Investments

Investments
Ribbit Capital Invests in Indonesian Digital Bank, Bank Jago 
October 04, 2021

Venture capital firm Ribbit Capital recently bought a minority stake in a Jakarta-based digital bank Bank Jago, the country’s first fully digital bank, according to a report Monday (Oct. 4) by The Straits Times.  Get the Full Story Complete the form to unlock this article...

IPO
AP Firm AvidXchange Looks at $506M IPO
October 04, 2021

The accounts payable (AP) solution AvidXchange Inc. is looking to go public with a half-billion-dollar IPO. 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...

Investments
Last-Mile Lender Progcap Closes $30M Series C Funding Round
October 04, 2021

Last-mile FinTech lender Progcap closed a $30 million Series C funding round led by existing investor Tiger Global Management and new backer Creation Investments, with additional participation from Sequoia Capital India, according to a press release on Monday (Oct. 4). Get the Full Story Complete...

Investments
eCommerce Startup Merama Closes $225M Series B Round
October 01, 2021

The Latin American eCommerce startup Merama has raised $225 million in Series B funding, bringing the value of its direct-to-consumer (D2C) financing business to close to $850 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
SPAC Listing Activity Picks Up As September Draws to Close
October 01, 2021

Special purpose acquisition company (SPAC) deals have resurged, just a bit, in recent days, closing out September in a month that saw more traditional initial public offerings (IPOs) dominate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Indian Hotel Chain Oyo Preps $1.1B IPO
October 01, 2021

Oyo, the Indian hotel chain backed by SoftBank’s Vision Fund, plans to raise $1.16 billion (or 84.3 billion rupees) through an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
B2B Payments Platform Verto Raises $10M
September 30, 2021

The B2B payments platform VertoFX says it has raised $10 million in Series A funding to help expand the list of currencies on its platform. The London and Nigeria-based company allows small and medium-sized businesses to pay suppliers, focusing on emerging markets. Get the Full...

Investments
London FinTech TransferGo Raises $50M in Series C for Digital Payments
September 30, 2021

Money transfer startup TransferGo raised $50 million in a Series C funding round led by Elbrus Capital Fund III and Black River Ventures, according to reports on Thursday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
SoftBank-Backed ContractPodAi Notches $115M for AI-Powered Legal Platform
September 30, 2021

Legal tech platform ContractPodAi has raised $115 million in a Series C funding round led by SoftBank Vision Fund 2, according to a press release on Thursday (Sept. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...