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Daily Crunch: Visa makes a $5.3 billion acquisition

Daily Crunch: Visa makes a .3 billion acquisition The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Visa is acquiring Plaid for $5.3 billion, 2x its final […]

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Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field

Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive payments markets. The Noida-headquartered firm, […]

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Fintech’s next decade will look radically different

Fintech’s next decade will look radically different The birth and growth of financial technology developed mostly over the last ten years. So as we look ahead, what does the next decade have in store? I believe we’re starting to see early signs: in the next ten years, fintech will become portable and […]

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PayPal completes GoPay acquisition, allowing the payments platform to enter China

PayPal completes GoPay acquisition, allowing the payments platform to enter China PayPal this morning announced it has completed its acquisition of a 70% equity stake in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.), making PayPal the first foreign payment platform to provide online payment services in China. The transaction was approved by […]

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Why Bill.com didn’t pursue a direct listing

Why Bill.com didn’t pursue a direct listing Bill.com went public today after pricing its shares higher than it initially expected. The B2B payments company sold nearly 10 million shares at $22 apiece, raising around $216 million in its IPO. Public investors felt that the company’s price was a deal, sending the value […]

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Robinhood lets you invest as little as 1 cent in any stock

Robinhood lets you invest as little as 1 cent in any stock One share of Amazon stock costs over $1700, locking out less wealthy investors. So to continue its quest to democratize stock trading, Robinhood is launching fractional share trading this week. This lets you buy 0.000001 shares, rounded to the nearest […]

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Nike is latest retailer to offer 3% cash back to Apple Card users

Nike is latest retailer to offer 3% cash back to Apple Card users Nike is the latest company to offer 3% cash back to Apple Card users, when they make an Apple Pay purchase using the card across Nike’s retail platforms, including its stores, Nike.com, SNKRS, Nike Training Club, Nike Running Club […]

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India’s financial services firm Paytm raises $1B

India’s financial services firm Paytm raises B Paytm said on Monday it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated the local mobile payments market, attempts to fight back giants Google, Walmart’s PhonePe, and Facebook. The company said the new financing round, dubbed Series […]

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India’s Razorpay launches corporate credit cards, current accounts support in major neo banking push

India’s Razorpay launches corporate credit cards, current accounts support in major neo banking push India’s RazorPay, one of the largest payments processing firms in the country, today announced a range of new services aimed at startups, businesses, merchants and freelancers as the Bangalore-based firm expands the reach of its financial platform in […]

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Daily Crunch: PayPal acquires Honey

Daily Crunch: PayPal acquires Honey The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. PayPal to acquire shopping and rewards platform Honey for $4B Currently, Honey’s 17 […]

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