Investments

Investments
Metaverse Platform Zepeto Value Tops $1B With $150M SoftBank Investment
November 30, 2021

Fueled by a $150 million investment from Japanese investment company SoftBank, the virtual world of Zepeto is now worth more than $1 billion, according to a Tuesday (Nov. 30) Wall Street Journal report. Get the Full Story Complete the form to unlock this article and...

IPO
Buffett-Backed Nubank Cuts Down IPO Price
November 30, 2021

Brazilian digital bank Nubank has reduced the target price of its American stock market debut by about 18% amid a worldwide tech stock selloff that’s impacting initial public offerings (IPOs) as the year winds down, Reuters reported Tuesday (Nov. 30). Get the Full Story Complete...

Investments
CloudTrucks Raises $115M in Series B Funding Round
November 30, 2021

Trucking operations software company CloudTrucks on Tuesday (Nov. 30) announced it wrapped up a Series B fundraising round that brought in $115 million, bringing the company’s valuation to $850 million, according to a Forbes report. Get the Full Story Complete the form to unlock this...

IPO
India’s Snapdeal Prepping for $250M IPO
November 30, 2021

The Indian online retail giant Snapdeal is preparing to go public through an IPO of as much as $250 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
YouTrip Raises $30M, Plans To Enter B2B Market  
November 30, 2021

Singapore’s YouTrip has raised $30 million in a Series A funding round, money the payments startup says it will use to enter the B2B payments market, per a Tuesday (Nov. 30) company blog post.  Get the Full Story Complete the form to unlock this article...

Investments
iMile Delivery Grabs $40M for Global Expansion 
November 30, 2021

Dubai-based delivery company iMile founder and CEO Rita Huang on Tuesday (Nov. 30) said the company has wrapped up a $40 million Series A funding round at a $350 million valuation, marking the largest fundraising effort of its kind by a woman in the region. ...

IPO
Pandemic Concerns Could Dampen Wall Street Enthusiasm for Grab IPO
November 30, 2021

Grab is going public on Thursday (Dec. 2), and we’ll see what the appetite is here in the U.S. for the super-app that is focused (for now) on Southeast Asia — and, by extension, platforms that offer a broadening array of services. Get the Full...

SPAC
Grab Readies for Dec. 2 Nasdaq Opening
November 30, 2021

Delivery giant and superapp Grab is getting ready to make its Nasdaq debut under the ticker GRAB on Thursday (Dec. 2) during a livestreamed bell-ringing ceremony in Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
UK FinTech Thought Machine Raises $200M at $1B Valuation
November 29, 2021

U.K. FinTech startup Thought Machine raised $200 million in a Series C funding round at a valuation estimated in excess of $1 billion to bring legacy banks worldwide to the cloud, the company said in a press release emailed to PYMNTS. Get the Full Story...