Investments

Investments
PingPong Plans EU Expansion After $113M Funding Round
June 10, 2019

Because of its reputation as a stable political and economic area, as well as a regulatory environment that’s favorable to outsiders, many foreign companies have chosen Luxembourg as an entry point into Europe. Get the Full Story Complete the form to unlock this article and...

Investments
Vectra Secures $100M With AI-Driven Tech
June 10, 2019

A seven-year-old cloud security company that utilizes artificial intelligence (AI) to find network intrusions has raised $100 million in a Series E funding round led by TCV, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Corporate Cash Holdings Declined In 2018
June 10, 2019

U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and capital spending. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Synapse Raises $33M As It Gears Up To Expand
June 07, 2019

Synapse, the startup that enables bank and FinTechs to create digital financial services, raised $33 million in venture funding. 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...

Investments
Depop Raises $62M To Expand Tech, US Presence
June 07, 2019

Depop, the U.K. startup that operates an app where individuals sell items on social feeds, has raised $62 million in venture funding. According to a report, the Series C round was led by General Atlantic. Additional investors included HV Holtzbrinck Ventures, Balderton Capital, Creandum, Octopus...

Investments
Thumbtack Aims To Raise $120M In Funding Round
June 07, 2019

Gig economy marketplace Thumbtack is looking to raise up to $120 million in a Series H funding round. 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
Teen Banking App Startup Gets $22.5M In Funding
June 06, 2019

Step, a finance startup aimed at teens, has raised $22.5 million in a funding round led by Stripe, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Despite Small Gains, Retail Stocks Could See Downturn In Future
June 05, 2019

The XRT, which keeps track of activity for the biggest retail companies, is having the worst month in 10 years, as the sector fell an estimated 13 percent in May. CNBC reported that, on Tuesday (June 4), retail was up — gaining close to 3...

Investments
GuardKnox Secures $21M To Boost Cybersecurity For Connected Cars
June 04, 2019

Automotive cybersecurity company GuardKnox announced it has secured $21 million in a Series A round of funding, bringing its total raised to $24 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...