It’s not a well-publicized feature, but stock trading app Robinhood is also in the lending business. Late last week, some issues with that business attracted the attention of CBS MoneyWatch, which found that investors who borrowed money from Robinhood were nearly 14 times as likely...
The celebrity SPAC line-up just got a high-profile new player — a quite literal heavy-hitter. Former Yankees all-star third baseman Alex Rodriguez is throwing his hat into the SPAC market, with his Slam Corp. reportedly looking to raise $500 million in its initial public offering...
Shares of GameStop and other stocks rose after Robinhood removed trading restrictions on Friday (Feb. 5), Reuters reported. GameStop escalated 8.4 percent in U.S. pre-market trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The FinTech GajiGesa Indonesia has landed $2.5 million in a seed round of funding. The company announced via LinkedIn that the funding will be used to “help expand financial resilience for workers across Indonesia.” Get the Full Story Complete the form to unlock this article and...
U.K.-based BigChange said private equity firm Great Hill Partners has invested over 75 million pounds (about $102.4 million) in the company so it can build out its mobile workforce platform, per a Thursday (Feb. 4) press release. Get the Full Story Complete the form to...
Meal service company Tovala has completed a $30 million funding round, the Chicago-based firm announced in a Thursday (Feb. 4) press release. Tovala is unique, the release said, in that it pairs meal kit subscriptions with a “countertop smart oven that scans, steams, bakes, and broils...
Early education software solution startup Brightwheel has raised $55 million in a Series C funding round that puts the company’s valuation at $600 million. The funding was led by Addition with participation from Emerson Collective, Next Play Ventures, Julia and Kevin Hartz and Daniel Shapero,...
Virtual experience startup Touchcast raised $55 million in a series A funding round led by Accenture Ventures, Alexander Capital Ventures, Saatchi Invest, Ronald Lauder and others. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
San Francisco-based Good Eggs, a grocery delivery service that specializes in locally sourced products, has raised $100 million to expand into Southern California. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
