Investments

Investments
Economic Gloom Puts M&A Market Back Into Value Mode
July 21, 2022

When overvalued companies deflate in a wave, as we’re seeing now, that’s either heralding bad times ahead or an oncoming era of growth, depending on whether you’re buyer or seller. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
ByteDance’s Valuation Drops 25% From Last Year to Under $300B
July 20, 2022

ByteDance has traded in recent weeks at valuations beneath $300 billion, a 25% drop since last year, showing the strain tech companies are under in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fintech Investments
Visa Considers Taking Stake in FinTech Airwallex
July 20, 2022

Visa is reportedly in talks to contribute to a funding round for FinTech startup Airwallex, according to people familiar with the matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Sudanese FinTech Bloom Nets $6.5M
July 20, 2022

Sudan-based Bloom has raised $6.5 million in seed funding round, the FinTech announced in a press release Wednesday (July 20). 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
FTX Raising Money at $32B Valuation After Buying Crypto Firms
July 20, 2022

Cryptocurrency exchange FTX, which was co-founded by billionaire Sam Bankman-Fried, is reportedly looking into raising a new round of capital after its recent spending spree added new digital assets marketplaces to the fold. Get the Full Story Complete the form to unlock this article and...

Investments
B Capital Closes $250M Early-Stage Ascent Fund II
July 19, 2022

Global multistage investment firm B Capital has announced a $250 million close for its Ascent Fund II, the first dedicated early-stage fund, which will help it work with more entrepreneurs, a press release said Tuesday (July 19). Get the Full Story Complete the form to...

Investments
Morgan Health Invests $30M in Healthcare Plan Provider Centivo
July 19, 2022

JPMorgan Chase’s healthcare unit, Morgan Health, has made a $30 million investment in Centivo, a provider of health plans for self-insured employers focused on healthcare affordability for employees and their families, according to a Tuesday (July 19) press release. Get the Full Story Complete the...

Fintech Investments
African FinTechs ‘Least Hit’ by Global Tech Funding Winter, but for How Long?
July 18, 2022

The dreaded word — recession — is increasingly being bandied about as economists sound the alarm of tough times ahead. 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
Smart Credit Card Company X1 Card Raises $25M in Series B Funding
July 18, 2022

Smart credit card company X1 Card on Monday (July 18) raised $25 million in a Series B funding round that it plans to use for product innovation and growth ahead of its availability to the general public in the coming weeks, according to a company...