Expansion

The action of becoming larger or more extensive. Expansion is the phase of the business cycle where real GDP grows for two or more consecutive quarters, moving from a trough to a peak.

(source: investopedia.com)

KeyMe Raises $50M In Growth Funding For Key Duplication Kiosks
KeyMe Raises $50M In Growth Funding For Key Duplication Kiosks
April 10, 2019  |  Investments

KeyMe, the robotics and artificial intelligence (AI) company catering to the locksmith industry, announced on Wednesday (April 10) that it raised $50 million in growth...

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Grab Gearing Up To Raise $2B More This Year
Grab Gearing Up To Raise $2B More This Year
April 08, 2019  |  Investments

Grab, the Southeast Asia ride-hailing company, is gearing up to raise an additional $2 billion in funding during 2019 to bankroll its expansion. Reuters, citing...

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Tandem Launches Fundraising For Expansion Plans
Tandem Launches Fundraising For Expansion Plans
April 05, 2019  |  Investments

Startup bank Tandem is trying to secure a new investment to help its plans for overseas expansion. Citing sources close to the bank, Financial Times...

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Banking App N26 Eyes US Expansion
Banking App N26 Eyes US Expansion
April 01, 2019  |  Banking

German-based banking app N26, geared toward younger customers and backed by notable billionaires like Peter Thiel and Li Ka-shing, wants to expand beyond Europe while...

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Chinese P2P Lender Blames Gov’t For Growth Decline
Chinese P2P Lender Blames Gov’t For Growth Decline
March 19, 2019  |  Loans

Shanghai-based Dianrong, one of China’s largest peer-to-peer (P2P) lenders, is blaming the government for its recent problems, which includes shutting down 60 of its 90...

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China’s PINTEC Acquires Bank SaaS Firm InfraRisk
China’s PINTEC Acquires Bank SaaS Firm InfraRisk
March 12, 2019  |  B2B Payments

China-based financial services technology firm PINTEC Technology has announced its acquisition of Australia-based InfraRisk. PINTEC said in a press release on Monday (March 11) that it...

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DoorDash Raises $400M, Hits $7.1B Valuation
DoorDash Raises $400M, Hits $7.1B Valuation
February 22, 2019  |  Investments

In a new funding round led by Dragoneer Investment Group and Temasek Holdings, DoorDash notched a $400 million investment at a valuation of $7.1 billion....

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Beehive Launches Supply Chain Finance In Asia
Beehive Launches Supply Chain Finance In Asia
February 11, 2019  |  B2B Payments

Business financing platform Beehive is expanding across Asia through a new banking partnership. The company announced on Saturday (Feb. 9) that it has struck a partnership...

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SWIFT Adds BELLIN To gpi For Corporates Initiative
SWIFT Adds BELLIN To gpi For Corporates Initiative
January 24, 2019  |  B2B Payments

Payments messaging company SWIFT is expanding its gpi for Corporates (g4C) initiative, adding treasury management technology company BELLIN to its roster of early adopters of...

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