Investments

Investments
SoftBank, JP Morgan Discuss Bailout To Prevent WeWork Insolvency
October 16, 2019

SoftBank and JP Morgan are in talks to rescue WeWork before it runs out of money, which is expected to happen by mid-November, CNBC reported on Tuesday (Oct. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Flowhub Lands $23M To Automate Cannabis Compliance
October 16, 2019

Flowhub, a cannabis retail management software vendor, has raised $23 million in its bid to automate cannabis compliance. 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
True Balance FinTech Targets India Market With $23M In Funding
October 16, 2019

South Korean startup True Balance announced that it has raised $23 million in a Series C funding round. Seven Korean investors — NH Investment & Securities, IBK Capital, D3 Jubilee Partners, SB Partners and Shinhan Capital, as well as existing partners IMM Investment and HB...

Investments
Walmart Takes Part In $71M Funding Of Smart Lock Firm
October 16, 2019

Smart lock startup Level Home has raised over $71 million in funding from Walmart, Hut 8 Ventures, and home construction and real estate company Lennar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
2,000 Staff Getting Laid Off As WeWork Faces Collapse
October 15, 2019

WeWork will lay off at least 2,000 staff in the coming week — 13 percent of its 15,000 payroll — with thousands of more job losses expected to follow, the Guardian reported on Tuesday (Oct. 15). Get the Full Story Complete the form to unlock...

Investments
Paytm Poised To Raise $2B To Counter Rivals
October 14, 2019

India payment service Paytm has almost closed a deal to get $2 billion in a new financing round in preparation for competition with a slew of other payment services, including Facebook’s Libra and Flipkart’s PhonePe.  Get the Full Story Complete the form to unlock this...

Investments
Revolut Taps JPMC To Raise $1.5B For Global Expansion
October 14, 2019

U.K. FinTech company Revolut wants to raise as much as $1.5 billion so that it can expand globally. 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
SoftBank Wants Control Of WeWork
October 13, 2019

The parent company of WeWork is at a junction after its initial public offering (IPO) tanked and its chief executive officer stepped down, Reuters reported on Sunday (Oct. 13) Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Cannabis Firms See Share Prices Nosedive
October 13, 2019

The public market for cannabis is off by more than 40 percent, despite the industry’s blazing forecast and enthusiastic quarterly reports, The Wall Street Journal (WSJ) reported on Saturday (Oct. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...