PYMNTS

JANUARY 7, 2019

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. It currently operates more than 550 stores in the region. “We Freeman, senior managing director at GlassRatner Advisory & Capital Group, said at the time.

US 149

US United States Regional Operations 149

PYMNTS

DECEMBER 10, 2020

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge. In today’s top payments news around the world, Xoom is now offering clients in the U.S., Canada, Europe and U.K. Canada, U.K.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

JUNE 7, 2019

This week’s B2B Venture Capital roundup is all about data. However, the biggest funding round of the week went to a company that is not yet in the B2B FinTech space, though it has plans to use the capital to launch a cross-border, small business (SMB) money-transfer service. Catch up on the latest investment rounds below.

Data 139

Data Capital Analytics Lending 139

PYMNTS

APRIL 30, 2020

The SoftBank-backed company, which is based in Singapore, said it has provided workers throughout the region with a choice to have flexible working options, such as sabbaticals. Grab operates in over 300 cities in eight countries in Asia, including Malaysia, Singapore and Indonesia.

Leadership 130

Leadership Regional Operations Report 130

PYMNTS

DECEMBER 7, 2020

operations to PNC Bank , creating the fifth-largest regional player in the U.S. Firms with strong balance sheets, he said, have been in a position of strength to capitalize on select opportunities. No matter the size of the bank or the regional focus, there’s a general realization that disruption is on the horizon.

Google 282

Google Examples Regional Lending 282

PYMNTS

NOVEMBER 6, 2019

However, Mohamed Al Kuwaiti, executive director of the UAE’s National Electronic Security Authority, told CNBC that the country has been working with big tech platforms, especially Facebook-owned WhatsApp, on national security initiatives. Of course, technology also brings with it security concerns.

National 100

National Security Regional Apple 100

PYMNTS

JUNE 26, 2019

The acquisition will boost growth, and improve the user experience in the Nordic region through the integration of Getaround’s connected car technology. The entire Nabobil team will join Getaround to continue operations and oversee expansion in the region. Founded in 2015, Nabobil has built a strong user base in Norway.

Regional 108

Regional User Experience US Operations 108

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. based Steadview Capital, adding to the previous Series A round announced in April.

Capital 128

Capital Lending California Regional 128

PopularBank

OCTOBER 28, 2020

The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. Our filings are available on Popular’s website ( www.popular.com ) and on the Securities and Exchange Commission website ( www.sec.gov ). New York Metro.

Puerto Rico 52

Puerto Rico New York Metro Community 52

PYMNTS

AUGUST 12, 2019

“Small business lending remains strong and is growing at big banks and at regional and community banks,” said Biz2Credit CEO Rohit Arora in a statement. “Entrepreneurs who have a good credit history are having success in securing capital in 2019.” .” Meanwhile, in the U.S., and the U.K.

Lending 144

Lending US Capital Data 144

PYMNTS

JANUARY 7, 2021

The company is looking to move its consumer loan business into a new consumer lending unit that would be able to operate throughout China, Bloomberg reported, citing unidentified sources. Under the new regulations, the units would be limited to operating in China’s Chongquing municipal region.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

DECEMBER 8, 2017

A $10 million Series B funding round for India-based corporate expense management company Happay was announced this week, reports in VCCircle said, with backers from Sequoia Capital leading the investment. secured $40 million in Series C funding, reports this week said. Artificial Intelligence. California-based H2O.ai

Bitcoin 139

Bitcoin Analytics Payments Capital 139

PYMNTS

NOVEMBER 30, 2018

The cloud, artificial intelligence (AI) and robotics are all prevalent themes in this week’s venture capital breakdown, with startups working to overhaul entire processes for their enterprise customers, from logistics to workforce management. The firm said it will use the investment to focus on operational expansion.

Capital 156

Capital Management Technology Operations 156

PYMNTS

MARCH 20, 2019

And in one example, Nash — a financial services platform registered in Liechtenstein — looks to provide a funds management service tied to digital wallets that will help users create and operate accounts across several blockchains while retaining custody of their assets. It means keeping your assets yourself, not with someone else.

blockchain 145

blockchain Security Mobile Capital 145

PYMNTS

FEBRUARY 10, 2017

B2B payments, alternative SME finance, enterprise cybersecurity, data management and logistics all secured a financial boost — find out which startup scored the most in our breakdown below. Capital Float. Securing more than $2.5 Capital Float will use the funding to lend to its existing and new SME clients. B2B Payments.

Fintech 100

Fintech Capital Lending Data 100

PYMNTS

NOVEMBER 17, 2019

Hoesley also previously led the midwest region for Silicon Valley Bank, and was a partner at Prism Capital, a middle-market provider of venture capital and mezzanine debt. He was a technology banker with Wells Fargo Securities and RBC Capital Markets before launching CIBC’s Innovation Banking practice. “We

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

JUNE 10, 2019

PingPong and Luxembourg’s relationship goes back to 2017, when the FinTech startup got a payments license in the region, which allowed it to operate between Chinese outfits and customers in Europe. Earlier this year , Luxembourg passed a bill to amend an existing securities law so that it includes blockchain.

blockchain 116

blockchain Security Fintech Regional 116

PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101

Lending New Jersey Online Customer Experience 101

PYMNTS

NOVEMBER 30, 2020

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. In total, about $104.5 million erroneous payment resulting from a BEC scam.

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

JULY 27, 2018

But it wasn’t the only – or even the largest – B2B startup to secure funding. Cross-border B2B payments company Flywire secured $100 million in funding this week, led by Temasek, while existing backers Bain Capital Ventures and F-Prime Capital Partners also participated.

