ReCharge, which handles subscription services for other companies, has raised $277 million in venture capital, pegging its valuation at $2.1 billion, the company announced in a Thursday (May 6) press release. Investors in the Series B round include Summit Partners, Iconiq Growth, and Bain Capital Ventures. Get the...
Singapore eCommerce brand aggregator Rainforest has raised $36 million in a seed funding round that included $6.5 million in equity financing, The Edge Singapore reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wall Street’s top regulator is looking into whether or not there may need to be rules leveled against brokerage apps that gamify stock trading, The Wall Street Journal (WSJ) wrote on Wednesday (May 5). Get the Full Story Complete the form to unlock this article...
SCI Ecommerce, headquartered in Singapore, raised $37 million as part of a growth funding round led by Asia Partners. The new capital comes as the startup said it’s moving toward an initial public offering (IPO) before the year is out. Get the Full Story Complete...
The wearable fitness manufacturer Oura announced a $100 million Series C on Tuesday (May 4), a funding round that brings the company’s total financing to just over $148 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Boost Payment Solutions has closed a $22 million Series C funding round, the B2B payments optimization firm announced on Tuesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
One day after Warren Buffett likened its app to a “casino,” Robinhood fired back, calling the revered investor part of an “old guard” trying to keep out new blood. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Representatives of Wealthsimple, a Canadian investing website whose motto is “Get rich slow,” are discussing a valuation of more than $3.5 billion in new fundraising talks, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Private equity powerhouse Bain Capital has raised $11.8 billion for a new fund, Reuters first reported. 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...
