Investments

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...

Investments
FinTech Startup Capitolis Nets $11M From Major Banks
September 10, 2020

New York-based Capitolis said in a press release that it had completed a funding deal with Citi, J.P. Morgan and State Street. Financial technology (FinTech) startup Capitolis designs and develops software that helps financial institutions (FIs) “optimize their balance sheets, which creates a fairer, safer and...

Investments
India’s Zomato Raises $102M, Ups Its Value To $3.4B
September 10, 2020

Zomato, India’s food ordering and delivery startup, has raised $102.5 million to power its growth. 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 our daily newsletter, PYMNTS...

Investments
Chairish Pulls In $33M To Fuel Growth Of Online Home Furnishings Marketplace
September 10, 2020

Chairish has reeled in an additional $33 million in venture backing for its high-end home furnishings marketplace. Austin-based Tritium Partners led the funding round that includes previous investors Altos Ventures, Azure Capital, O’Reilly AlphaTech Ventures and “the founding team.” Get the Full Story Complete the...

Investments
Healthcare Tech Company Truepill Raises $75M To Expand
September 09, 2020

Truepill, an online pharmacy powering delivery for direct-to-consumer healthcare brands, announced Wednesday (Sept. 9) that it closed on a $75 million Series C funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Virtual Kitchen Nets $20M To Assist Restaurants With Delivery
September 08, 2020

Virtual Kitchen, a startup founded by ex-Uber employees, has raised $20 million in fresh capital in a bid to capitalize on the need for food delivery amid the pandemic, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Byju’s Raises $500M In Funding Round Led By Silver Lake
September 08, 2020

Indian educational technology firm Byju’s has gotten a leg up from a $500 million funding round led by private equity titan Silver Lake, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Mollie Is Latest Payments Tech Startup To Reach Unicorn Status
September 08, 2020

Dutch FinTech Mollie has just closed on $100 million in new financing, as the startup looks to expand internationally and pump additional money into product development and engineering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...