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Mollie Is Latest Tech Startup To Attain Unicorn Status

PYMNTS

TCV, a major equity investor with a focus on technology, led the Series B round of funding, Mollie said in a press release. The $100 million in investment capital marks the second time Mollie has cut a major financing deal, following a $29.5 million injection of capital last year.

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Bestselling Author J.D. Vance Teams Up With Peter Thiel, Others On VC Fund

PYMNTS

Vance, who penned the popular memoir “Hillbilly Elegy,” has started a VC fund called Narya Capital, according to a report Thursday (Jan. The firm has plans to invest in startups that are in the science and advanced technology spaces, and will provide checks of between $5 million and $10 million. Bestselling author J.D. 9) by Bloomberg.

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Virgin Galactic To Become First Listed Human Spaceflight Company

PYMNTS

Special-purpose acquisition company (SPAC) Social Capital Hedosophia Holdings Corp. The spaceflight company sees the arrangement as providing it with sufficient capital for funding until the time its spaceships have the ability to operate commercial and churn a profit.

Company 128
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Big Data Firm Palantir Prepares For Potential IPO

PYMNTS

Palantir Technologies is the latest in a recent flurry of tech companies to signal plans for a potential IPO. Founded in 2004 by CEO Alex Karp and venture capital tycoon Peter Thiel, Palantir specializes in Big Data, working with major corporations and government agencies to crunch large volumes of information.

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Mobile Payments On Smartphones Soar In Japan

PYMNTS

“And with the Olympics pushed back to 2021, we can expect the Japanese government to continue to invest in mobile payment technology as part of its measures to keep the games safe,” Liu added. Still, Japan remains a heavily cash-based economy, Darren Abrahamson , managing director of Bain Capital Tech Opportunities, told PYMNTS.

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FinTech Startups Take Advantage Of Talent Pool In Dublin

PYMNTS

Dublin, the capital of Ireland, is a burgeoning hub for startups in the technology sector. The city is home to European offices for multinational technology companies, as well as banks and startups. In 2004, Google arrived and other firms such as Facebook and Twitter came on the scene.

Fintech 101
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Community Banks Embrace Faster Payments’ Competitive Edge

PYMNTS

has dropped from 8,000 in 2004 to about 5,400 in 2018. ” Yet, small businesses are demanding the same level of technological innovation in their bank products and services that consumers and larger corporates want. Embracing Technological Disruption.