Investments

Investments
Live Shopping Platform Whatnot Raises $260M in Series D
July 21, 2022

Independent live shopping platform Whatnot announced Thursday (July 21) that it has raised $260 million in a Series D round co-led by DST Global and CapitalG. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fintech Investments
Brazilian FinTech Neon Raises $80M to Expand Product Access
July 21, 2022

Brazilian digital banking FinTech firm Neon on Thursday (July 21) announced that it has raised $80 million in its first Credit Rights Investment Fund (FIDC) focused on credit cards, increasing the total fund to $170 million, a number that is expected to double, according to...

Investments
Metrics Drive Early-Stage Funding Amid VC Funding Drought
July 21, 2022

Startups seeking seed and Series A funding are facing the leanest money landscape in more than 10 years and now have to show metrics that illustrate a strategy that leads to revenue and profits.   Get the Full Story Complete the form to unlock this article...

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...