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Deep Dive: How Shift4 Is Building a Global Commerce Platform

Finextra

Company Background and Evolution Shift4’s journey began in 1999, when 16-year-old Jared Isaacman started a tiny payment processing business (then called United Bank Card ) out of his parents’ basement. Shift4 also set its sights on new industry verticals – notably non-profits, gaming, and even space technology.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Date: March 21, 2012. Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: 2012. Bank of America and Countrywide. Zynga and OMGPOP. Price: $210M. a viral gaming hit for iOS and Android.

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Finovate Global Mexico: Banorte’s Digital Bank, Amazon’s BNPL Partnership with Kueski Pay

Finovate

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The Light Account has a monthly cap of 3,000 UDIS (investment units), which equals approximately 24,000 Mexican pesos. The new digital bank also offers financing products for bineo account holders.

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Is Uber The Next Decade’s Trillion-Dollar Platform?

PYMNTS

Lyft’s market cap was a bit lighter by the end of the day Friday, too: $17 billion versus the $23 billion it enjoyed, albeit briefly, on its first day as a public company. In 2012, Uber launched Uber Eats, a way for drivers to get more paid gigs by delivering food. By close of business on Friday, Lyft’s stock was trading at $59.90

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Top 7 bitcoin payment gateways for merchants

Ikajo

Statista shares that bitcoin’s market capitalization formed 53% of the total cryptocurrencies’ market cap in 2019. NOWPayments This non-custodial crypto payment gateway supports 140+ cryptocurrencies. Bitpay settles payments via FPS, SEPA, ACH, and other bank transfer types. Top 7 bitcoin payment gateways in 2022 1.

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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. said U.S. “As Attorney Alex Tse. “We The Response.

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Apple’s Long Strange Trip to A $2T Valuation

PYMNTS

And its market cap will hit $2 trillion if the stock rises about another 5 percent to $467.77 However, Deutsche Bank analyst Jeriel Ong has doubts about the sustainability of Apple’s recent meteoric rise. Apple stock is trading at about $446 as of Tuesday (Aug. 11), giving the company a roughly $1.91 Services made up only 6.5