Investments

IPO
49% of 2021 High Profile IPOs Trading at Below Listing Price
November 29, 2021

The companies that raised $1 billion for IPOs in 2021 aren’t doing so well — half of them have been trading below their listing prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
British Used Car Website Carzam Nets Almost $150M in Funding
November 28, 2021

Carzam, the used car site, has raked in £112 million toward its business to keep selling used cars, a report from The Telegraph says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Indian FinTech Slice Hits Unicorn Status with $220M Funding Round
November 28, 2021

Slice, the India-based FinTech providing credit cards, has become a unicorn as of a new $220 million Series B, which values the company at over $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Gearing up for IPO, MOD Pizza Looks to Voice Commerce, Data Analytics
November 24, 2021

Pizza chains, which typically relied heavily on off-premise sales even before quarantine, have been at the forefront of the restaurant industry’s digital shift. Now, Seattle-based fast-casual chain MOD Pizza, which has hundreds of locations across 29 states, is looking to parlay the learnings of the...

SPAC
Bitcoin Miner Griid Infrastructure Could Go Public via SPAC
November 24, 2021

Bitcoin miner Griid Infrastructure is negotiating with blank-check firm Adit EdTech Acquisition Corp. about a possible special purpose acquisition company (SPAC) merger that would value the company at more than $3 billion, Bloomberg reported Wednesday (Nov. 24), citing anonymous sources. Get the Full Story Complete...

Investments
UK Investing App Freetrade Surpasses Fundraising Goal By 800% in First Day of Crowdfunding
November 24, 2021

U.K. investing app Freetrade exceeded its fundraising goal by more than 800% in its first of seven days of fundraising on crowdfunding platform Crowdcube, pulling in more than 8.1 million pounds ($10.8 million), according to Freetrade’s investment page. More than 6,100 investors have contributed investments,...

IPO
Paytm’s October Metrics Might Give Legs to Bounce Back From Busted IPO 
November 24, 2021

Paytm’s journey back from busted initial public offering (IPO) status may be more a marathon than sprint. 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...

Investments
Visa Invests in Open Banking Platform Basiq
November 24, 2021

Australia-based open banking platform Basiq will use an investment from Visa to step up its API efforts, according to a Wednesday (Nov. 24) blog post on the company’s website. The amount of the investment was not disclosed.  Get the Full Story Complete the form to...

Fintech Investments
Investor Interest in SEA FinTech Sparked by Mobile Shopping, Payments
November 24, 2021

Investor interest in FinTechs in Southeast Asia (SEA) has brought in a record amount of funding, prompted by the pivot to digital-first shopping, payments and money transfers, Financial Times reported on Wednesday (Nov. 24). Get the Full Story Complete the form to unlock this article...