Investments

Investments
Lulu Group Raising $2.72 Billion to Reposition Business for IPO
August 10, 2023

Abu Dhabi-based LuLu Group International, which owns one of the largest hypermarket chains in the Middle East, is reportedly raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of a potential initial public offering (IPO). Get the Full Story Complete the form to unlock...

Investments
Capital One Ventures Invests $25 Million in Luxury Travel Subscription Brand Inspirato
August 08, 2023

Luxury travel subscription brand Inspirato has entered into a definitive agreement for a new $25 million convertible note investment from Capital One Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Novo Secures $125 Million Facility for New Working Capital Offering
August 03, 2023

Novo has launched a new offering to help small businesses access working capital. 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 Today....

Investments
37 Angels’ Lee: Angel Investing Has Evolved From Side Gig to Asset Class of Its...
August 01, 2023

Picture an entrepreneur pitching their business to a panel of investors to convince them that their idea is worth funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Sequoia Capital Reportedly Downsizes 2 Major Funds
July 27, 2023

Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. 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...

Investments
GlossGenius Raises $28 Million for Beauty and Wellness Platform
July 27, 2023

GlossGenius has secured $28 million in Series C funding to continue building its platform for small business owners in the beauty and wellness industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Earned Wage Access Firm Immediate Closes $16 Million Funding Round
July 25, 2023

Earned wage access company Immediate has closed a $16 million funding round to accelerate its trajectory in the workplace financial health sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Business Travel Platform BizAway Receives $11 Million to Drive Innovation
July 24, 2023

Business travel platform BizAway has received 10 million euros (about $11 million) of new medium-term funding to help propel its growth. 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...

Investments
Bunq Raises $49 Million to Further International Expansion and Growth
July 24, 2023

European neobank bunq has closed a 44.5-million-euro (about $49 million) funding round that brings its total capital raised this year to nearly 100 million euros (about $111 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...