July 7th, 2018This week was quite eventful in terms of business and startup activities. Many companies came up with a number of business strategies and plans.
The most trending topic that buzzed the readers this week was about the Reliance Industries, that became India’s largest tax-paying private company. Apart from this, there were many other...
July 2nd, 2018The American online payment company Paypal is considering India as a market for increasing growth and therefore, is planning to appoint over 600 techies by the end of this year that is by December, in the machine learning (ML) and artificial intelligence (AI) sector.
Paypal is one of the largest online payment services till date that...
June 22nd, 2018The online payment service PayPal announced on Thursday that it is in the advanced stage of acquiring Simility which is a leading fraud prevention and risk management platform. The acquisition has been adjudicated at an amount of $120 million in cash.
Bill Ready, the chief operating officer of PayPal stated that Simility will assist...
May 18th, 2018Paypal, the leading online payments system is ready to make its biggest gamble on point-of-sale transactions, small businesses and markets out of America, as the competition between Square, Stripe and others in the world of payments. Indeed, the online payment giant is set to acquire iZettle – a Sweden-based payments provider that...
March 29th, 2018BillDesk, a payments gateway is looking to sell its company as the company’s private equity investors want to leave the company due to an overall growing interest of investing in payments market, according to reports. Those investors include private equity companies TA Associates and General Atlantic and venture capital firm...
November 9th, 2017Payment processor PayPal Holdings Inc on Wednesday launched domestic operations in India, a market already dominated by China’s Alibaba-backed PayTM, the country’s leading digital payments firm.
PayPal’s entry in the Indian market comes as a push for cashless transactions by the Narendra Modi-led government is seeing more people...
April 25th, 2017As per the report, India's two leading e-wallet company MobiKwik & Freecharge looking to merge in an all-stock deal. According to speculation, behind this deal a chinese investor who is willing to pump Rs USD 200 million into this deal.
The talks between Freecharge and MobiKwik are on their initial stages. Sequoia Capital is the...
