Investments

Investments
Klarna Co-Founder Among Swedish Startup Execs Funding Social Change
December 23, 2019

The leaders behind Klarna, Minecraft and Candy Crush Saga are joining other startup founders and H&M’s founding Persson family to fund firms that are trying to solve the world’s biggest problems, the Financial Times (FT) reported Monday (Dec. 23). Get the Full Story Complete the...

Investments
Uber Ex-CEO Kalanick Now Owns Less Than 10 Pct Of Ride-Hailing Giant
December 22, 2019

Uber co-founder and former CEO Travis Kalanick is exiting his stake in the popular ridesharing company. 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
Ripple Notches $200M In Series C
December 20, 2019

With an investment that reportedly tops off a record year for the company, Ripple announced that it notched $200 million in Series C funding. The investment also continues to prove blockchain’s value in enhancing global payments as well as XRP’s and XRP Ledger’s wider utility,...

Investments
Delivery App Glovo Notches $166M To Expand Development Team
December 19, 2019

In a Series E round headed up by Abu Dhabi’s Mubadala state investment company, Spain’s on-demand delivery app Glovo has notched €150 million ($166 million) in funding. The company’s raise comes after a €150 million round that was announced in April and $134M in a Series C...

Investments
Huckleberry Raises $18M To Expand SMB Insurance Offerings
December 18, 2019

Insurance purchasing and management platform Huckleberry has raised $18 million in a Series A funding round led by Tribe Capital, with participation from Amaranthine, Crosslink Capital and Uncork Capital, Huckleberry announced in a press release on Wednesday (Dec. 18). Get the Full Story Complete the...

Investments
Goldman Leads $1.75B Line Of Credit For WeWork
December 17, 2019

With conditions that clear up a trove of cash for WeWork, the office space and workplace solutions firm has received $1.75 billion in new financing in a drive for fundraising headed up by Goldman Sachs Group, Inc. The new credit line is said to be the...

Investments
African FinTech Chipper Cash Gets $6M To Enter New Markets
December 17, 2019

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6 million in a seed round led by Deciens Capital, according to a report. Get the Full Story Complete the form...

Investments
Pepper Gets $5.6M To Help DTC Firms With Spend Analysis
December 17, 2019

Los Angeles-based Pepper has raised $5.6 million in seed funding from Upfront Ventures, Lerer Hippeau and Manta Ray Ventures, as reported on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
India’s Licious Notches $30M To Boost Online Food Sales
December 16, 2019

Meat and seafood brand Licious, based in Bengaluru, India, has raised $30 million in a Series E funding round led by Singapore-based Vertex Growth Fund, TechCrunch reported on Monday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...