Investments

Investments
SoftBank Makes $146M Bet on AI Firm Qraft
January 10, 2022

SoftBank is investing $146 million in the South Korean artificial intelligence (AI) company Qraft Technologies Inc. to help it expand into the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
German Payments Startup Denario Raises $1.5M to Automate B2B Payments for SMBs
January 10, 2022

Berlin-based payments processor startup Denario has raised 1.3 million euros ($1.5 million) in a financing round, the company announced on Monday (Jan. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Investment App Groww Backed by Microsoft CEO
January 10, 2022

Indian investment app Groww announced this weekend that the head of one of the world’s biggest tech companies is in its corner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Mattress Firm Group Begins IPO Process
January 10, 2022

Mattress Firm Group Inc. has filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common stock, moving closer to a plan it has been discussing for several months, according to a Friday (Jan. 7)...

Investments
Ankorstore Unicorn Status Increases Buzz Around France and Europe VC Ecosystems
January 10, 2022

Barely two weeks into 2022 and the French startup market is buzzing with venture-backed excitement. 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,...

IPO
Digital Payments Startup Pine Labs Files for $500M IPO at Valuation as High as $7B
January 10, 2022

Digital payments startup Pine Labs filed confidentially with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) to raise roughly $500 million at an estimated valuation between $5.5 billion to $7 billion, Bloomberg reported on Monday (Jan. 10). Get the Full Story...

Investments
UK Meal-Kit Subscription Service Gousto Grabs $150M in Funding
January 07, 2022

Gousto, a London-based meal-kit subscription service, has secured 110 million pounds ($150 million) in funding with a valuation of 1.25 billion pounds ($1.7 billion), UKTech News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Online Merchant Hour Loop Opens IPO Trading of 1.5M Shares
January 07, 2022

Online retailer and third-party eCommerce seller Hour Loop started trading on Nasdaq Capital Market under the ticker symbol HOUR at a per-share price of $4.50 after pricing the initial public offering (IPO) of 1.5 million shares of common stock at $4 per share, according to...

Investments
Malaysian Online Car Seller Carsome Raises $300M
January 07, 2022

The Malaysian online used-car marketplace Carsome Group has raised nearly $300 million in a funding round.  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...