Stripe, the outsized fintech out of San Francisco that is valued at $95 billion, is making another acquisition to expand the services it offers alongside its core payments product. The company is acquiring Recko, which has built a platform that lets businesses track and automate payments reconciliation, covering both outgoing and incoming payments and the […]
Indian fintech CRED said on Tuesday it has raised $251 million in a new financing round, its third funding this year, at a valuation of $4.01 billion. Existing investors Tiger Global and Falcon Edge Capital co-led the three year-old Bangalore-based startup’s Series E financing round. Marshall Wace and Steadfast also participated — and so did […]
Apple has removed Quran Majeed, a popular app for reading the Islamic religious text and other prayer-related information, in China, in compliance with Chinese government requests, according to a report by BBC. The move comes as part of a bigger shift in the country to crack down on foreign content, or simply making it harder […]
Last year was a big one for China’s mobile scene as app publishers found new audiences and explored new advertising channels, many of which are here to stay.