Investments

Investments
Mobile Banking Firm Chime Gets $14.5B Valuation With New Funding
September 18, 2020

Mobile banking upstart Chime has completed funding that has provided the firm with a $14.5 billion valuation, CNBC 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...

Investments
Affirm Raises $500M, Adds Bi-Weekly Plan
September 17, 2020

Affirm, a San Francisco-based point-of-sale (POS), buy now, pay later (BNPL) lender, announced a $500 million series G round of funding Thursday (Sept. 17) in a press release, bringing its total funding raised to more than $1.3 billion. Get the Full Story Complete the form...

Investments
Tonal Raises $120M For Connected Fitness Growth
September 17, 2020

Tonal, a fitness company that sells what it calls “the smartest home gym,” announced on Thursday (Sept. 17) that it has raised $120 million in a second round of venture capital funding. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Fitness Platform Zwift Notches $450M Amid Home Workout Investment Craze
September 16, 2020

Indoor, at-home training is apparently an in thing right now during the age of social distancing and coronavirus restrictions. 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
New Funding For Custom Spreadsheets Puts Airtable At $2.5B Valuation
September 14, 2020

Airtable, a spreadsheet startup, ended a funding round with a new valuation of $2.5 billion, according to Bloomberg. 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...

Investments
Klarna Valued At $10.65B After $650M Funding Round
September 14, 2020

Private equity firm Silver Lake is leading a group in a $650 million investment in buy now, pay later (BNPL) provider Klarna, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
SoftBank Considers Going Private After Asset Sales, Report Says
September 13, 2020

Talks have been revived for SoftBank to take itself private amid a series of disappointments to the company’s equity valuation compared to the value of its individual holdings, Financial Times (FT) writes. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Santander Expands, Spins Off FinTech VC Fund
September 11, 2020

Banco Santander is spinning off its FinTech venture capital fund into a new entity called Mouro Capital and is doubling its investment in the operation to $400 million, the Spanish financial giant announced on Friday (Sept. 11). Get the Full Story Complete the form to...

Investments
SPAC Starboard Value Acquisition Launches $360M IPO
September 10, 2020

“Blank check” company Starboard Value Acquisition Corp. announced on Thursday (Sept. 10) that it had priced its upsized 36-million-unit initial public offering at $10 per unit. The units commenced trading later Thursday with the “SVACU” stock symbol, selling for as low as $9.97 and as...