Investments

Investments
Walmart Takes Part In $71M Funding Of Smart Lock Firm
October 16, 2019

Smart lock startup Level Home has raised over $71 million in funding from Walmart, Hut 8 Ventures, and home construction and real estate company Lennar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
2,000 Staff Getting Laid Off As WeWork Faces Collapse
October 15, 2019

WeWork will lay off at least 2,000 staff in the coming week — 13 percent of its 15,000 payroll — with thousands of more job losses expected to follow, the Guardian reported on Tuesday (Oct. 15). Get the Full Story Complete the form to unlock...

Investments
Paytm Poised To Raise $2B To Counter Rivals
October 14, 2019

India payment service Paytm has almost closed a deal to get $2 billion in a new financing round in preparation for competition with a slew of other payment services, including Facebook’s Libra and Flipkart’s PhonePe.  Get the Full Story Complete the form to unlock this...

Investments
Revolut Taps JPMC To Raise $1.5B For Global Expansion
October 14, 2019

U.K. FinTech company Revolut wants to raise as much as $1.5 billion so that it can expand globally. 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...

Investments
SoftBank Wants Control Of WeWork
October 13, 2019

The parent company of WeWork is at a junction after its initial public offering (IPO) tanked and its chief executive officer stepped down, Reuters reported on Sunday (Oct. 13) Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Cannabis Firms See Share Prices Nosedive
October 13, 2019

The public market for cannabis is off by more than 40 percent, despite the industry’s blazing forecast and enthusiastic quarterly reports, The Wall Street Journal (WSJ) reported on Saturday (Oct. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
SoftBank To Downshift Vision Fund Strategy Post-Uber, WeWork IPO Flops
October 11, 2019

SoftBank CEO Masayoshi Son is reportedly reconfiguring his strategy for investing with his latest Vision Fund due to the struggles of companies like Uber and WeWork. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Cash-Strapped WeWork Turns To SoftBank For Funding
October 11, 2019

WeWork needs to be financed by the end of November or it will run out of money. 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
Uber Losses Trigger $228M Write-Off At PayPal
October 09, 2019

PayPal lost $228 million in the third quarter partially due to Uber’s failure to make money, Bloomberg reported on Tuesday (Oct. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...