Finance
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Amazon, WesternUnion debut PayCode to sell goods in emerging markets and let shoppers pay in cash
While Amazon has been methodical (read: a little slow) in launching local versions of its site for various global markets,…
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PayPal shutters Malaysia office as part of customer service reorg
Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The…
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Step targets teens and parents with a no-fees mobile bank account and Visa card
A new mobile banking startup called Step wants to help bring teenagers and other young adults into the cashless era.…
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FabFitFun raises $80 million for its growing lifestyle brand
Nine years after launching its online magazine, and three years after diversifying into the subscription box business, FabFitFun has raised…
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Blue Prism to issue $130M in stock to raise new funds
Just this morning robotic process automation (RPA) firm, Blue Prism, announced enhancements to its platform. A little later the company,…
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The world’s largest religious gathering is a $150 billion business
India’s Ardh Kumbh Mela, 2019 which kicked off on 15 January is reportedly going to get the Uttar Pradesh…
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Backing Culture Genesis, T.I. launches Tech Cypha, an investment syndicate for tech deals
With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched…
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Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion
Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t…
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VC funding of cybersecurity companies hits record $5.3B in 2018
2018 wasn’t all bad. It turned out to be a record year for venture capital firms investing in cybersecurity companies.…
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Redpoint Ventures is raising another $400M to invest in Chinese companies
Redpoint Ventures is doubling down on China. The firm, headquartered in Menlo Park, has filed documents with the U.S. Securities…
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