PYMNTS

JULY 8, 2020

Ant Group, the online payment service affiliate of China’s Alibaba Group Holding Ltd, is looking to go public as early as this year, Reuters reported. . Ant Group was launched in 2014 to provide global financial services. At the time, Credit Suisse and China International Capital Corp.

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Groups Report Capital Regulation 175

PYMNTS

OCTOBER 22, 2020

Ant Group has won the nod from China's top security regulators for its Shanghai offering, the last hurdle to clear for the $35 billion dual listing, Reuters reports. Ant, the FinTech backed by China's Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai in the next few weeks, according to sources quoted by Reuters.

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Groups Capital Regulation Fintech 175

PYMNTS

SEPTEMBER 21, 2020

Ant Group , the online payment provider for China-based Alibaba Group Holding Ltd., China International Capital Corp. , Citigroup , J.P.Morgan and Morgan Stanley are managing the Hong Kong sale. Ant Group declined to comment in an emailed statement. The news comes as Ant Group gained profits of $1.3

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Groups Capital Regulation Operations 141

PYMNTS

SEPTEMBER 23, 2020

Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward expanding its products and apparel categories. The round was led by D1 Capital Partners , and values the company at $1.75

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Groups Branding Online America 194

PYMNTS

JANUARY 14, 2021

Southeast Asian FinTech Grab Financial Group announced in a press release that it has raised $300 million in a Series A funding round. Other investors in the round include K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures , the release stated.

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Groups Regional Fintech Management 204

PYMNTS

JANUARY 12, 2021

Porter Capital , which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release.

Capital 178

Capital Tools Lending Community 178

PYMNTS

JUNE 14, 2020

Coupa Software , which works in business spend management, announced that it has acquired treasury management software BELLIN Group , according to a press release. ” BELLIN Group CEO Martin Bellin said he created the company initially as a way to combat the inadequacies he saw as a corporate treasurer earlier in his career.

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Groups Software Tools Management 202

The Paypers

JANUARY 10, 2024

UK-based Finverity , a digital trade and supply chain provider, has partnered with Tesselate Group , a provider of adaptable and scalable business systems.

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Groups Capital System 36

PYMNTS

AUGUST 4, 2020

Japanese eCommerce and payments platform hey announced a Series E investment led by Bain Capital , a press release says. The round was also supported by PayPal Ventures , Goldman Sachs, YJ Capital, Anatole, and existing investor World Innovation Group, according to the release.

Capital 194

Capital Payments Meeting Groups 194

PYMNTS

JANUARY 11, 2021

Capital One has signed on to join Fiserv ’s surcharge-free MoneyPass ATM network. Under the deal , MoneyPass will be made available at over 1,500 Capital One ATMs at Capital One branches, Capital One Cafés and other select locations. While ATMs are highly popular with customers, ATM fees are not.

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ATM Capital Survey Cards 130

PYMNTS

MAY 11, 2020

Mumbai-based Tata Capital , a division of Tata Group, is rolling out a mobile app to make it easier for its business loan customers to manage their accounts. Tata Capital is deeply invested in providing easy access of credit to merchants and dealers through its Channel Finance and Term Loan products.

Capital 141

Capital Mobile User Experience Groups 141

PYMNTS

JANUARY 17, 2020

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create on Borneo island. The country had pegged the cost of moving the capital in the past at $33 billion. and China. .

Capital 130

Capital Groups Meeting Report 130

American Banker

FEBRUARY 29, 2024

Citing missed deadlines for an annual meeting and key regulatory filing, the Norcross-Braca group has called off a plan to invest $35 million in the Philadelphia bank.

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Philadelphia Capital Meeting Groups 85

PYMNTS

FEBRUARY 1, 2021

Add Simon Property Group to the list – the real estate investment trust formed a blank check firm known as Simon Property Group Acquisition in an IPO slated to raise up to $300 million. capital markets work hold a significant advantage.” Funds that have expertise in both companies operating in Asia and how U.S.

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Groups Florida Retail Capital 248

PYMNTS

NOVEMBER 3, 2020

Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov. Ant Group was looking to raise around $35 billion in proceeds from the offering. percent of Alibaba, which has a market capitalization of $775.5 Ma also owns 4.2

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Groups Regulation Meeting Lending 160

PYMNTS

JUNE 3, 2020

Papaya Global , which works in global payroll and B2B payments, has a new investor in Group 11 , a U.S. FinTech venture capital firm, according to a press release.

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Groups Taxes Capital Fintech 130

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. Asia Capital & Advisors led the round, reports said, while Global eTrade Services and Curzon Investments also participated. Apollo Agriculture.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

DECEMBER 1, 2020

Germany-based Aareal Bank Group is rolling out its Aareal Exchange & Payment Platform (AEPP) offering. The technology has the impact of putting those services into one system and allows groups to focus on making rebate opportunities, reducing expenses, and more effectively supervising working capital. 1) announcement.

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Groups Payments Resources Management 150

CB Insights

JULY 23, 2021

Capchase , a company that provides access to non-dilutive capital, has raised $280M in a mix of debt and equity. 50M was raised in a Series B round from the i80 Group and $230M in a debt round from undisclosed Investors. Massachusetts-based Capchase helps firms acquire capital otherwise tied up in future predictable revenue payments.

