Investments

Investments
Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas
January 22, 2021

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
TripActions Raises $155 Million To Boost Travel Spend Management
January 21, 2021

TripActions, a travel management company, has raised $155 million in a Series E funding round at an increased valuation of $5 billion, intending to help the travel world with a new travel and spend management program, the company announced in a Thursday (Jan. 21) blog...

Investments
Malaysian eWallet Provider TNG Digital Looks To Raise $150 Million For Expansion
January 21, 2021

TNG Digital, the venture launched by China’s Ant Group and Malaysia’s Commerce International Merchant Bankers (CIMB), is in talks to raise $150 million to fund expansion efforts, Reuters reported on Thursday (Jan. 21), citing four sources. Get the Full Story Complete the form to unlock...

Investments
Investments In Healthcare Startups Surge To $80.6 Billion In 2020
January 20, 2021

Global investments in healthcare startups set a new record in 2020, reaching $80.6 billion in equity funding. A new report from research firm CB Insights said the 2020 funding was raised in at least 5,500 deals, with growth seen in North America, Asia and Europe....

Investments
Ant-Backed Mynt Seeks More Funding On Heels Of $175 Million Round
January 20, 2021

Globe Fintech Innovations of the Philippines, the FinTech arm of Globe Telecom, landed $175 million in additional venture funding this month. Now, Globe Fintech, known as Mynt, is reportedly on the hunt for more cash — and looking to get a valuation over $1 billion....

Investments
eSports Roundup: Epic Raises Prize Money To $20 Million; Simplicity Moves Toward IPO
January 20, 2021

Dota, Counter-Strike and League of Legends may not mean anything to most readers, but to those involved in the burgeoning eSports business, the top three most popular video games mean only one thing: big money. Get the Full Story Complete the form to unlock this...

Investments
WeTrade Platform’s Nasdaq Transfer From OTC Could Raise $121 Million
January 20, 2021

The Chinese eCommerce services startup WeTrade Group is looking to raise about $121 million in its transfer from the OTC board to Nasdaq, according to the S-1 filed with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock...

Investments
Electric Truck Maker Rivian Gains $2.65 Billion In T. Rowe Price-Led Funding Round
January 19, 2021

Southern California-based electric truck maker Rivian closed a $2.65 billion investment round led by funds and accounts advised by T. Rowe Price, with participation from Fidelity Management and Research, Amazon’s Climate Pledge Fund, Coatue, D1 Capital Partners, and other existing and new investors. Get the Full...

Investments
Microsoft Joins $2 Billion Funding Round For Self-Driving Carmaker Cruise
January 19, 2021

Microsoft is participating in a new $2 billion equity funding round for self-driving carmaker Cruise, bringing the startup’s post-money valuation to $30 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...