Bucking the coronavirus-driven economic downturn, Indian FinTech Aye Finance on Wednesday (June 24) said it had raised $27.5 million from a group of investors led by the private equity arm of Alphabet, Google’s corporate parent. Get the Full Story Complete the form to unlock this...
With the last bids due in early July for eBay Inc.’s classified advertising business, private equity companies seeking to win the auction could arrange for as much as $2.6 billion worth of debt to finance the transaction. Those who are left taking part in the...
Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). Get the Full Story Complete the form to...
Online grocery delivery service Milkbasket has landed $5.5 million in venture capital in a round led by Inflection Point Ventures. That brings the funding pulled in by Milkbasket to over $33 million. Get the Full Story Complete the form to unlock this article and enjoy...
In what is said to be one of the final investments prior to the trading of its shares publicly, Palantir Technologies Inc. notched $500 million in funding from Sompo Japan Nipponkoa Holdings Inc. The infusion reduces the need for the data firm, which Peter Thiel...
ID verification firm Payfone has completed a $100 million funding round which the company says it will use for strengthening machine learning and building a new consortium to help secure digital transactions, the press release says. Get the Full Story Complete the form to unlock...
Jio Platforms has reeled in another big investor, with Saudi Arabia’s sovereign wealth fund agreeing to pump $1.5 billion into India’s largest mobile commerce company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
DoorDash said it is raising roughly $400 million in Series H financing led by new investors Fidelity Management & Research Co. as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. Rowe Price Associates, Inc. advises. The financing...
