Amazon Bank Account Threatens Incumbents
Amazon is looking for a banking partner to allow purchases on its eCommerce platform without paying credit card companies their cut.
Amazon is looking for a banking partner to allow purchases on its eCommerce platform without paying credit card companies their cut.
Softbank will lead a $120 million Series C in Lemonade, the AI-enabled homeowners and renters insurance startup. The latest round gives it a $500 million pre-money valuation.
Alternative lending platforms are popular in the West, but have failed to gain traction in the developing world.