Bilt Rewards, which enables users paying rent the ability to accrue points to be redeemed on rewards, generated $60 million in a recent funding round, pushing its value to $350 million, according to a Tuesday (Sept. 21) report from Bloomberg. Top contributors included Mastercard Inc....
Indian pre-owned car marketplace CARS24 raised $450 million in a Series F funding round led by Softbank Vision Fund 2, DST Global, and Falcon Edge, giving the online platform an estimated valuation of $1.84 billion, almost double its previous value. Tencent and existing investors Moore...
American hospitals want more time to use emergency COVID-19 funding and are asking the Biden administration to extend a June 30 spending deadline. As The Wall Street Journal reported on Friday (May 21), there is still more than $30 billion in unspent cash from the...
Singapore technology platform Grab is rolling out the GrabForGood Fund to assist its Southeast Asian drivers, merchants, and delivery partners in elevating the overall quality of life in their communities. Grab Group CEO and Co-Founder Anthony Tan said in a Thursday (April 8) press release...
July 22, 2020
Though speed was certainly a priority earlier this year when the U.S. federal government disbursed billions of dollars in relief funds to more than 127 million Americans (and counting), mishaps and delays raised some eyebrows and had many in the financial services community wondering: What went wrong? The government’s experience in disbursing stimulus funds via […]
May 21, 2020
The tipping point might be nigh for digital dollars and other central bank-issued currencies done through bits and bytes. As politicians across the globe grapple with the pandemic’s continued economic...
April 28, 2020
Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $ 2 trillion CARES Act that...
October 30, 2019
As of late 2019, there are few people left who need to be talked into the “why” of instant payments — that case has already been well made. Ingo Money...
September 21, 2021
Bilt Rewards, which enables users paying rent the ability to accrue points to be redeemed on rewards, generated $60 million in a recent funding round, pushing its value to $350 million, according to a Tuesday (Sept. 21) report from Bloomberg. Top contributors included Mastercard Inc. and Wells Fargo & Co., with participation from SL Green […]
September 20, 2021
Indian pre-owned car marketplace CARS24 raised $450 million in a Series F funding round led by Softbank Vision Fund 2, DST Global, and Falcon Edge, giving the online platform an...
May 21, 2021
American hospitals want more time to use emergency COVID-19 funding and are asking the Biden administration to extend a June 30 spending deadline. As The Wall Street Journal reported on...
April 08, 2021
Singapore technology platform Grab is rolling out the GrabForGood Fund to assist its Southeast Asian drivers, merchants, and delivery partners in elevating the overall quality of life in their communities. ...
