Investments

SPAC
Payments Platform Corcentric Valued at $1.2B in SPAC Merger
December 10, 2021

The B2B commerce solutions platform Corcentric is set to go public in a special purpose acquisition company merger that will value the firm at $1.2 billion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

SPAC
Gensler Seeks SPAC Investor Protection Recommendations From SEC Staff
December 09, 2021

Securities and Exchange Commission (SEC) Chair Gary Gensler seems poised to start regulating blank check companies with a new spate of cases against them from authorities, the Financial Times (FT) reported Thursday (Dec. 9). Get the Full Story Complete the form to unlock this article...

Investments
Rho Grabs $75M in Series B Funding Round
December 09, 2021

Financial services platform Rho on Thursday (Dec. 9) announced the conclusion of a Series B fundraising round that brought in $75 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Nubank’s Debut, Grab’s Slump Dominate Year-End Listings as 2021 IPOs Limp to the Finish Line
December 09, 2021

By all accounts 2021 stands as a strong year for equities. 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...

IPO
Nubank Goes Public at $41.5B Valuation with LatAm Growth on Horizon 
December 09, 2021

Brazilian FinTech Nubank’s valuation is up to $41.5 billion — higher than the country’s largest bank, Itaú Unibanco — as its initial public offering (IPO) makes its Wall Street debut, according to a Financial Times report Thursday (Dec. 9).  Get the Full Story Complete the...

Investments
Tradeshift Looks to Grow Following $200M Investment 
December 09, 2021

The automated accounts payable and invoicing platform Tradeshift has secured more than $200 million in funding and debt from a group of investors that included Koch Industries.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Payments Gateway ConnexPay Nets $20M to Expand in Europe, Online
December 09, 2021

Payments gateway ConnexPay raised $20 million in a Series B funding round led by card issuing platform Marqeta, according to a press release emailed to PYMNTS on Thursday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
SaaS Startup Mambu Closes €235M Funding Deal at €4.9B Valuation
December 09, 2021

Software-as-a-service (SaaS) banking platform Mambu raised €235 million in Series E funding round led by EQT Growth, bringing its valuation to €4.9 billion and making it one of the highest-valued B2B SaaS companies founded in Europe, according to a press release on Thursday (Dec. 9)....

Investments
Private Equity Firm Accel-KKR Invests in Entersekt to Boost Device Authentication, Security
December 09, 2021

Entersekt, which works in device identity and authentication, has seen an investment from Accel-KKR, which works in private equity, the companies announced Thursday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...