Investments

Investments
Spend Management Platform Clara Becomes Latam’s Fastest Unicorn
December 06, 2021

The Mexico City-based spend management platform Clara announced its launch in Brazil Monday (Dec. 6), an occasion marked by $70 million in new funding and a $1 billion valuation.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
UK’s Carwow Raises $55M to Expand Online Car Marketplace
December 06, 2021

Fueled by the pandemic, digital car sales are still going strong. On Monday (Dec 6.), London-based online car marketplace Carwow announced that it has secured $55 million in new funding, as it looks to take on rivals in the new and used vehicle market. Get...

Investments
Smartphone Procurement Firm everphone Raises $200M 
December 06, 2021

The German phone-as-a-service provider everphone has raised $200 million in new funding, money the company says it will use to expand its efforts in Europe, with an eye towards a launch in the U.S., according to a Monday (Dec. 6) press release. Get the Full...

Investments
Carwow Drives $55M in Funding
December 06, 2021

In a drive to speed up technology and platform advancement, London-based online vehicle marketplace Carwow has secured $55 million in investments from Hercules Capital, according to a Monday (Dec. 6) report from UK Tech.  Get the Full Story Complete the form to unlock this article...

Investments
Kohl’s Urged to Sell Company or Spin off eCommerce Business
December 05, 2021

Kohl’s, the second-largest U.S. department store chain, has been urged by activist investors to either sell itself outright or consider a spin-off of its eCommerce division in a bid to boost its stock price. Get the Full Story Complete the form to unlock this article...

IPO
You Don’t Have to Dig Very Deep Into DiDi’s Delisting to Find the Awkward Truth
December 03, 2021

There is a game that generations of American kids play when they go to the beach that goes something like this: If we dig deep enough, I wonder if we can make it all the way to China? Get the Full Story Complete the form...

SPAC
Amex Global Business Travel to Go Public in SPAC Deal
December 03, 2021

American Express Global Business Travel is getting ready to list on the New York Stock Exchange through a business combination deal with special purpose acquisition company (SPAC) Apollo Strategic Growth Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Grab Loses a Fifth of Share Value on Day One as Public Company
December 02, 2021

Grab has seen its shares lose over a fifth of their value on its first day in trading in New York, per a Wall Street Journal (WSJ) report Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Lamaa Gets Investment in Series A From Wa’ed for SMB Digitization
December 02, 2021

Wa’ed, the entrepreneurship arm of Saudi Aramco, has invested in the Riyadh-based FinTech startup Lamaa, the companies announced Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...