Investments

IPO
Paytm Gets First ‘Buy’ Rating Following Rocky IPO 
December 02, 2021

The Indian super app Paytm received its first buy rating this week, following a less-than-stellar debut last month on the country’s stock exchange.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Crypto Startup Investors Bypass Asia in Favor of Backing US Firms
December 01, 2021

China’s crackdown on technology companies and cryptocurrencies has venture capitalists looking to back companies in the U.S. instead of Asia, a scenario that hasn’t happened since 2017, Bloomberg reported Wednesday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Cardless Payment Network Simpl Raises $40M to Grow BNPL in India
December 01, 2021

Cardless payment network Simpl closed a $40 million Series B funding round to expand buy now, pay later (BNPL) in India, according to a Wednesday (Dec. 1) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
China to Prohibit Foreign IPOs 
December 01, 2021

China intends to remove a technicality that permitted the country’s tech sector from raising overseas investments by prohibiting companies from making an initial public offering (IPO) on foreign stock markets through variable interest entities, according to a Wednesday (Dec. 1) Bloomberg report.  Get the Full...

Investments
Israeli FinTech Startup Anchor Closes $15M Seed Round
December 01, 2021

Autonomous billing platform Anchor closed a $15 million seed funding round led by Rapyd Ventures, Entrée Capital, and Tal Ventures, according to a press release on Wednesday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Saudi Food Delivery Platform Jahez to Go Public 
December 01, 2021

Saudi-based food delivery startup Jahez is readying its initial public offering (IPO) on the Saudi stock exchange, according to a Wednesday (Dec. 1) press release.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Australian Mr. Yum Savors Historic $89M Series A 
December 01, 2021

The mobile ordering and payments startup Mr. Yum has raised $89 million in a Series A funding round, which the Australian company says is a milestone for two reasons.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

SPAC
CompoSecure to Go Public via SPAC Merger With Roman DBDR
November 30, 2021

Roman DBDR, a special purpose acquisition company (SPAC), has announced Dec. 23 as the date for considering a business combination with CompoSecure to take it public, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Borderless Capital Debuts $500M Fund for DeFi, NFT Investments Built on Algorand Blockchain
November 30, 2021

Borderless Capital will be debuting a new $500 million fund to develop projects built on the Algorand blockchain, CoinDesk reported. The fund is called ALGO Fund II. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...