Investments

Investments
FDIC to Unveil Bank Fund to Invest in Underserved Communities
September 15, 2021

The Federal Deposit Insurance Corp. plans to unveil a new investment fund to give stakeholders a way to channel capital for banks and support minorities, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Grow Credit Raises $106M, Targets Financial Inclusion Via Subscription Model
September 15, 2021

Grow Credit, which is a Black-owned financial platform for credit building, has raised $106.3 million in a seed funding round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Neo Financial’s $64M Series B Funding Will Speed Growth
September 15, 2021

FinTech company Neo Financial on Wednesday (Sept. 15) announced that Valar Ventures had led its recently completed $64 million Canadian ($50.6 million) Series B fundraising round, bringing its total fundraising to $114 million Canadian (more than $90.6 million) after a recent Series A round. Get...

IPO
Acorns Preps for IPO by Naming David Hijirida President 
September 15, 2021

Acorns Grow Inc. has hired former Amazon.com Inc. executive David Hijirida as its new president ahead of the savings and investing startup’s initial public offering, which will be part of its merger with a blank-check company, according to a Bloomberg report on Wednesday (Sept. 15). ...

Investments
Persona Raises $150M for Customer Identity Infrastructure 
September 15, 2021

Customer identity infrastructure platform Persona on Wednesday (Sept. 15) announced the closure of a $150 million round of Series C fundraising, giving the firm $200 million in investment funding in the past six months.  Get the Full Story Complete the form to unlock this article...

IPO
Anti-Fraud Firm ClearSale Lands $254M From IPO
September 15, 2021

The fraud protection company ClearSale has raised $254 million through its July 30 initial public offering (IPO) on Brazil’s B3 stock exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
FinTech Startup Pagaya Could Go Public in $9B SPAC Deal
September 15, 2021

The FinTech Pagaya Technologies is mulling an initial public offering (IPO) via a merger with the special-purpose acquisition company (SPAC) EJF Acquisition Corp that would value the startup at roughly $9 billion, The Wall Street Journal reported on Wednesday (Sept. 15), citing sources. Get the...

Investments
LinkedIn Invests $25M to Help Creators Build Audiences
September 14, 2021

LinkedIn has debuted the LinkedIn Creator Accelerator Program, part of a $25 million investment to help creators of the business-based social media platform build their audiences and amplify their voices, according to a Tuesday (Sept. 14) announcement. Get the Full Story Complete the form to...

Investments
Corporate Gifting Platform Sendoso Snags $100M for Worldwide Growth
September 14, 2021

Sending platform Sendoso has raised $100 million in a Series C funding round, money that will be used to speed up its worldwide growth as well as help with hiring new employees and rolling out new products, according to a Tuesday (Sept. 14) press release....