Pine Labs plans to raise up to $700 million via IPO in October, scaling down from $1 billion earlier. Backed by Mastercard and PayPal, the ...

The initial share sale will consist of a fresh issue of Rs 2,600 crore and an OFS of up to 147.8 million shares. The funds raised will be u...

Elon Musk's musings indicate that he wants Twitter to be more like Tencent Holdings Ltd.’s WeChat, a messaging service turned super-app use...

Elon Musk's plan to turn Twitter into a one-stop shop for financial services is not the first time a tech giant has attempted to enter the ...

PayPal posted a lower adjusted profit of $1.08 per share for July-September. Analysts had expected a profit of 96 cents a share. The compan...

Pine Labs, which is likely to list on the US exchanges in mid 2022, may look to seek a valuation of $6-7 billion from its $500-million IPO.

Cryptocurrency assets such as Bitcoin and Ethereum are now worth more than $2 trillion within just 12 years of their birth.

After bitcoin surpassed $1,000 for the first time in 2013, it has increasingly attracted the attention of financial institutions.

“I don’t think Bitcoin is going to be used as a transactional currency anytime in the next five years,” Novogratz, founder and chief execut...

Pine Labs will work with Mastercard to deliver a range of card and real-time payments.

Pine Labs reported total revenue of Rs 503.2 crore in FY19, up from Rs 336.1 crore in the previous fiscal. Losses widened to Rs 13.7 crore ...

PayPal currently has an employee base of about 3,500 employees in all the three tech centres in India.

Data localisation will make it easier to track online transactions, so enforcement agencies are backing it.

CEO Harshil Mathur said Razorpay is focused on domestic players and will use the funding to scale up recently launched services for busines...

Razorpay had earlier raised $11.5 million, including a strategic investment by MasterCard in 2016.

Sources said Razorpay is likely to raise around Rs 120 crore, mostly from internal investors, as it readies to take on the likes of Stripe ...

The firm has also inducted Shailesh Mehta as Operating Partner. Mehta serves on several boards of companies including Safari Industries and...