Payments 101

Payments Capital Security Management 101

PYMNTS

AUGUST 14, 2019

For these transactions to run smoothly, however, communication must remain seamless and secure. Companies separated across borders want payments to be delivered on time so they can meet their payment deadlines, access capital and deliver products in a timely fashion. Around the Smarter Payments World.

Fintech 168

Fintech Payments Cards Regional 168

PYMNTS

OCTOBER 6, 2017

The small business loan market is oversaturated, she argued, creating a “FinTech credit bubble” that first showed signs of deflating as investors pulled out of some players like CAN Capital and LendingClub in 2016. The market is ripe for consolidation and beneficial partnerships,” Grealish wrote. Alternative Lending. SalaryFinance.

Lending 152

Lending Capital Marketing Report 152

PYMNTS

JANUARY 30, 2020

And King noted that security losses due to its balance sheet restructuring were $116 million. The firm also has some expenses that King said are not technically seen as related to the merger from an accounting perspective but are incremental operating expenses that do have future benefits that are not a part of the ongoing run rate.

Regulation 141

Regulation Regional Capital Branding 141

PYMNTS

AUGUST 9, 2019

HSBC has added six foreign currencies supported by its commercial card products in Europe in support of corporates operating across borders in the region. This will help clients achieve greater visibility and control over spending and to effectively manage working capital.”. In a press release sent to PYMNTS on Thursday (Aug.

Cards 100

Cards Management Regional Policies 100

PYMNTS

NOVEMBER 18, 2016

Asia outpaced North America in funding volume for the FinTech world, and this week’s B2B venture capital roundup seems to reflect that, with several deals from VCs in the region. Though averaging about $1 million per loan, the company said it has just secured a $10 million line of credit for a borrower, its largest to date.

Fintech 100

Fintech US Capital Community 100

PYMNTS

MAY 1, 2019

For small and medium-sized businesses looking to expand export operations across borders, launching in unfamiliar territory means a sudden lack of business connections, and a lot of confusion about how (and where) to start. For smaller Canadian exporters, securing a contract with a large U.S. “Sometimes, it’s knowledge.”

Regional 138

Regional Atlanta Capital United States 138

PYMNTS

OCTOBER 28, 2019

The move came about a month after Fair, which functions via an app, secured a $500 million revolving credit facility led by Mizuho Bank. Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well known on the capital markets side. His interim replacement will be Kirk Shryoc.

San Francisco 101

San Francisco United States Capital User Experience 101

PYMNTS

DECEMBER 9, 2016

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. The Asia-Pacific region scored again with Tjaara’s funding worth $1.2

Fintech 100

Fintech blockchain Capital Metro 100

PYMNTS

SEPTEMBER 15, 2016

.” According to its announcement, Tipalti will look to position its accounts payable tool across a broader range of corporate clients, including expanding its breadth of company sizes, industries and geographic regions. The investment will also go towards R&D, product development and customer support.

Payments 100

Payments Leadership Fintech Regional 100

PYMNTS

OCTOBER 28, 2019

The move comes about a month after Fair, which functions via an app, secured a $500 million revolving credit facility led by Mizuho Bank. Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well-known on the capital markets side. His interim replacement will be Kirk Shryoc.

San Francisco 100

San Francisco United States Capital User Experience 100

PYMNTS

JANUARY 17, 2018

Trend Lab, a startup developing artificial intelligence (AI) solutions for the FinTech market, has revealed it secured new funding. Trend Lab was established in less than three months by its Founder and CEO Tin Mok, reports said, who wants to enhance FinTech across Hong Kong and the Asia-Pacific region. million from angel investors.

Trends 116

Trends Big Data blockchain Regional 116

PYMNTS

JULY 8, 2016

With nearly $50 million in venture capital funding for B2B startups this week, the field didn’t fare too bad. With $3 million in new venture capital, Australia-based Airwallex is helping businesses pay and issue cross-border invoices in the currency of their choice. Check out our breakdown of all the deals below.

Capital 101

Capital Lending Industry Management 101

PYMNTS

OCTOBER 22, 2018

In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. Tala currently operates in Kenya, Tanzania, the Philippines and Mexico, and has launched a pilot in India. 22) a strategic investment from PayPal.

Lending 193

Lending Company Marketing Regional 193

PYMNTS

JULY 28, 2016

Reuters is reporting that an anonymous source has identified Alibaba, eBay and private equity firm CVC Capital Partners as three of the leading bidders for the rights to Naspers-run Allegro, which boasts the largest online auction share in Eastern Europe. billion could be forged by interested parties.

Regional 100

Regional Online Capital Marketing 100

PYMNTS

SEPTEMBER 22, 2020

Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan. And the United States is filled with other shopping options, particularly in the most desirable regions. “If

Philadelphia 206

Philadelphia Retail DC Detroit 206

PYMNTS

SEPTEMBER 21, 2016

Both Uber and its main competitor in India, Ola, hold more than 70 percent of their revenue from only five cities in the whole country: Bengaluru, Hyderabad, Chennai, Delhi-National Capital Region and Kolkata. Government acceptance is also an issue. In New Delhi, a cab must install a digital meter.

Maine 100

Maine Customer Experience Regional National 100

PYMNTS

OCTOBER 11, 2016

Treasury has reportedly dubbed international payments processor PacNet, which operates Counting House, a “criminal organization,” and reports said the move could cause trouble for FX brokers. ” PacNet has operations in Canada, the U.K. In a press release dated Sept.

United States 100

United States Operations Regional Report 100