Cannabis banking act passes U.S. House with bipartisan support

Cannabis banking act passes U.S. House with bipartisan support

The U.S. House of Representatives passed a landmark bill aimed at easing restrictions placed on the cannabis industry. The SAFE ACT (Secure and Fair Enforcement) banking act provides safe harbor for financial institutions to work with cannabis operators. If passed by...
Chargebee valued at $1.4 billion in new $125 million fundraise

Chargebee valued at $1.4 billion in new $125 million fundraise

A startup that enables businesses to set up and manage their billing, subscription, revenue operations and compliance has become the newest firm to earn the much coveted unicorn status. Chennai and San Francisco-headquartered Chargebee said on Tuesday it has raised...