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.

Groups 248

Groups Florida Retail Capital 248

PYMNTS

DECEMBER 1, 2020

Germany-based Aareal Bank Group is rolling out its Aareal Exchange & Payment Platform (AEPP) offering. In separate news, U.S. Bank has launched its new AP Optimizer — an online tool that aims to streamline invoice handling and payments for companies. 1) announcement.

Groups 150

Groups Payments Resources Management 150

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

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.

Groups 175

Groups Capital Regulation Fintech 175

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

Groups 194

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.

Groups 204

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

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. billion bank announced today.

Capital 98

Capital Fintech Groups US 98

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. In separate potential Asia IPO news, Chinese eCommerce company JD.com Inc.’s percent of the firm’s stock or 1.69

Groups 131

Groups Retail New York Report 131

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.

Groups 202

Groups Software Tools Management 202

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

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.

ATM 130

ATM Capital Survey Cards 130

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.

Groups 142

Groups cryptocurrency National Study 142

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

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. 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. Authentic Brands Could Buy Arcadia Group And Debenhams. Bed Bath & Beyond Inc.

Branding 131

Branding Groups Retail New York 131

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

PYMNTS

OCTOBER 21, 2020

In today’s top news in digital-first banking, Interra signed a multi-year deal with Lumin, while Australia’s Westpac Group is teaming with buy now, pay later (BNPL) company Afterpay on banking services. Lumin, Interra Credit Union Team on CU's Digital Banking Solution. Afterpay Teams With Westpac to Offer Banking Services.

Groups 148

Groups Digital Banking Capital Report 148

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

Groups 160

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.

Groups 130

Groups Taxes Capital Fintech 130

PYMNTS

OCTOBER 30, 2020

The PYMNTS Weekender is here to catch you up on the latest news at the end of another busy work week. Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. Bain Capital Ventures’ partner Matt Harris told PYMNTS that 2020 marked the tipping point for commercial payments. “I Fun, Cool And Otherwise Interesting .

Technology 161

Technology Apple Payments Capital 161

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 The company raised $2.5

Capital 162

Capital Software Lending Online 162

PYMNTS

MARCH 3, 2020

With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. Its last announcement for fundraising was in 2018 from the venture capital arm of Line. The platform, as of now, teams with “super apps” such as Home Credit and Line. It now purports to bring together over 1.5

Groups 130

Groups Comparison Online Community 130

PYMNTS

APRIL 18, 2019

Cryptocurrency consortium Panxora is rolling out a new solution aimed at helping organizations preserve the funds they have raised through Initial Coin Offerings (ICOs). “Too many exciting ICO projects have fallen by the wayside due to poor financial management,” said Panxora Group CEO Gavin Smith in a statement.

Capital 108

Capital cryptocurrency Boston Management 108

PYMNTS

NOVEMBER 6, 2020

The PYMNTS Weekender is here to catch you up on the latest news at the end of another busy work week. Millennials and Gen Z are among the groups that are most likely to have received instant payments. NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper. Millennials Drive More to Faster Payments .

Online 148

Online Payments Millennials Apple 148

PYMNTS

JUNE 4, 2020

All eyes in the retail sector are now on Simon Property Group , as the mall giant hauls The Gap into court for failing to pay rent amid the coronavirus shutdown. The announcement came as The Gap cut staff, furloughed workers, slashed expenses and put $300 million in capital improvements on ice. percent to $12.08

Groups 132

Groups Delaware Retail America 132

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. On Tuesday (Jan.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

JANUARY 29, 2021

In this week's news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments. Reports have emerged that Booksy , the beauty and wellness appointment booking app , has landed $70 million in a Cat Rock Capital-led Series C round.

Payments 139

Payments Apple Cards Security 139

PYMNTS

OCTOBER 23, 2019

With a new capital infusion, SoftBank Group is extending a lifeline of up to $8 billion into the office space and workspace solutions firm WeWork. Masayoshi Son, chairman and chief executive of SoftBank Group Corp., billion into the company, according to reports. billion into the company, according to reports.

Capital 100

Capital Groups Regional Report 100

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

Groups 116

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.

Groups 151

Groups Fintech Branding Resources 151

PYMNTS

OCTOBER 23, 2019

With a new capital infusion, SoftBank Group is extending a lifeline of up to $8 billion into the office space and workspace solutions firm WeWork. Masayoshi Son, chairman and chief executive of SoftBank Group Corp., billion into the company, according to reports. billion into the company, according to reports.

Capital 101

Capital Groups Regional Report 101

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.

Groups 100

Groups Boston Capital Meeting 100

PYMNTS

AUGUST 15, 2017

Ride hailing app company Uber is reportedly considering an offer from an investment group that wants to own a bigger share of the company. One of the sources told Recode that talks between Uber and the investor group are close to being final, although terms of the deal could materialize during the next thirty days.

Groups 100

Groups Capital Report Fraud 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.

Groups 192

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