Investments

IPO
Renault Forgoes Electric Car Unit IPO as EV Enthusiasm Dips
January 29, 2024

Carmaker Renault canceled plans to take its electric vehicle unit, Ampere, public. 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. By...

Investments
PayPal Ventures Makes Stablecoin Investment in Mesh
January 29, 2024

PayPal Ventures invested in Mesh, an embedded finance platform for cryptocurrency transfers and payments. 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...

Investments
Sema4.ai Secures $30.5 Million to Bring AI to Enterprise Work
January 29, 2024

Artificial intelligence (AI) company Sema4.ai has secured $30.5 million in funding to bring open source-powered AI to enterprise work.  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...

Investments
YouLend Expands Revenue-Based Financing Capacity by $5.1 Billion
January 29, 2024

Global embedded finance platform YouLend secured a financing deal that will enable it to extend 4 billion pounds (about $5.1 billion) in additional revenue-based financing to small- to medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Reddit Pushed by Investors to Seek $5 Billion IPO Valuation
January 28, 2024

Reddit’s potential investors reportedly want the company to seek a $5 billion IPO valuation. 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
Proof Technology Raises $30.4 Million to Grow Litigation Services Platform
January 26, 2024

Proof Technology has secured $30.4 million in Series B funding to advance its online litigation services marketplace. 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...

Fintech Investments
Platforms Gain Momentum Ahead of Earnings, Propel FinTech IPO Index 2.2% Higher
January 26, 2024

It’s the end of January almost, and through the next few weeks, FinTechs will weigh in with everything from loan performance metrics to profits (where there are profits to be shown). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Mondu Raises $33 Million to Expand B2B BNPL in Europe
January 25, 2024

B2B payment solutions provider Mondu has raised an additional 30 million euros ($33 million). 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
ModernFi Raises $18.7 Million to Expand Deposit Management Tools
January 23, 2024

ModernFi has secured $18.7 million in funding to bring its deposit management tools to financial institutions of all sizes.  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...