Investments

IPO
Instacart Eyes IPO Before Year’s End, Report Says
July 28, 2022

Instacart will likely go public before the end of the year, a move coming earlier than expected, unnamed sources told The Wall Street Journal (WSJ) Thursday (July 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
FinTech IPO Index Sinks 3.3% as Economic Concerns Overshadow Earnings Season
July 28, 2022

The investing world is parsing the slew of earnings that are continuing to come from banks, from the payments networks. 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
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
July 28, 2022

Cryptocurrency fund Variant is committing $450 million to invest in builders of the user-owned web: a $150 million seed fund and a $300 million opportunity fund that will back “projects with demonstrated traction from our portfolio and beyond,” according to a Thursday (July 28) company...

Fintech Investments
Portage Hopes to Raise $1B For Late-Stage FinTechs
July 28, 2022

FinTech fund Portage is putting together a structured equity fund focusing on backing late-stage financial technology startups. 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
Dbank Raises Largest Seed Round in Pakistan at $17.6M
July 28, 2022

Pakistani FinTech startup Dbank has raised $17.6 million in a seed funding round, the largest ever in Pakistan. 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...

Investments
PaaS Startup mx51 Raises $52.5M to Expand Global Footprint
July 28, 2022

Payments-as-a-service (PaaS) platform mx51 has secured $32.5 million in a Series B funding round, according to a press release on Thursday (July 28). The funding will be used to expand its global footprint as the startup works to help banks, acquirers and merchants stay up...

Investments
SMB Budgeting Platform Helu.io Raises $10M in Series A
July 27, 2022

Helu.io, a budgeting and financial reporting platform for small- to medium-sized businesses (SMBs), announced the close of its Series A funding round, which raised over 9.8 million euros ($10 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Genesis Global Raises $20M in Additional Funding to Drive IT Innovation
July 27, 2022

Low-code application development platform Genesis Global raised $20 million from the Bank of America, BNY Mellon and Citi and follows a $200 million Series C funding round announced in February being earmarked to drive low-code technology as an accelerator for IT innovation. Get the Full...

Investments
Activist Investor Elliott Management Now Has Stake in PayPal and Pinterest
July 26, 2022

Activist investor Elliott Management has reportedly taken an undisclosed stake in PayPal, The Wall Street Journal reported Tuesday (July 26) night, citing unnamed sources familiar with the matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...