Investments

SPAC
Mobile Commerce Platform Rezolve Merges With Armada in $2B SPAC Deal to Go Public
December 17, 2021

Mobile commerce platform Rezolve is merging with the blank check company Armada Acquisition Corp. in a deal to take Rezolve public at an estimated valuation of $2 billion, according to a press release on Friday (Dec. 17). Get the Full Story Complete the form to...

Investments
Tiger Global Invests $11m in Pakistani Digital Bookkeeper CreditBook
December 17, 2021

Tiger Global Management LLC has jumped into the booming Pakistan startup market with an investment in small business-focused digital bookkeeping platform CreditBook, Bloomberg reported Friday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Platform Businesses Dominate End of Year SPAC, IPO Activity
December 17, 2021

We’re at the very tail end of 2021, and depending on where — and when — you look, the SPAC sector is either dead or rising, phoenix-like, from ashes.    Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
AI eCommerce Tech Firm Rokt Raises $325M at $1.95B Valuation
December 16, 2021

Artificial intelligence (AI) eCommerce technology platform Rokt closed a $325 million Series E funding round at a $1.95 billion valuation, with funding led by Tiger Global and participation by Wellington Management, Whale Rock Capital Management, Pavilion Capital and existing shareholder Square Peg. Get the Full...

Investments
Indian Ride-Hailing App Ola Nets $500M
December 16, 2021

Ola, the Indian-based ride-hailing startup that competes with Uber, has generated a $500 million from investors, according to a Thursday (Dec. 16) report from Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Reddit Confidentially Files Draft Registration with SEC for IPO
December 16, 2021

The social media platform Reddit is planning to go public and recently submitted a draft registration statement as part of its S-1 filing with the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Indian FinTech Uni Raises $70M at $350M Valuation
December 15, 2021

Buy now, pay later (BNPL) startup Uni has brought in a huge Series A round for $70 million, according to a Wednesday (Dec. 15) report from the Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Noname Security Becomes First API Security Unicorn With $135M Funding Round
December 15, 2021

Israel-based API security company Noname Security on Wednesday (Dec. 15) locked down $135 million in a Series C fundraising round at a $1 billion valuation, making it the first API security unicorn — a private company with a valuation of at least $1 billion. Get...

Investments
Indian Payment Tech Platform Juspay Raises $60M to Invest in Product Development
December 15, 2021

India-based Juspay Technologies has raised $60 million in Series C funding in a round led by SoftBank Vision Fund 2, the company announced Wednesday (Dec. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...