Investments

IPO
MobiKwik Moving Forward with Indian IPO 
October 11, 2021

Indian digital wallet and payments startup MobiKwik now has the blessing of markets regulator Securities and Exchange Board of India (Sebi) for an initial public offering. The company plans to raise up to Rs 1,900 crore ($252,000) through the effort, according to a Business Standard...

IPO
Indian Merchant Commerce Platform Pine Labs Eyes $1B IPO
October 11, 2021

Merchant commerce platform Pine Labs is eyeing an initial public offering (IPO) on Nasdaq and is looking to raise as much as $1 billion with primary and secondary stake sales, Mint reported on Monday (Oct. 11), citing unnamed sources. Get the Full Story Complete the...

Investments
EarnWealth Grabs $500K in Pre-Series Funding
October 11, 2021

Social commerce FinTech startup EarnWealth recently raised Rs 3.5 crore ($500,000) in Pre-Series A funding at a valuation of Rs 50 crore (more than $6.6 million), according to a YourStory report on Monday (Oct. 11). Get the Full Story Complete the form to unlock this...

Investments
Tiger Global Leads $15M Funding in Nigerian Open Banking Startup Mono
October 11, 2021

Open banking startup Mono raised $15 million led by Tiger Global, with participation from existing investors Entree Capital, Lateral Capital, GPIC, Acuity VC and Ingressive Capital, and new backers Target Global, General Catalyst and SBI Investment. Get the Full Story Complete the form to unlock...

Investments
India’s CRED Wants to Reach $5.5B Valuation
October 11, 2021

Six months after a funding round that put its valuation at $2.2 billion, India’s CRED is hoping to double that figure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
ConsenSys Crypto Investors Include JPMorgan, Mastercard, With $3B Valuation
October 10, 2021

Ethereum blockchain software company ConsenSys could be on the brink of closing a funding deal that would give the company a valuation of $3 billion, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Judo Bank Sees Strong Investor Interest for $1.7B Sydney IPO
October 10, 2021

Judo Bank, an Australian challenger bank centered on providing loans to small and medium-sized enterprises, is aiming to raise around A$653 million, or about $477 million, in its initial public offering (IPO) in Sydney, according to a Bloomberg report on Sunday (Oct. 10). The company...

SPAC
Amazon Aggregator Thrasio Cancels SPAC Plans Amid Leadership Shakeup
October 09, 2021

Thrasio, a consumer goods company working on omnichannel commerce and an aggregator of third-party Amazon sellers, is pushing off its special-purpose acquisition company (SPAC) merger plans as the company fights to overcome changes on its leadership team, according to a CNBC report on Friday (Oct....

Investments
BaaS Startup Productfy Notches $16M Led by CM Ventures
October 08, 2021

Banking-as-a-service startup Productfy raised $16 million in a Series A funding round led by CM Ventures, with participation by existing investors Point72 Ventures, 500 Startups and Envestnet Yodlee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...