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We Company reportedly mulls slashing its valuation ahead of its initial public offering

We Company reportedly mulls slashing its valuation ahead of its initial public offering The Wall Street Journal is reporting that the company formerly known as WeWork is considering slashing its valuation as it looks to woo public market investors. The company is reportedly considering a valuation of somewhere in the $20 billion range […]

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Why Walmart’s Flipkart is betting heavily on Hindi

Why Walmart’s Flipkart is betting heavily on Hindi Flipkart, the largest e-commerce platform in India, said Tuesday it has concluded the roll-out of a range of features to its shopping app in what is its biggest update in recent years. Chief among these new features is access to Flipkart in Hindi language. […]

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Klarna raises $460 million, looks to expand its payments presence in the U.S.

Klarna raises 0 million, looks to expand its payments presence in the U.S. Swedish payments provider Klarna has announced a new round of equity funding, adding $60 million at a post-money valuation of $5.5 billion, which makes it one of the most highly-valued private fintech companies in the world. The new funding […]

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Apple rolls out Apple Card Preview to select users

Apple rolls out Apple Card Preview to select users Apple Card is getting its first group of public test users today. A limited amount of customers that signed up to be notified about the release of Apple Card are getting the ability to apply for the card in their Wallet app today […]

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Visa pitches a program offering fintechs faster market access through an ecosystem of partners

Visa pitches a program offering fintechs faster market access through an ecosystem of partners Visa is pitching a new way for startups in the fintech space to get to market faster by using its rails and a group of pre-approved partners. The Fast Track program, a variant of an investment commitment and […]

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China’s Alipay adds sought-after beauty filters to face-scan payments

China’s Alipay adds sought-after beauty filters to face-scan payments In China, striving for accuracy in a piece of facial recognition software isn’t enough. As Alibaba’s e-wallet affiliate Alipay has recently demonstrated, the way software presents a user’s look is also crucial to its success. On Tuesday, Alipay announced on social media platform […]

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TransferWise’s new debit card for the US fires the starting gun on a new war for travelers

TransferWise’s new debit card for the US fires the starting gun on a new war for travelers International money transfer service TransferWise, has made a significant incursion into the US market today, launching a MasterCard debit card alongside a multicurrency account. Mirroring the card it has already launched in the UK and […]

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Razer goes big on payments with Visa prepaid card

Razer goes big on payments with Visa prepaid card The latest pairing between a tech upstart and a financial titan is a digital prepaid card targeted at Southeast Asia’s 430 million-plus unbanked and underserved population. On Monday, Razer, the Singapore-based company best known for its gaming laptops and peripherals, announced a partnership […]

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Millions of Venmo transactions scraped in warning over privacy settings

Millions of Venmo transactions scraped in warning over privacy settings A computer science student has scraped seven million Venmo transactions to prove that users’ public activity can still be easily obtained, a year after a privacy researcher downloaded hundreds of millions of Venmo transactions in a similar feat. Dan Salmon said he […]

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A young entrepreneur is building the Amazon of Bangladesh

A young entrepreneur is building the Amazon of Bangladesh At just 26, Waiz Rahim is supposed to be involved in the family business, having returned home in 2016 with an engineering degree from the University of Southern California. Instead, the young entrepreneur is plotting to build the Amazon of Bangladesh. Deligram, Rahim’s […]

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