Investments

Investments
SPACs Now Comprise 20 Pct Of IPO Market, Apollo’s Harris Says
September 30, 2020

Alternative investment firm Apollo Global Management Co-Founder Josh Harris said he thinks the trend of special purpose acquisition companies (SPACs) is not a flash in the pan, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
VTEX Says New Funding Puts Valuation At $1.7B
September 30, 2020

Online commerce platform VTEX completed a fund-raising round that puts its valuation at $1.7 billion, the company said in a news release Wednesday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Baidu’s Smart Living Group Valued At Nearly $3B
September 30, 2020

Chinese search engine and artificial intelligence (AI) giant Baidu is accelerating its push into the booming voice assistant sector that has spawned AI celebrities like Alexa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
FinTech Capify Nets $10M Funding, Continued Goldman Backing
September 30, 2020

The FinTech Capify has pulled in an additional $10 million in an equity round of funding and is banking on continued support from the Goldman Sachs Merchant Banking Division for its lending platform, which is geared to small to medium-sized businesses (SMBs). Get the Full...

Investments
AeroPay Closes Seed Round Led By Continental Investors
September 29, 2020

Alternative payments platform AeroPay is looking to accelerate its growth after closing a seed round of capital led by a top FinTech investment firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Walmart Could Invest $25B In Developing Tata Group’s ‘Super App’
September 29, 2020

Walmart Inc. is in talks for as much as a $25 billion stake in a Mumbai, India conglomerate that is planning to launch a “super app” designed to offer a mega selection of retail products, sources told Mint. Get the Full Story Complete the form to...

Investments
Stripe Heads Up $12M Funding Round For Payments Processor Startup PayMongo
September 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 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 additional logins required. yesSubscribe...

Investments
Hims Inc. May Go Public Through Blank-Check Company
September 25, 2020

Remote healthcare firm Hims Inc. is getting close to an arrangement to go public via a merger with special purpose acquisition company (SPAC) Oaktree Acquisition Corp., Bloomberg reported, citing unnamed sources, at a time when the SPAC model has become more popular. Get the Full...

Investments
Credit Industry Disruptor Petal Hits $100M Investment Mark
September 24, 2020

Petal, a startup with a mission to shake up the world of credit cards, is poised for more expansion after nailing down another big commitment from its investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...