Investments

Investments
Credit Card Startup Petal Raises $300M Led By Jefferies
September 18, 2019

The New York-based FinTech company Petal has announced a $300 million debt round from global investment bank Jefferies, adding to existing venture capital investments from Peter Thiel’s Valar Ventures, Rosecliff Ventures and others, the company announced in a press release on Wednesday (Sept. 18). Get...

Investments
Trump Administration Cracking Down On Foreign Tech Funding
September 18, 2019

The Trump administration has revealed tougher rules for foreigners who want to invest in U.S. businesses that rely on sensitive technology, infrastructure and data. Treasury Department officials are getting set to implement the law passed by Congress last year that will expand the scope of...

Investments
Goldman Leads Trulioo’s $70M Raise To Expand Global Digital ID
September 17, 2019

Trulioo, the global identity verification provider, has raised $70 million in new funding, eyeing growth in its core digital identification efforts, the company announced Tuesday (Sept. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Trigo Lands $22M For Cashierless Grocery Checkout
September 16, 2019

Israeli-based technology company Trigo raised $22M in a Series A funding round for its automated grocery checkout technology, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Greenlight Raises $54M To Enhance Kid-Friendly Financial Tools
September 16, 2019

Greenlight, which provides a debit card and app to teach kids about financial education, has closed a $54 million Series B funding round that was led by Drive Capital with participation from JPMorgan Chase and Wells Fargo, with participation by existing investors TTV Capital, Live...

Investments
Plaid Gets Strategic Funding From Visa And Mastercard
September 16, 2019

Plaid, which focuses on APIs, said on Mon. (Sept. 16) that it has received strategic investments from Mastercard and Visa. The companies said in the announcement that the amounts were undisclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
OkCredit Lands VC To Digitize India SMB Bookkeeping
September 16, 2019

Banglaore-based startup OkCredit revealed that it has raised $67 million in a Series B financing round. 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
Akeneo Lands $46M To Enhance Product Info For Retailers
September 13, 2019

Akeneo announced Thursday (Sept. 12)  it has raised $46 million in funding led by Summit Partners. 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
Online Home Buying Platform Prevu Closes $2M Funding Round
September 12, 2019

New York-based digital home buying company Prevu, which identifies itself as a customer service-oriented platform, has closed a $2 million seed funding round, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...