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Bitcoin Daily: Binance Applies For Singapore Crypto License; CFTC Files Charges In Digital Ponzi Scheme

PYMNTS

Binance Holdings has applied for an operating license in Singapore under the country’s new payments legislation, which aims to be a comprehensive regulatory agency for digital currencies. The Commodity Futures Trading Commission has charged a Colorado resident with fraud in an alleged Ponzi scheme.

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JD Sports Purchases California-Based Shoe Palace

PYMNTS

Overall cash consideration for the purchase of the company is $325 million, which is subject to “customary cash/debt and working capital adjustments,” of which $100 million has been deferred and will be paid on different dates over the 12 months to come. California-based Shoe Palace was started in 1993 by the Mersho family.

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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised. Honorable Mention.

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VF Corporation Wraps Up Purchase Of Supreme

PYMNTS

billion aggregate base purchase price, which is “subject to customary adjustments for cash, indebtedness, working capital and transaction expenses.” million or 66 cents per share in operating income on $2.6 The Colorado-based firm also declared a 49 cents per common share dividend for the quarter concluding Sept.

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AeroPay Closes Seed Round Led By Continental Investors

PYMNTS

Alternative payments platform AeroPay is looking to accelerate its growth after closing a seed round of capital led by a top FinTech investment firm. A division of Partner Colorado Credit Union, Safe Harbor provides a compliance-based banking program for cannabis businesses. The Chicago-based FinTech announced on Tuesday (Sept.

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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System

PYMNTS

Plus, Delivery Hero is launching an early-stage venture capital (VC) firm. It also has a California office, which opened in 2017, and has plans for a Colorado office. Germany’s Delivery Hero Introduces Its Own Venture Capital Fund. Checkout.com Closes $450 Million Series C For $15 Billion Valuation. Checkout.com, a U.K.-based

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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

PYMNTS

The blank check operation that will take Rush Street Interactive public fits the profile. RSI currently holds online gambling licenses in Illinois and Pennsylvania, states where Bluhm’s company Rush Street Gaming has casinos, as well as New Jersey, Colorado and Indiana. RSI is projecting $321 million in revenue for its fiscal 2021.

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