Access Fintech announced on Tuesday (April 10) that JPMorgan Chase took part in a round of fundraising. 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...
Through a private funding round that could make Ant Financial the world’s biggest unicorn, the Chinese financial firm — an affiliate of Alibaba — is reportedly seeking to raise $9 billion. The fresh investment could lead to a valuation of nearly $150 billion for Ant, The Wall...
Furthering the battle for artificial intelligence (AI) between firms in China and the U.S., China’s SenseTime has raised $600 million in Series C funding. With the round, the company is now reportedly valued at more than $4.5 billion, TechCrunch reported. Get the Full Story Complete...
About a month after Instacart raised $200 million in February, the grocery delivery platform has reportedly notched another $150 million in funding. As a result, Instacart’s Series E round has now reached $350 million – and the company now has a $4.35 billion valuation, TechCrunch...
SoftBank Group announced that it is investing $400 million in India’s Paytm E-Commerce Pvt. Ltd., which will bring the value of the online retailer to around $1.9 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As Credit Karma seeks to move beyond credit reports and become a financial assistant, the company said on Wednesday (March 28) that Silver Lake bought equity in the company. The fund invested $500 million in Credit Karma, which has been around for more than a...
Japan’s SoftBank might be looking to invest $1 billion in Chinese truck-hailing company Manbang Group. 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,...
In an effort to deepen its push into securities, banking and insurance, JD.com’s finance arm is seeking to raise ¥12 billion — or $1.9 billion — in equity. If successful, the unit could be worth more than $20 billion, CNBC reported. Get the Full Story...
A new survey by Shenzhen Stock Exchange reveals that most Chinese investors, who expect the government to roll back some of its rules on initial public offerings (IPOs) for tech companies, want to be able to invest in domestic companies’ IPOs. Get the Full Story...
