Remove 2012 Remove Capital Remove Technology
article thumbnail

London FinTech SumUp Gets Digital Money License From Irish Central Bank

PYMNTS

SumUp has been active in Ireland since 2012 and has introduced electronic payments to thousands of businesses. Over 3 million merchants use its technology and more than 7,000 firms join the platform daily, according to the statement. . Featuring next-day payouts, users can monitor all purchases and balances through the SumUp App. .

Fintech 245
article thumbnail

Ex-Amazon Security Chief Joins Capital One Board

PYMNTS

In a nod to just how important cybersecurity is becoming to larger firms within the financial space, Capital One said on Monday (Feb. Brought on board, in this case, is literal, as Capital One has created a new seat on its board of directors dedicated to cybersecurity.

Capital 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Grab May See $1B Investment From SoftBank Vision Fund

PYMNTS

As it stands, Grab , which launched in 2012, has operations in areas like Thailand, Vietnam and Malaysia. As it tries to become the region’s “super app,” the company reportedly plans to invest in efforts like mobile payments, health technology and food delivery.

Capital 184
article thumbnail

Israeli Tech Startups Closed $8.3B Investment Deals In 2019

PYMNTS

Israel’s technology sector had a banner year in 2019, raising $8.3 2019 marked a record year, capping a decade of successive increases in capital invested in the Israeli high-tech industry,” said Shmulik Zysman, ZAG founding partner. This growth is partly due to the growing foreign capital invested in the Israeli high-tech industry.”.

Capital 160
article thumbnail

Intel Eyes Purchase Of Traffic Data Firm Moovit For $1B

PYMNTS

American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. Founded in 2012, Moovit — based in the Israel town of Ness Ziona — has raised $133 million led by BRM Capital, Hanako, BMW iVentures, Sequoia Capital Israel and Vintage Investments Capital.

Data 188
article thumbnail

AdoreMe: Giving Lingerie A High Tech Touch

PYMNTS

Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. We’re focused on capital efficiency,” he noted. “We Adore Me is ranked No.

UX 210
article thumbnail

TransferGo Receives $17.6M In Series B Funding

PYMNTS

The London-based company, which was founded in 2012, is available in 47 countries and has offices in Warsaw, London, Berlin, Istanbul and Vilnius. Other contributors included Revo Capital, U-Start Club and Practica Capital. TransferGo , an up-and-coming international money transfer company, has raised more than $17.6

Capital 175