Business
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PayPal to enter China through GoPay acquisition
The People’s Bank of China has approved PayPal’s acquisition of a 70% equity state in GoPay (Guofubao Information Technology Co.…
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Mercury banks $20M for its banking service aimed at startups
Online-only banks have become a viable option for many people who would have traditionally used a brick-and-mortar bank but are…
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Paro raises $10 million series B to offer corporate finance expertise on demand
As any CFO can attest, corporate finance is extraordinarily complicated. From tax preparation, to financial controls, to cash flow estimation…
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Fractional home ownership startup Divvy raises $43m series B to build a path from rent to purchase
There is no more important savings asset for most American families than owning a home, but the dream of ownership…
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Kreditech, the AI-based near-prime loans platform, nabs $22M under new CEO to expand globally
Cash advances (or simply, loans) continue to be a lucrative area for startups to tackle. By leveraging new AI-based tools…
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Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments
Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments,…
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Groww, an investment app for millennials in India, raises $21.4M
Of the 1.3 billion people who live in India, more than 100 million of whom are using digital payment apps…
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Google chases businesses to maintain its payments lead in India
Google said today it is bringing its mobile payments app — Google Pay — to businesses in India and introducing…
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Walmart launches two new credit cards offering 5% back on digital purchases
Walmart is partnering with Capital One to launch a new credit card program, which rolls on September 24, and includes…
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