Investments

Investments
Mexican B2B Payment Firm Mendel Raises $60M
November 08, 2022

B2B payments company Mendel has raised $60 million in a new funding round and said it plans to use the new capital to accelerate the development of its corporate spend management platform in the Mexican market.  Get the Full Story Complete the form to unlock...

Investments
Peloton Founders Raise $25M for D2C Rug Venture Ernesta
November 07, 2022

Ernesta, a direct-to-consumer (D2C) custom rug company launched by three of the founders of Peloton — John Foley, Hisao Kushi and Yony Feng — has raised $25 million in a Series A round. Get the Full Story Complete the form to unlock this article and...

Investments
Yassir Picks Up $150M Series B to Fuel Expansion
November 07, 2022

Yassir, a San Francisco-based company that operates an Algerian super app by the same name, on Monday (Nov. 7) announced the close of a $150 million Series B funding round to fuel its expansion across Africa and the Middle East. Get the Full Story Complete...

Investments
PayPal Earnings and Outlook Lead CE100 Lower as Payment Firms Face Slowdown
November 07, 2022

Friday’s rally, where the broader indices were up more than 1.1%, was not enough to salvage a rocky week, as earnings continue to dominate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
DLT Payments Joins Techstars Berlin Accelerator
November 04, 2022

Web3 payment processing company DLT Payments said it has received $120,000 investment from startup accelerator Techstars Berlin to support its work developing payment solutions for digital assets, stablecoins, and central bank digital currencies (CBDCs) and accelerate their adoption as payment methods. Get the Full Story...

Investments
FinTech IPO Index Down 2.7% as Opendoor and Upstart Cut Staff
November 04, 2022

The ranks are thinning at FinTech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

Investments
Dick’s Sporting Goods Launches $50M VC Fund
November 03, 2022

Dick’s Sporting Goods has launched a $50 million venture capital fund for companies that focus on athletes and their communities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Standard Chartered Backs Blockchain Payment Firm Partior
November 03, 2022

Financial services company Standard Chartered (SC) will invest in Partior, a blockchain-based clearing/settlement platform from Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Investments
Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool
November 03, 2022

Despite a continent-wide economic slowdown and comparatively deflated financial markets, Europe is on track to match last year’s record-breaking venture capital (VC) activity, which saw over 12,000 deals raise over 100 billion euros, according to PitchBook’s latest European Venture Report. Get the Full Story Complete the...