Investments

IPO
S Korean App-Based Lender K Bank Files First Application for IPO
June 30, 2022

South Korean app-based lender K Bank has submitted a preliminary application to conduct an initial public offering (IPO) in the country, Reuters reported Thursday (June 30) based on a statement from the Korea Exchange. Get the Full Story Complete the form to unlock this article...

Investments
GetVantage Raises $36M to Grow Revenue-Based Financing Biz
June 30, 2022

Alternative revenue-based funding platform GetAdvantage raised $36 million in equity and debt led by DMI Sparkle Fund and Varanium Nexgen Fintech Fund, with Varanium’s partner Aparajit Bhandarkar joining the GetAdvantage board, according to multiple reports on Thursday (June 30). Get the Full Story Complete the...

IPO
FinTechs Choose ‘Traditional’ IPOs, Shun SPACs, Amid Muted Listings
June 30, 2022

Dozens of mergers scuttled. Dwindling share prices. A market that is so volatile that, frankly, it’s no surprise that special purpose acquisition companies (SPACs) have seemingly had their run and now are done. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Indian B2B Electronics Firm Arzooo Raises $70M
June 29, 2022

B2B consumer electronics company Arzooo has raised $70 million to scale its business in a $65 billion market, The Economic Times reported Wednesday (June 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Money Management Tool Cleo Picks Up $79M in Series C
June 29, 2022

London-based money management solution Cleo has raised 76 million euros ($79 million) in a Series C funding round led by Belgium-based investment company Sofina. Existing investors EQT Ventures, Balderton Capital and others also participated. Get the Full Story Complete the form to unlock this article...

Investments
B2B Platform Nautical Commerce Raises $30M
June 29, 2022

Multi-vendor marketplace platform Nautical Commerce announced Wednesday (June 29) that it has raised $30 million in a Series A round led by Drive Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Czech FinTech 4Trans Plans Expansion After $18M Fundraise
June 29, 2022

4Trans, a Czech FinTech specializing in financial productions for supply chain and transportation companies, has raised 18 million euros ($18.8 million) in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Food Expense Management Platform Sharebite Nets $39M for Expansion
June 28, 2022

Sharebrite, a food benefits platform, announced Tuesday (June 28) that it has closed a Series B round for $39 million, which it intends to use to add more products to “serve the evolving needs” of modern workplaces. Get the Full Story Complete the form to...

Investments
Conversion Capital Raises $122M for FinTech Investments
June 28, 2022

Conversion Capital, a New York City-based early-stage venture capital firm, announced Tuesday (June 28) that it has completed raising capital for Fund III, a $122 million fund that will invest in the FinTech sector. Get the Full Story Complete the form to unlock this article...