Investments

Investments
Buffett’s Berkshire Hathaway Buys Stake In Kroger
February 16, 2020

Berkshire Hathaway’s new investment in Kroger sent shares soaring Friday (Feb. 14), CNN reported. 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...

Investments
SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm
February 16, 2020

SoftBank will add $1 billion this year to its $5 billion Latin America Fund introduced in 2019, adding to last year’s $1.6 billion, Bloomberg reported on Friday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
February 16, 2020

Rakuten, the Japanese eCommerce conglomerate, has sold billions of dollars’ worth in shares, including the entirety of its stake in Pinterest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Toast Raises $400M In Series F Fundraise
February 14, 2020

Restaurant management platform Toast unveiled a $400 million Series F funding round led by Bessemer Venture Partners, Greenoaks Capital, Tiger Global Management and TPG. Also participating were TCV, Durable Capital Partners LP, G Squared, Light Street Capital, Alta Park Capital, funds and accounts advised by...

Investments
Indian Social Commerce Site Simsim Raises $16M
February 14, 2020

Simsim, an Indian social commerce site, has raised over $16 million through seed and Series A and Series B rounds, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Wells Fargo Invests $5M In Blockchain Analysis Startup Elliptic
February 13, 2020

Wells Fargo Strategic Capital (WFSC) is backing the London-based blockchain analysis firm Elliptic with a $5 million investment, bringing the startup’s Series B round to $28 million, Elliptic announced in a press release on Thursday (Feb. 13).  Get the Full Story Complete the form to...

Investments
Fenergo Lands $80M To Grow Banking Compliance Business
February 12, 2020

Fenergo, a Dublin-based FinTech startup that helps other banking organizations deal with regulatory compliance, onboarding and “lifecycle management,” has raised $80 million and has a valuation of $800 million, according to a report. Get the Full Story Complete the form to unlock this article and...

Investments
Nova Credit Nets $50M To Aid Immigrant Credit Access
February 12, 2020

Cross-border consumer credit startup Nova Credit has raised $50 million in Series B equity financing, according to a Wednesday (Feb. 12) release.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
SoftBank Takes $2B Hit In Quarterly Earnings
February 12, 2020

SoftBank’s quarterly profit dropped 99 percent to ¥2.59 billion (£18.2 million) following steep Vision Fund losses, according to multiple reports on Wednesday (Feb. 12). The Vision Fund lost 225.1 billion yen (S$2.84 billion) for the three months ending in December, according to The Business Times. Get...