Capital 69

Capital Groups Company Massachusetts 69

PYMNTS

DECEMBER 26, 2019

Central Retail, which is part of the billionaire Chirativat family’s Central Group, will sell up to 22.1 With its listing plans, parent company Central Group will delist its Robinson Pcl retail subsidiary. percent of the firm’s stock or 1.69 Subscriptions for investors will start at the beginning of February.

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Groups Retail New York Report 131

PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. China TransInfo Technology Corp.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

AUGUST 29, 2019

The Walt Disney Company announced that it has sold its equity interest in the YES Network to a newly formed investor group that includes Yankee Global Enterprises, Sinclair Broadcast Group, and Amazon. The group acquired the 80 percent of the YES Network not already owned by the Yankees, at a value of $3.47

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Groups Regional Capital New York 116

PYMNTS

APRIL 21, 2020

Headquartered in Ottawa, Ontario, the eCommerce company and platform rolled out Shopify Capital to grant SMBs cash advances ranging from C$200 to C$500,000. Shopify Capital isn’t traditional financing. Shopify Capital was introduced in the U.S. in April 2016 and extends loans in 14 states.

Capital 161

Capital Groups Company Mobile 161

PYMNTS

JUNE 27, 2019

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. Founded in 2010, Creative Group enables customers to digitally buy or send prepaid credit to spend with their favorite brands, as well as to send cross-border credit remittances. We are excited to have Prime Ventures on board.

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Groups Fintech Branding Resources 151

PYMNTS

JANUARY 9, 2020

Mergers and acquisitions (M&A) advisory firm Equiteq announced that it advised The Shelby Group , an eProcurement transformation and optimization consulting firm, on a recent growth investment from Boston-based private equity firm WestView Capital Partners , according to a press release.

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Groups Boston Capital Meeting 100

PYMNTS

SEPTEMBER 30, 2018

Ripple , the blockchain startup, is heading up a new cryptocurrency lobbying group called Securing America’s Internet of Value Coalition. Coindesk noted that most of the members of the new lobbying group have ties to Ripple. Coindesk pointed to Coil as one example. Its founder is the former chief technology officer at Ripple.

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Groups cryptocurrency blockchain Regulation 192

PYMNTS

SEPTEMBER 18, 2018

Alternative lending companies BlueVine , Fundbox and 6th Avenue Capital have joined the ILPA, an alternative small business (SMB) lending trade organization.

Groups 134

Groups Lending Capital Fintech 134

PYMNTS

JANUARY 17, 2019

General Electric ‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum.

Capital 150

Capital America blockchain Regulation 150

Bank Innovation

JULY 1, 2019

Capital One is contemplating how it can use data management technology, the cloud, APIs and artificial intelligence to meet the needs of middle-market businesses that increasingly are turning away from paper checks toward digital payments.

Capital 186

Capital Strategy Cards Meeting 186

BankInovation

AUGUST 26, 2021

Bank has ownership stake in two fintech-focused venture capital firms, the $558.9 The VC firms are Fin Venture Capital and Commerce Ventures, which both invest in startups that work alongside banks. David Ness, who leads the fintech engagement group, told Bank Automation News why U.S. Bank chose Fin Venture Capital […].

Capital 98

Capital Fintech Groups US 98

PYMNTS

SEPTEMBER 8, 2017

This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. Apica said it will use the funds to expand across the U.S. The company raised $2.5 SMB Lending.

Capital 162

Capital Software Lending Online 162

PYMNTS

JANUARY 31, 2019

Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia ride-hailing startup. According to Reuters , citing a statement by Central Group, the retailer said it will “acquire a significant non-controlling stake” in the Thailand unit of Grab.

Groups 108

Groups Capital Conference Retail 108

PYMNTS

OCTOBER 16, 2020

16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart. . TCS Group Holding is the parent company of the Russian lender Tinkoff Bank. “We Russian search giant Yandex said in a statement on Friday (Oct. The merger deal was originally announced last month. Last month’s preliminary deal was set at $5.5

Groups 141

Groups Google Capital Fintech 141

PYMNTS

OCTOBER 28, 2020

Jack Ma’s Ant Group broke records on Wednesday (Oct. Morgan Chase, Morgan Stanley and China International Capital Corp led the Hong Kong share sale. The billionaire founder of China’s eCommerce giant Alibaba, an Ant Group affiliate, Ma is poised to add some $27 billion to his fortune after the IPO, a Forbes report said.

Groups 136

Groups Examples Capital Marketing 136

American Banker

OCTOBER 9, 2023

The Federal Reserve's top regulator cited the financial crisis of 2008 repeatedly in a speech about the merits of new risk-capital standards — proposals that have drawn unprecedented fire from banking trade groups and members of Congress.

Capital 60

Capital Regulation Groups Policies 60

PYMNTS

DECEMBER 14, 2020

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. has entered into a definitive arrangement to sell Cost Plus World Market to Kingswood Capital Management. Bed Bath & Beyond Inc.

Branding 131

Branding Groups Retail New York 131

PYMNTS

JANUARY 21, 2020

And now, for digital currencies, it’s a group effort — among central banks, that is. 21), at least some of those central banks are banding together to form a group that will study ways and means of issuing central bank digital currencies (CBDC). As for what may be underpinning a group effort …. But as reported Tuesday (Jan.

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Groups cryptocurrency National Study 142