slowdown from the weeks prior and over the past several days, and no deal was in the triple-digit range. The FinTech space, this time around, carried almost...
Buying and selling homes is never an easy process. Buyers are trying to get the best bang for their buck, and sellers are trying to get as much money as possible for their property. In hyper-competitive markets like Boston, New York and San Francisco, many...
Social Finance, or SoFi for short, is nearing an agreement to raise as much as $500 million in a new venture capital funding round, Bloomberg reported. That tally is likely to be led by Silver Lake Partners, the newswire said, and will be geared toward...
Fika Ventures, a seed investor in startups, has secured $40 million for its first fund. According to a report, Fika is aiming to invest in enterprise companies that are in the seed stage. While Los Angeles’ tech scene, where Fika is based, is focused on eCommerce, digital...
