Investments

IPO
FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
June 02, 2023

The FinTech IPO Index’s 3.4% gains were outpaced this week by outsized momentum in names like SoFi, while earnings reports in other holdings continued to impact trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SPAC
Report: Fizzling SPAC Wave Leads to Rash of Lawsuits
June 01, 2023

First came the SPACs. Now come the legal actions. 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 completing this form,...

Investments
Web3 Firm Magic Summons $52 Million With PayPal Ventures’ Help
May 31, 2023

Wallet-as-a-Service provider Magic has raised $52 million in a round led by PayPal 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. yesSubscribe to our daily newsletter, PYMNTS...

Investments
Vartana Raises $20 Million for B2B Sales Closing and Financing Platform
May 31, 2023

Vartana has raised $20 million to grow its B2B sales closing and financing platform. 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
Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
May 31, 2023

Dublin-headquartered NomuPay has raised $53.6 million to expand its cross-border payment platform. 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 completing this...

Investments
Fidelity Slashes Value of Its Twitter Stake Once Again
May 31, 2023

Twitter is now worth a third of the $44 billion Elon Musk paid for it. 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,...

Investments
Talis Capital Announces First Closing of $175 Million Fund
May 30, 2023

Talis Capital has announced the first closing of its $175 million fund. 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
India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
May 26, 2023

XFlow has raised $10.2 million in a pre-Series A round to expand its cross-border payments solutions. 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,...

Fintech Investments
FinTech IPO Index Slips 2.4% as OneConnect, Lufax Decline After Earnings Reports 
May 25, 2023

The last of the earnings reports are trickling in across the FinTech IPO Index, with more decliners than gainers, which in turn helped send the index down 2.4% for the week. Get the Full Story Complete the form to unlock this article and enjoy unlimited...