Japanese company SoftBank has stated that it is likely to register its first operating loss in 15 years owing to the dwindling value of its tech investments. SoftBank is expecting operating loss of $12.5 bn (1.35 trill
Category - Finance News
Crypto.com, an innovative cryptocurrency and payments platform, has recently announced the integration of Crypto.com Pay, a Crypto.com Chain powered cryptocurrency payment solution, to the Ledger online store.
American Family Insurance and Allstate, two prominent auto insurance companies, have recently announced their intention to refund nearly $800 million in premiums. This decision has been taken owing to the rising stay-a
The HIS Markit/Cips purchasing manager’s index (PMI) in the U.K. reportedly plunged to 47.8 in March 2020, a three month low. A growing COVID-19 pandemic has had a massive impact on the manufacturing sector in th
Crédito Agrícola, a financial group covering multiple local banks, and Ebury, a provider of financial service in the UK have recently inked an agreement for a partnership that shall help the corporate clients of the bank to execute c
FinTech leader set to acquire a software vendor Bypass Mobile to aid next-gen commerce capabilities and provide seamless customer experience.
The Company is expected to repurchase nearly USD 20,000,000 of Class A common stock under the repurchase program over the one year period.
In a foreword to a Bank of England discussion paper, Governor Mark Carney claimed that while central bank digital currency brings in various opportunities, it may also pose considerable difficulties in maintaining mone
Leading SaaS logistics technology provider GetSwift Limited has reportedly inked a put option agreement with US-based alternative investment firm LDA Capital LLC. Under the terms of the agreement, LDA Capital will prov
InterPrivate LLC, a private investment firm that works to invest on behalf of family offices, has apparently declared that it has taken over a leading payments technology platform, SurchX. It has been reported that the