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Ahold Delhaize Bolsters Investment In eCommerce

PYMNTS

As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The executive also noted, “My role as CFO is to make sure that we are rethinking capital allocation for omnichannel [capabilities].”.

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Israel Approves New Digital Bank

PYMNTS

The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades.

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Israeli Cybersecurity Firm Lands $30M To Expand Into Vehicle Protection

PYMNTS

Israel’s Upstream Security has notched $30 million in a Series B funding round led by Renault Venture Capital, Upstream announced in a press release on Monday (Oct. The funding included Volvo Group Venture Capital, Hyundai, Hyundai AutoEver, Nationwide Ventures as well as others.

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Adyen Shares Start Trading At 67 Percent Above IPO Pricing

PYMNTS

billion) for its investors in the biggest technology IPO in Europe so far this year. The company won’t receive any proceeds from the IPO, which implies a market capitalization of €7.1 ABN Amro Bank NV , BofA Merrill Lynch and Citigroup were appointed as joint bookrunners. Share were selling at more than €500 ($589).

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Wall Street Investors Place Their Bets On Millennials

PYMNTS

billion Long Pond Capital hedge fund, pitched U.S. Alexander Captain of Cat Rock Capital Management introduced Netherlands-based Takeaway.com NV. And Half Sky Capital’s Li Ran offered GrubHub , which she noted averages $30 per order and earns 15 percent on each order. homebuilder D.R. In fact, D.R.

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Samsung Snags Auto Parts Supplier Harman For $8B

PYMNTS

The big buy of the Connecticut-based firm instantly vaults Samsung into the world of automotive technology in a big way. and Fiat Chrysler Automobiles NV and is currently working off an order backlog of $24 billion. Harman will remain an independent subsidiary of the technology giant. for $8 billion in cash. s air-bag recalls.

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How Did Q1 2016 Go for FinTech Around the World?

Let's Talk Payments

The LTP team has been actively following the investment activities in FinTech around the world for the last three months (January, February & March) and it’s time to sum up.

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