Business
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Mattress startup Casper said to be valued at $1.1B with new funding
Direct-to-consumer mattress business Casper has secured a $100 million Series D investment from existing investors Target, NEA and Norwest Venture…
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Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B
Australia-based Airwallex is the latest tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has…
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Venmo launches a ‘limited edition’ rainbow debit card for its payment app users
Hoping to entice more users to attach the Venmo Mastercard to their account, Venmo this morning announced it’s launching a…
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China wants its rural villages to go cashless by 2020
Residents of even the tiniest far-flung villages in China may soon be able to pay on their phones to run…
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Visa and Mastercard could raise interchange fees
According to a report from the WSJ, Visa and Mastercard are considering raising interchange fees on card transactions in the…
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Amazon, WesternUnion debut PayCode to sell goods in emerging markets and let shoppers pay in cash
While Amazon has been methodical (read: a little slow) in launching local versions of its site for various global markets,…
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PayPal shutters Malaysia office as part of customer service reorg
Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The…
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Step targets teens and parents with a no-fees mobile bank account and Visa card
A new mobile banking startup called Step wants to help bring teenagers and other young adults into the cashless era.…
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