Investments

Investments
Singapore’s Credify Raises $1M To Expand Into Southeast Asia
February 18, 2020

Software development company Credify, based in Singapore, has raised $1 million in a seed funding round from SoftBank-backed artificial intelligence (AI) incubator Deepcore, as well as Beenext, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Chinese Investors’ $1.4B Into Indian Startups Prompts Questions
February 17, 2020

Venture capitalists in China are putting record levels of money into tech startups in India, raising questions about the ability of the geopolitical rivals to work cooperatively, the Financial Times (FT) reported on Monday (Feb. 17). The geopolitical rivalry and “frosty relations” between the two countries...

Investments
Buffett’s Berkshire Hathaway Buys Stake In Kroger
February 16, 2020

Berkshire Hathaway’s new investment in Kroger sent shares soaring Friday (Feb. 14), CNN reported. 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
SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm
February 16, 2020

SoftBank will add $1 billion this year to its $5 billion Latin America Fund introduced in 2019, adding to last year’s $1.6 billion, Bloomberg reported on Friday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
February 16, 2020

Rakuten, the Japanese eCommerce conglomerate, has sold billions of dollars’ worth in shares, including the entirety of its stake in Pinterest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Toast Raises $400M In Series F Fundraise
February 14, 2020

Restaurant management platform Toast unveiled a $400 million Series F funding round led by Bessemer Venture Partners, Greenoaks Capital, Tiger Global Management and TPG. Also participating were TCV, Durable Capital Partners LP, G Squared, Light Street Capital, Alta Park Capital, funds and accounts advised by...

Investments
Indian Social Commerce Site Simsim Raises $16M
February 14, 2020

Simsim, an Indian social commerce site, has raised over $16 million through seed and Series A and Series B rounds, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Wells Fargo Invests $5M In Blockchain Analysis Startup Elliptic
February 13, 2020

Wells Fargo Strategic Capital (WFSC) is backing the London-based blockchain analysis firm Elliptic with a $5 million investment, bringing the startup’s Series B round to $28 million, Elliptic announced in a press release on Thursday (Feb. 13).  Get the Full Story Complete the form to...

Investments
Fenergo Lands $80M To Grow Banking Compliance Business
February 12, 2020

Fenergo, a Dublin-based FinTech startup that helps other banking organizations deal with regulatory compliance, onboarding and “lifecycle management,” has raised $80 million and has a valuation of $800 million, according to a report. Get the Full Story Complete the form to unlock this article and...