Investments

SPAC
Payments SPACs Face Reckoning as Clock Runs Out on Investment Deadlines
August 16, 2022

Tick. Tock. 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, you agree to receive marketing communications from...

Investments
FinTech Arc Nets $20M for Startup Financing
August 16, 2022

Software-as-a-service (SaaS) finance company Arc has closed a Series A round for $20 million, to go toward growth for its treasury and software products, a press release said Tuesday (Aug. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
AtoB Raises $155M in Series B to Modernize Trucking Industry
August 16, 2022

Amid a worsening shortage of truck drivers in the United States, FinTech AtoB has raised $155 million in a Series B round to modernize the U.S. transportation industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Utah Investment Fund BankTech Ventures Raises $115M
August 16, 2022

BankTech Ventures (BTV), an investment fund serving community financial institutions (FIs) and bank technology entrepreneurs, raised $115 million to support innovation and investment return for community banks and bank tech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
UAE Startup Dukkantek Raises $10M to Grow Retail POS System
August 15, 2022

Dukkantek, a provider of store management platforms based in the United Arab Emirates, announced it has raised $10 million in pre-Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Embedded Banking Solutions Provider BankiFi Raises $4.8M
August 15, 2022

BankiFi, a provider of embedded banking products for small- to medium-sized businesses (SMBs), announced Monday (Aug. 15) that it has raised $4.8 million, with the funds earmarked for its expansion into North America. Get the Full Story Complete the form to unlock this article and...

Investments
Nigerian Startup Pastel Raises $5.5M for Small Business Services
August 15, 2022

Pastel, a Nigerian merchant platform and bookkeeping startup formerly known as Sabi Cash, has raised $5.5 million in a seed financing round in addition to the $620,000 in pre-seed funding it raised in 2021. Get the Full Story Complete the form to unlock this article...

IPO
State-Owned China Tourism Group Duty Free Plans IPO
August 12, 2022

China Tourism Group Duty Free, which runs China’s biggest duty-free retail network, is planning an initial public offering (IPO) in Hong Kong that could raise as much as $2 billion, Reuters reported Friday (Aug. 12). Get the Full Story Complete the form to unlock this...

IPO
FinTech IPO Index Posts 3.8% Weekly Gain as Lemonade Pops and Inflation Cools
August 11, 2022

The FinTech IPO Tracker is up 16.9% for August — and we’re not even halfway through the month. 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...