Investments

Investments
WorldRemit Hits $5B Valuation, Rebrands As Zepz
August 23, 2021

The digital cross-border payment platform Zepz — formerly WorldRemit — became a $5 billion company on Monday (Aug. 23) after raising $292 million in new primary Series E financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Report: Activist Investors Sees Fiserv’s Clover Worth $185B By 2024
August 20, 2021

Activist investor ValueAct Capital Management has amassed a position in Fiserv Inc., the parent company of Clover, and argued in an investor presentation that Clover could be worth $185 billion by 2024, Bloomberg reports. Get the Full Story Complete the form to unlock this article...

Investments
Report: Activist Investor Sees Clover Worth $185B By 2024
August 20, 2021

Activist investor ValueAct Capital Management has amassed a position in Fiserv Inc., the parent company of Clover, and argued in an investor presentation that Clover could be worth $185 billion by 2024, Bloomberg reported. Get the Full Story Complete the form to unlock this article...

Investments
New Funding Drives DriveWealth To $2.8B Valuation
August 20, 2021

The global brokerage firm DriveWealth has wrapped a $450 million Series D, valuing the firm at $2.85 billion. 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...

Investments
D1 Brands Announces $123M In Series A Financing
August 19, 2021

D1 Brands, which buys Amazon’s Fulfillment by Amazon (FBA) brands, announced it has locked in $123 million in Series A financing in a round led by asset management firm CoVenture and venture capital firm Crossbeam Venture Partners. Get the Full Story Complete the form to...

Investments
Mobile Auto Repair Company RepairSmith Nets $42M In Funding
August 19, 2021

Full-service mobile auto repair and maintenance firm RepairSmith on Thursday (Aug. 19) announced it has raised $42 million in a Series B funding round from investors, including TI Capital, Mercedes-Benz, Porsche Ventures and Spring Mountain Capital. Get the Full Story Complete the form to unlock...

Investments
CloudPay Sees Hike In Demand For Treasury Services, Nets $58M In Funding
August 18, 2021

Global pay provider CloudPay has raised $58 million in a new fundraising round, according to a press release. 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...

Investments
One Finance Closes $40M Series B Funding Round
August 18, 2021

To help its mission of reinventing “everyday finance,” FinTech One has closed a $40 million Series B funding round, according to an announcement from One Founder and CEO Brian Hamilton. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Canada Drives Says $100M Funding Will Drive Expansion
August 18, 2021

Canada’s largest online car shopping and delivery platform says it plans to expand with the help of $100 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...