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Crypto giant Binance invests a whopping $200 million in Forbes
Popular cryptocurrency exchange Binance has invested a huge sum of money, about $200 million, into Forbes – the world-renowned business media brand. The interesting part is that Binance had sued Forbes in 2020 for defamation. The big investment from Binance comes as Forbes gets ready...
Filipino neobank Tonik closes $131 million Series B funding deal
Philippines-based neobank Tonik has bagged a $131 million Series B deal which was led by Mizuho Bank. The digital neobank has raised funds majorly for expanding its service across Asia. Tonik Financial Pte Ltd commonly referred to as Tonik, the parent company of Tonik...
Top 3 Play-to-Earn Crypto Games Dominating 2022
Can you imagine a world in which you are being rewarded with Bitcoins to play video games? Sounds exceptionally bizarre and unbelievable right? Well, times have changed and we are slowly and steadily heading toward a new era of the web. While we all know...
Ebanx appoints ex-Google, ex-Facebook exec Bellizia as President, Global Payments
Latin American payments fintech company Ebanx has announced the appointment of former Microsoft and Google exec ‘Paula Bellizia’ as the company’s President of Global Payments. The cross-border payments company announced the appointment of Bellizia in a press release saying that she would be leading the...
Play-to-Earn Games: Understanding P2E Mechanics and Market Dynamics
Introduction The global gaming market is predicted to reach approximately $268 billion by the year 2025. No doubt, the gaming industry has grown and evolved like no other. Gaming enthusiasts have seen video games being played on palm-sized devices to computers and tabs to wireless...
Chargebee raises $250M to meet the growing demand from subscription businesses
Introduction A pioneering subscription management platform, Chargebee’s announced that it has closed major funding of $250 million. The latest funding found was led by Sequoia Capital and Tiger Global. The round also included participation from previous investors, including Insight Partners and Steadview Capital. Chargebee’s last...
PayPal shuts 4.5 million fake accounts, shares plunge 25%
While talking about its Quarter 4 earnings, PayPal’s Chief Finance Officer, John Rainey revealed that about 4.5 million accounts had been closed down after ‘bad actors’ took advantage of rewards and incentives programmes. This resulted in PayPal’s shares falling down by a whopping 25%. On...
How data analytics can help businesses in decision making
While it is encouraged to listen to your gut and follow your intuition when making life choices, when it comes to business decisions, trusting your gut can prove to be an expensive mistake. To keep the business up and running, managers and leaders need to...
BNPL giant Klarna launches its physical card in the United Kingdom
Buy Now Pay Later titan Klarna has announced that it will be launching an all-new physical card in the United Kingdom that allows users to, quite literally, show now and pay later at physical and online stores. The Swedish financial technology company is said that...
