Stablecoin payment platform KAST says it has raised $80 million in new funding. The company’s Series A round, announced Monday (March 9), will allow KAST to expand its product, designed to ease cross-border money movement for people and businesses. KAST said this new round of funding is happening as...
Prediction markets Kalshi and Polymarket are reportedly in discussions with investors about raising funds. And both companies are targeting the same valuation of $20 billion, The Wall Street Journal (WSJ) reported Saturday (March 7), citing sources familiar with the matter. These sources said both companies...
Silverflow, a Dutch payment processing firm, announced on Thursday (March 5) that it had secured $40 million in Series B funding in an investment round led by Picus Capital. Several other firms, including Rabo Investments and Coatue, also participated. Over the last two and half...
Indian payments platform PhonePe reportedly hopes to go public at a valuation of $9 billion to $10.5 billion. This indicates that the Walmart-backed company will raise around $900 million to $1.05 billion, Reuters reported Wednesday (March 4), citing two sources with direct knowledge of the...
Fund manager Elliott Investment Management has taken a $1 billion stake in Pinterest. With this investment, Pinterest will repurchase shares of its Class A common stock through a $1 billion accelerated share repurchase agreement, the social media platform said in a Tuesday (March 3) news release. “We delivered...
PayPay reportedly hopes to raise up to $1.1 billion when it goes public. That’s according to a report Tuesday (March 3) from Bloomberg News, which says it would be the largest ever initial public offering (IPO) by a Japanese company on a U.S. stock exchange. The company, working...
Pluvo raised $5 million in a seed round to scale its artificial intelligence-native financial analysis platform for finance teams. The company’s platform delivers analysis that chief financial officers and financial planning and analysis teams can interrogate and simulate in real time, Pluvo said in a...
Dots raised $8.9 million in a Series A funding round to continue expanding the capabilities of its global payouts platform for marketplaces and service-based businesses. The round brings the total amount the company has raised to date to $14.6 million, Dots said in a Thursday...
Plaid’s latest round of funding has reportedly valued the FinTech at $8 billion. The privately-held company raised the money to give its workers a way to gain liquidity for their share, Bloomberg News reported Thursday (Feb. 26), citing sources familiar with the matter. The report...