Investments

IPO
FinTech IPO Tracker Wraps up 1Q Down 20% YTD
March 31, 2022

Right into the end of the quarter, and year to date, it’s been rough sledding for the FinTech IPO Tracker. 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
Egyptian FinTech App Khanza Lands $38M in Series A
March 31, 2022

Khazna, a FinTech app aimed at helping Egypt’s unbanked/underbanked residents, has raised $38 million in debt equity in a Series A funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
GoTo Wins Approval for $1.1B IPO
March 31, 2022

The GoTo Group, which calls itself the largest digital ecosystem in Indonesia, has been given the green light to go public, the Jakarta-based company announced Thursday (March 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Startup Card91 Raises $13M in Pre-Series A Funding
March 30, 2022

Global payment issuance infrastructure platform Card91, which powers B2B payments and lending on a card, has announced a pre-Series A funding round for $13 million, according to a YourStory report Wednesday (March 30). Get the Full Story Complete the form to unlock this article and...

Investments
LayerZero Labs Nets $135M for Omnichain Developments
March 30, 2022

LayerZero Labs has raised $135 million in a funding round co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz, according to a Wednesday (March 30) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

SPAC
SEC’s Disclosure Rules Point to Chilling Effect for SPACs
March 30, 2022

New rules proposed by the Securities and Exchange Commission (SEC) governing disclosure won’t necessarily sound the death knell for special purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
PropTech Startup Goodlord Raises £27M to Boost UK Renting Experience
March 30, 2022

PropTech startup Goodlord has raised £27 million ($35.5 million) in a Series B funding round to elevate the rental experience in the U.K. The funding round was led by Highland Europe with additional backing from Finch Capital, Latitude and Oxx. Get the Full Story Complete...

IPO
Brazil FinTech Cerc Prepares IPO to Raise $100M
March 30, 2022

Cerc, the Brazilian exchange receivables firm, is raising $100 million as the FinTech prepares an initial public offering (IPO), Reuters reported Tuesday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
Early-Stage FinTech, Crypto Investments Key to New Financial Ecosystem in Emerging Markets
March 30, 2022

Due to currency volatility and infrastructure issues, the use of virtual currencies in emerging markets has boomed in recent years. In 2020, Nigeria was ranked third globally in terms of countries with the highest bitcoin trading volumes — generating transactions worth more than $400 million...