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...
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...
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...
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 —...
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...
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...
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....
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...
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...