Traders on the floor of the New York Stock Exchange, Aug. 17, 2021. Andrew Kelly |…
Category: Finance
Financial Health, Fintech, Investment, Payments
Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others
Over 70% of Egypt’s young and fast-growing population of over 100 million is financially underserved despite…
JPMorgan is buying a majority stake in Volkswagen’s payments unit
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown,…
PayPal acquires Japan’s Paidy for $2.7B to crack the buy-now, pay-later market in Asia
PayPal Holdings, the U.S. fintech company, announced an acquisition of Paidy, a Japanese buy now, pay…
Stock futures fall after Dow’s 260-point loss
Traders on the floor of the New York Stock Exchange, Aug. 17, 2021. Andrew Kelly |…
Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services
In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding…
China’s central bank keeps the brakes on economic stimulus
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in…
Stock futures are little changed after Dow’s 260-point loss
Traders on the floor of the New York Stock Exchange, Aug. 17, 2021. Andrew Kelly |…
Stock futures are flat in overnight trading after Dow’s 260-point loss
Traders on the floor of the New York Stock Exchange, Aug. 17, 2021. Andrew Kelly |…
Indonesia-focused Intudo Ventures closes $115M third fund
Intudo Ventures, the “Indonesia-only” investment firm, announced today it has closed its third fund, totaling $115…
E-commerce aggregator Rainforest raises $20M just months after its last funding
Four months after its last funding announcement, Singapore-based e-commerce aggregator Rainforest has closed a $20 million…
September may have a bad reputation for stocks, but one top strategist just hiked his S&P 500 year-end target anyway
September may historically be a rough month for stocks, but it didn’t stop National Securities’ Art…
UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance
Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the…
Insurance start-up Marshmallow becomes Britain’s first Black-owned unicorn
Marshmallow co-founders Alexander and Oliver Kent-Braham. Marshmallow LONDON — Billion-dollar start-ups are hardly a rarity anymore,…
Stock futures are flat in overnight trading after Dow’s 260-point loss
Traders on the floor of the New York Stock Exchange, Aug. 17, 2021. Andrew Kelly |…
Meet retail’s new sustainability strategy: Personalization
Sindhya Valloppillil Contributor Sindhya Valloppillil is the founder and CEO of Skin Dossier, a venture partner…
Aerospace primes Northrop, Lockheed join in Orbit Fab’s over $10M funding round
San Francisco-based startup Orbit Fab wants to be the go-to source for orbital refueling, and now…
IRS had a backlog of nearly 8 million paper business tax returns in 2020 due to pandemic
Zach Gibson | Getty Images News | Getty Images The Covid-19 pandemic caused a backlog of…
AI as a service to solve your business problems? Guess again
Ralf Haller Contributor Ralf Haller is the executive vice president of sales and marketing at NNAISENSE.…
Dow drops 260 points as investors grow concerned about delta variant’s impact on economic recovery
The Dow Jones Industrial Average fell on Tuesday amid lingering concerns about the delta variant’s impact…