Carlyle to Invest Up to a 10% Stake in YES BANK
Carlyle (NASDAQ: CG), a global investment firm, announced it will buy up to a 10% share in Yes Bank, one of the largest and fastest-growing full-service
August 2, 2022
Senators Put Mastercard/Visa Oligopoly on Notice
In a major headline this week, the Wall Street Journal provided the payments and financial technology sectors a heaping portion of Dodd-Frank redux, with a
July 31, 2022
Shopify Cuts 10% of Staff As CEO Tobias Lutke Apologizes For Big Bets On E-commerce, Admits He ‘got this wrong’
Shopify, the high profile, pandemic-accelerated platform for online commerce, has cut 10% of its workforce in order to deal with the difficulties brought on by
July 28, 2022
Plaid Jumps to Ludicrous Speed With New Variable Recurring Payments Product
Plaid, a London-based open banking platform and data aggregator, has launched a variable recurring payments product. Currently, Plaid has a system in place for periodic,
July 28, 2022
Paragon Wants to be the Plaid of SaaS Apps
Paragon, a software platform that integrates several SaaS programs for business clients, has acquired $13 million in a Series A funding round. The round was
July 28, 2022
Monite and Codat Partner to Allow Apps to Embed Invoicing and Bill Payments
Monite, an embedded finance startup, recently partnered with Codat, the universal API for small business data, to make it faster and easier to incorporate accounts
July 28, 2022
Cathie Wood’s ARK Invest Dumps 1.4 Million Coinbase Shares Amid SEC Probe
Cathie Wood, Founder and CEO of ARK Invest, is backing out of Coinbase after building up a substantial position in the cryptocurrency exchange since its
July 28, 2022
Equifax Announces Definitive Agreement to Acquire Midigator
Equifax, a consumer credit reporting agency, is expanding its global reach in the field of digital identity and fraud/risk management with a binding agreement to
July 28, 2022
Elliott Builds PayPal Stake Seeking to Speed Cost Cuts
Elliott Management, an investment management firm, is building a meaningful stake in PayPal Holdings, Inc. the fintech payment giant that has been firing staff and
July 28, 2022