The once-hot FinTech space is in the midst of a big chill, shedding half a trillion in valuation as the cumulative value of shares of newly-listed firms in the sector dropped $156 billion so far this year. Get the Full Story Complete the form to...
Digital banking platform Apiture has closed a $29 million fundraising round, and plans to use it to increase its marketing efforts, speed up product development and meet increased demand for the Apiture Digital Banking Platform, according to a company press release. Get the Full Story...
Mexican FinTech Stori has achieved “unicorn” status following a $150 million Series C round that brought the company’s valuation to $1.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Spend management platform Airbase announced Friday (July 15) it has secured $150 million in debt financing led by Goldman Sachs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
For the FinTech IPO names, now comes the true test. 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...
Chinese fast fashion giant Shein is reportedly planning to do an initial public offering (IPO) in the U.S. soon — possibly by 2024, according to media reports Thursday (July 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Activist investor Elliott Management has accumulated a 9% stake in social media platform Pinterest and is reportedly in talks to further boost that position The Wall Street Journal reported Thursday (July 14), citing unnamed people familiar with the talks. Get the Full Story Complete the...
Logistics-equipped wholesale B2B grocery marketplace Pod Foods has debuted Pod Foods Capital, a financing tool for emerging brands that need help gaining access to capital, according to a Thursday (July 14) company press release. Get the Full Story Complete the form to unlock this article...
South African mobility FinTech Moove has raised $20 million in financing from Absa Corporate and Investment Banking (CIB), the Johannesburg company announced Thursday (July 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...