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JANUARY 17, 2021

Blockchain-based global payments provider Ripple announced it has entered into an arrangement under which Malaysian mobile wallet provider Mobile Money, and bKash , a provider of mobile financial services to more than 45 million people in Bangladesh, will conduct transactions through the RippleNet network. “bKash and MobileMoney will gain access to a wide range of RippleNet’s features, including wallet-to-wallet transactions,” Ripple wrote in a news release announcing the deal.

Legal 143

Legal 143

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JANUARY 17, 2021

The Federal Aviation Administration is letting commercial drone-maker American Robotics operate drones without on-site pilots — but with a number of caveats, according to a decision recently posted on the agency’s website. The decision is the first government approval for drone flights without on-site pilots, the Marlborough, Mass.-based company stated in a news release.

Agriculture 96

Agriculture Technology Legal Gaming 96

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JANUARY 17, 2021

Figure Technologies , which works in blockchain-based finance tech transformations, has worked with J.P. Morgan and closed a $100 million financing facility to help with conforming and jumbo mortgages, according to a press release. This will mark Figure’s fifth online financing facility, in which the company has closed almost $1.5 billion, in partnership with numerous banks and facilities, including Jefferies.

Finance 79

Finance accounting and finance Technology Start-ups 79

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JANUARY 17, 2021

Malaysian eCommerce logistics firm Everpeaks has launched a logistics platform called Fulfilment [sic] by Everpeaks that the company said will reduce costs for manufacturer-to-consumer shipping as well as bulk B2B transactions in part by operating from a free trade zone, according to a press release. Everpeaks, which was founded in 2016, stated in the release that the new offering’s value proposition comes from “eliminating multiple layers of traditional retail operations and market barriers.

B2C 78

B2C B2B Manufacturing Retail 78

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JANUARY 17, 2021

Bookkeeper360 , a FinTech working with accounting solutions, has raised $1 million in seed funding, according to a press release. The round comes with a new confidence in small- to medium-sized business (SMB) FinTech solutions, as Bookkeeper360’s total capital funding hits $2.1 million since its launch, the release stated. With the new funding, the company plans to keep growing and developing products with its existing Business Intelligence Software , which uses real-time finance data to help ma

bookkeeping software 75

bookkeeping software bookkeeping accounting and finance B2B 75

PYMNTS

JANUARY 17, 2021

Everlywell , an Austin, Texas-based producer of home tests for COVID-19 and other diseases and health conditions, has raised $75 million on top of a recent $175 million Series D round, according to published reports. The latest funding comes from HealthQuest Capital , a Belmont, California-based investment fund that focuses on companies in their early stages of growth.

Healthcare 75

Healthcare Texas California Account 75

PYMNTS

JANUARY 17, 2021

UBS Group might be investing $400 million in India’s Paytm , which is owned by Ant Group , according to a report from Tech in Asia. Paytm is the most valuable Asian startup, and UBS Group is taking a chance on the burgeoning digital payments market, the report stated. UBS Group, according to the report, is currently talking with clients as it works out how to purchase Paytm stock from a group of the company’s staff.

Start-ups 70

Start-ups Account accountant accounted 70

PYMNTS

JANUARY 17, 2021

President-elect Joe Biden is looking at two ex-President Barack Obama officials to run the top antitrust job at the U.S. Department of Justice (DOJ), Reuters reported. One pick might be Renata Hesse , who has served numerous stints at the DOJ since 2002 and was acting attorney general from mid-2016 through January 2017, according to Reuters. Hesse has also held roles in the private sector, and she has acted as an adviser in various matters with Apple , Google and others, including on Amazon 's r

New York 67

New York Finance B2B 67

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JANUARY 17, 2021

The term “peloton” adopted by the maker of the wildly popular $1,900 exercise bike comes from the world of bicycle road racing — it refers to the cluster of riders who pack tightly together to draft off each other and hide from crosswinds like migrating geese — but the New York Times reports a number of customers feel like the company is so bad at making good on delivery promises that they feel like hapless stragglers.

Manufacturing 67

Manufacturing New York Finance Retail 67

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JANUARY 17, 2021

Cardano founder Charles Hoskinson says there could be a surge in DeFi usage in Africa, a report from CoinTelgraph says. Hoskinson said he thought around 100 million users would join the Decentralized Finance sector within the next three years. “Who's actually going to do peer-to-peer loans? Who's actually going to do peer-to-peer insurance? Who's actually gonna do peer-to-peer payments?

New York 61

New York Government Finance 61

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JANUARY 17, 2021

Cloud-based accounting software solution provider AlignBooks will be working with ICICI Bank , a private-sector bank, to deliver a new, simple digital banking experience for small- to medium-sized businesses (SMBs), CRN India reported. ICICI’s current account holders will be able to use the partnership to securely connect their software to their bank accounts.

Technology 61

Technology accounting software Account accountant 61

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JANUARY 17, 2021

It was supposed to be a compelling option for consumers in the connected economy, but the subscription model for automobiles is hitting some speed bumps as BMW and Audi are pulling back on their programs. BMW announced last week that it is pulling the plug on its “Access” vehicle subscription service less than three years after launching the single-city pilot program in Nashville, Tennessee, in 2018.

Tennessee 81

Tennessee Manufacturing Finance Sales 81