Japanese eCommerce and technology giant Rakuten is hoping to notch $2.2 billion with the issuance of new shares to Walmart, Tencent and Japan Post, the company said in a press release on Friday (March 12). Get the Full Story Complete the form to unlock this article...
Forward Health has raised $225 million from investors including SoftBank as well as pop singer The Weeknd, Reuters 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...
Nimble Robotics, Inc. announced a $50 million Series A financing round on Thursday (March 11), a move designed to allow the robotics and eCommerce fulfillment technology firm to accelerate hiring, develop their product and technology, and scale robot deployments for fulfillment operations. Get the Full...
African FinTech startup Flutterwave has raised $170 million in a Series C funding round, bringing its total fundraise to $225 million since its launch five years ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Investors from all levels of expertise have been flocking to special purpose acquisition companies (SPACs), a tendency that has some financial planners — and the Securities and Exchange Commission (SEC) — worried, Bloomberg reported on Wednesday (March 10). Get the Full Story Complete the form...
Recurring revenue trading platform Pipe announced this week it has raised $50 million in strategic equity funding. 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 newsletter, PYMNTS...
Venture capitalists are rushing to back Silicon Valley technology startups at a dizzying pace, with increasing competition to fund the hottest new companies despite concerns of over-valuation, Financial Times (FT) reported on Wednesday (March 10). Get the Full Story Complete the form to unlock this...
Healthcare financial engagement platform Cedar wrapped up a Tiger Global Management-led $200 million Series D financing round, bringing the firm’s valuation to $3.2 billion. Existing investors Concord Health Partners, Thrive Capital and Andreessen Horowitz also took part in the round, according to a Tuesday (March...
WeLab, an Asian FinTech, has closed a Series C funding round and will come away with $75 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...