Investments

IPO
Grab Shares Slide in Nasdaq Debut Following $40B SPAC Deal
December 02, 2021

Update: 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 Today. By completing this form, you agree to receive marketing communications from PYMNTS...

Investments
Express Delivery Startup Jokr Raises $260M at $1.2B Valuation
December 02, 2021

Instant grocery delivery startup Jokr closed a $260 million Series B funding deal that puts the company’s valuation at $1.2 billion, giving it unicorn status nine months after launching, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to...

Investments
Labor Resource Platform Shiftsmart Raises $95M
December 02, 2021

The labor-management resource Shiftsmart has raised $95 in a Series B round, funding the New York-based company will use for its software, which pairs hourly workers with open shifts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Swiggy Grows Instamart Express Grocery With $700M in Capital
December 02, 2021

Food delivery startup Swiggy is backing its express grocery delivery platform Instamart with $700 million of fresh capital, according to a statement on Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Goods Sourcing Platform Meru Raises $15M
December 02, 2021

Meru.com, a Mexico City-based platform that connects manufacturers to the supply chain, has raised $15 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Grab Goes Public as Super-App Competition in SE Asia Heats Up
December 02, 2021

Grab, the Singapore-based ride-hailing giant swiftly growing its footprint as a super app, is making its U.S. debut on the Nasdaq exchange today (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Hotel Engine Propels to Unicorn Status With $65M Investment
December 02, 2021

Denver-based Hotel Engine, a travel tech company focused on making lodging management easier for businesses, raised $65 million in Series B funding, the company announced on Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Mexican BNPL Platform Kueski Snags $202M
December 02, 2021

Mexican buy now, pay later (BNPL) firm Kueski on Thursday (Dec. 2) announced it had completed a $200 million equity and debt fundraising round that will help it expand the business, according to a Nasdaq report.  Get the Full Story Complete the form to unlock...

Investments
MercadoBitcoin.com Holding Company Snags $50M in Series B Funding 
December 02, 2021

Brazilian unicorn 2TM Group, the holding company for Latin American cryptocurrency exchange MercadoBitcoin.com on Tuesday (Nov. 30) announced the second end of a $50.3 million Series B fundraising round that also closed in July with a $200 million investment by SoftBank.  Get the Full Story...