Business-to-business payments platform Nium announced Monday that it raised more than $200 million in Series D funding and saw its valuation rise above $1 billion.The company, now Singapore-based but
Cora, a São Paulo-based technology-enabled lender to small-and-medium-sized businesses, has raised $26.7 million in a Series A round led by Silicon Valley VC firm Ribbit Capital.Kaszek Ventures, QED I
Finch Capital, the early-stage fintech VC with a presence in London and Amsterdam, is acquiring Wirecard Turkey, a subsidiary of Wirecard, the disgraced fintech out of Germany. The acquisition, for wh
"We have looked closely at how we are organized and we feel that, in many places, we have too many layers in the company."That was how the CEO of oil and gas giant Royal Dutch Shell, Ben van Beurden,
While Checkout.com has kept a low profile for many years, the company raised $380 million within a year and reached an impressive valuation of $5.5 billion. It wants to build a one-stop shop for all
The Justice Department reveals a thwarted malware attack on Tesla, Facebook tests linking your news subscriptions to your social network account and Xiaomi has plans for under-screen cameras. This is
Looks like another chapter is opening up for Wirecard, the disgraced fintech out of Germany that collapsed into insolvency earlier this year after facing a huge accounting scandal and subsequently fai
A "one off" is how Disney's new CEO Bob Chapek has described the decision to release its blockbuster Mulan directly on its streaming platform, skipping the big screen.Cinemas, which have been hit har
VCG Photo Singapore authorities launched an investigation into Citadelle Corporate Services, Senjo Group and its subsidiaries after scrutinizing collapsed German payments firm Wirecard's local
The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions, is seen in Aschheim near Munich, Germany, April 25, 2019. /R
Despite the Wirecard fallout, German fintech startup solarisBank has raised a Series C funding round of $67.5 million (€60 million). Following today’s funding round, solarisBank is now valued at $360
It was one of the fastest growing startups in modern history and one of the most anticipated IPOs of 2019. But now, following the company’s disclosure of a potential fraud of hundreds of millions of d
German payment provider Wirecard collapsed on Thursday owing creditors almost four billion U.S. dollars after disclosing a gaping hole in its books that its auditor EY said was the result of a sop
The company has become the first member of Germany's prestigious DAX stock index to go bust - owing billions to creditors.
The house of cards has well and truly collapsed for Wirecard, the German payments company that has been accused of accounting fraud. Today it announced that its German operation Wirecard AG was applyi
SoftBank Group Corp unveiled a series of transactions on Monday to divest more than 21 billion U.S. dollars worth of stock in U.S. wireless carrier T-Mobile U.S. Inc, as it seeks funding for a 41
We round up Apple’s news from its big WWDC keynote, Wirecard’s CEO is arrested and Facebook acquires another VR studio.Here’s your Daily Crunch for June 23, 2020.1. Here’s everythin
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