Investments

SPAC
SPACs Take Center Stage in Singapore with Three Listings
January 21, 2022

Two special purpose acquisition companies (SPACs) started trading in Singapore since the start of the new year, and a third SPAC is set to follow soon, as the Southeast Asian country strives to position itself as a center of activity for SPACs in the region....

IPO
Digital Bank Chime Readies IPO With Possible $40B Valuation
January 21, 2022

The digital banking service Chime has asked Goldman Sachs Group for assistance in prepping for an initial public offering that could value the company at close to $40 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Package Tracking Firm Route Valued at $1.2B
January 21, 2022

The eCommerce package tracking company Route has joined the unicorn club. 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 Today. By completing...

Investments
Finclusion Group Raises $20M in Funding to Build out African Neobank
January 21, 2022

Finclusion Group, the African-focused FinTech platform crafting neobank offerings for its users, has secured $20 million in funding from investors in its latest capital raise, the company announced Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

SPAC
SPAC Craze Wanes as More Pull Plug Before Going Public
January 21, 2022

Many special purpose acquisition companies (SPACs), the darlings of Wall Street in 2021, have started the new year by pulling the plug on a public offering and withdrawing their registrations with the Security and Exchange Commission (SEC), Financial Times (FT) reported on Friday (Jan. 21)....

Investments
BNPL for Biz Platform Vartana Grabs $57M Seed Funding
January 20, 2022

Managed checkout and buy now, pay later (BNPL) platform Vartana kicked off its quest to dominate the market with $57 million in seed funding, including $7 million in equity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Tom Brady’s NFT Startup Autograph Snags $170M in Series B Funding
January 20, 2022

Nonfungible token (NFT) platform Autograph, which was co-founded in July by seven-time Super Bowl champion Tom Brady and helps athletes and entertainers promote their NFTs, recently raised $170 million in a Series B funding round, Bloomberg reported Thursday (Jan. 20). Get the Full Story Complete...

IPO
Ibercaja Banco on Track to be Spain’s First IPO of 2022
January 20, 2022

Ibercaja Banco is tracking to be Spain’s first initial public offering (IPO) of 2022 and the first bank public listing since 2017 as Ibercaja’s largest shareholder Fundación Ibercaja, which owns 88.04% of the shares, plans to sell roughly 40% of its holdings, Reuters reported on...

Investments
Lean Nets $33M to Expand 3rd-Party Real Time Payments in MENA
January 20, 2022

Sequoia Capital India has made its investment debut in the Arab Gulf by leading a $33 million Series A funding round for Lean Technologies, CNBC reported on Thursday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...