Investments

Investments
Credit-Building Platform SeedFi Closes $65 Million Funding Round
February 17, 2021

Financial health startup SeedFi, which helps Americans build credit, save money and make future financial plans, has raised $65 million in funding, according to a press release. The amount comprises $50 million in debt and $15 million in equity. Get the Full Story Complete the...

Investments
Will Smith-Backed Public.com Raises $220 Million For Social Investing Network
February 17, 2021

Social investing network Public.com has raised $220 million in a Series D funding round that was supported by existing investors including Will Smith’s Dreamers VC, Accel, Greycroft, Lakestar, YouTube’s Phil DeFranco and more.  Get the Full Story Complete the form to unlock this article and...

Investments
Kalshi Lands $30 Million Series A To Take Investment Platform Live
February 17, 2021

Silicon Valley online-trading platform Kalshi has closed a Series A funding round for $30 million led by Sequoia Capital, with participation from Charles Schwab, Henry Kravis, SV Angel and previous investors including Neo and YC Continuity.   Get the Full Story Complete the form to unlock...

Investments
Wall Street’s Great Democratization Needs More Than Just Investing Technology  
February 17, 2021

In the world of mythology, Robin Hood took from the rich and gave to the poor. And in the new telling of the Robinhood tale, in the digital age, the definition of who’s rich and who’s poor can change day to day or minute by...

Investments
Goldman Launches Marcus Invest To Target Retail Investor
February 17, 2021

Goldman Sachs is launching Marcus Invest to facilitate automated stock buys, the Wall Street Journal (WSJ) reported on Tuesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
LATAM’s Valoreo Raises $50 Million To Acquire And Scale eCommerce Firms
February 16, 2021

Latin American eCommerce acquirer Valoreo has raised $50 million in a seed funding round to expand its operations in the region. The funding was one of the largest seed rounds in the region, according to an announcement from Angel Ventures, one of the investors in the...

Investments
SPAC Birthed From LVMH + Former UniCredit CEO 
February 15, 2021

LVMH’s Bernard Arnault — the richest man in Europe — is collaborating with former UniCredit CEO Jean Pierre Mustie to launch a special purpose acquisition company (SPAC) for European financial company investments, the Financial Times (FT) reported on Monday (Feb. 15). Get the Full Story...

Investments
India’s BharatPe Notches $108 Million In Funding, Valued At $900 Million
February 11, 2021

Indian lending and digital payments startup BharatPe raised $108 million in a Series D funding round at a valuation of $900 million led by Coatue Management, according to a Thursday (Feb. 11) press release. Get the Full Story Complete the form to unlock this article...

Investments
Indian Online Supermarket Grofers Eyes Going Public Via SPAC
February 11, 2021

Grofers, an Indian online grocer, is looking at taking itself public in the U.S. by merging with a blank-check company. Such a move would be part of the intensifying trend of using such a special purpose acquisition company (SPAC). Get the Full Story Complete the...