Investments

Investments
SMB Lender Konfio Hits $1.3B Valuation Following $110M Fundraise
September 29, 2021

With the close of an extended $110 million Series E funding round, small- to medium-sized business (SMB) financial services startup Konfío is now a Mexican unicorn valued at $1.3 billion, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Insurance FinTech Buckle Nets $60M in Series B Funding Round
September 29, 2021

Buckle Corp, an insurance and credit provider for rideshare and delivery drivers and those who earn less than the average American wage, announced on Wednesday (Sept. 29) it raised $60 million through a Series B funding round. The round was led by Volery Capital Partners with contributions...

IPO
All Eyes on D2C Darling Warby Parker as Trading Opens Amid Wide Losses
September 29, 2021

Eyewear retailer Warby Parker’s direct listing begins trading on the New York Stock Exchange (NYSE) on Wednesday (Sept. 29) at an assigned reference price of $40 per share that could give the direct-to-consumer (D2C) firm a valuation as high as $5 billion, according to reports. Get...

Investments
FinTech Startup Highnote Nets $54M in Funding
September 28, 2021

Highnote, the all-in-one platform for creating payment cards and embedded FinTech experiences to help small and medium-sized businesses grow, on Tuesday (Sept. 28) announced it has raised a combined $54 million from a Seed and Series A round. Get the Full Story Complete the form...

Investments
InsurTech Cover Genius Nails AUD $100M Series C Funding Round
September 28, 2021

InsurTech startup Cover Genius raised AUD $100 million in a Series C funding round led by Sompo Holdings with participation from G Squared and other existing investors, the company said in a press release emailed to PYMNTS on Tuesday (Sept. 28). Get the Full Story...

IPO
Inside Remitly: Five Things to Know About the Newly Listed Money Transfer FinTech
September 27, 2021

Global remittance startup Remitly has made its trading debut on the Nasdaq under the ticker RELY, raising about $300 million through its IPO, which was priced at $43 — slightly above the previously announced expected range of $38 to $42. Get the Full Story Complete...

Investments
Investors Take $122M Gamble on London-Based DICE Ticketing Platform  
September 27, 2021

London-based mobile ticketing platform DICE netted $122 million from a recent funding round, driving the company’s valuation to $400 million, according to a Monday (Sept. 27) Financial Times report. The funding round was led by SoftBank, as well as a former Apple and Nest executive,...

SPAC
SPAC Frenzy Fizzles as Redemptions Surge
September 27, 2021

Redemption rates are rising on investments in special-purpose acquisition companies (SPACs), a sign that taking startups public this way has seen its heyday, Financial Times reported on Monday (Sept. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Alibaba Helps Fuel Ninja Van’s $1B-Plus Valuation
September 26, 2021

Singaporean logistics startup Ninja Van has reached unicorn status thanks to a $578 million Series E funding round, which included Chinese eCommerce giant Alibaba Group as an investor, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...