Investments

Investments
InComm Invests In Earned Wage Access Firm Instant Financial
July 20, 2021

The payments FinTech InComm Payments announced on Tuesday (July 20) that it is investing in Instant Financial, a company that provides fee-free earned wage access (EWA) solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Fabric Notches $100M In Series B To Expand eCommerce Platform
July 20, 2021

Fabric, a headless eCommerce platform, has raised $100 million in Series B funding led by Stripes, with additional participation from B Capital Group, Greycroft along with existing investors, including Norwest Venture Partners, Redpoint Ventures and Sierra Ventures, according to a news release emailed to PYMNTS. Get the Full...

Investments
Swiggy To Invest In Instamart After $1.25B Funding Round
July 20, 2021

Online grocery ordering is here to stay, so says food delivery app Swiggy. The India-based startup company’s hyperlocal grocery service Instamart will receive a sizable boost in funding after Swiggy’s most successful round to date drew in $1.25 billion, according to The Economic Times. Get...

Investments
Delivery Startup Jokr Raises $170M In Series A
July 20, 2021

Global instant grocery and retail delivery startup Jokr raised $170 million in a Series A funding round led by GGV Capital, Balderton Capital and Tiger Global Management, with additional participation from Greycroft, Kaszek, Monashees, Activant Capital, HV Capital and FJ Labs. Get the Full Story Complete the...

Investments
Online Eyewear Retailer Lenskart Nets $220M, Highlighting Tech Boom In India
July 19, 2021

Lenskart, which specializes as an online retailer for eyewear, has raised $220 million from investors, a LiveMint report says. 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...

IPO
PropertyGuru To Go Public Via Blank Check Merger
July 19, 2021

PropertyGuru, the Singapore-based online real estate firm, will be going public via special purpose acquisition company (SPAC), a Bloomberg report said Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
InsurTech Kin Going Public At $1B Value Via SPAC Merger 
July 19, 2021

Insurance technology (InsurTech) company Kin is merging with the special purpose acquisition company (SPAC) Omnichannel Acquisition Corp. to go public on the NYSE under the ticker symbol “KI.” The combined entity will be called Kin Insurance and will be valued at an estimated $1.03 billion....

Investments
Space Tech Sees Investment Boost With Billionaire Space Missions
July 19, 2021

Space tech companies, seeing a boost in capital from billionaires’ space adventures as of late, have raised a record-shattering $3.6 billion in the first six months of 2021, Bloomberg reported Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
D2C eCommerce Platform GlobalBees Notches $150M Series A
July 19, 2021

India’s direct-to-consumer (D2C) investment platform GlobalBees raised $150 million in a Series A funding round led by FirstCry, with additional participation by Lightspeed Venture Partners, the Economic Times reported on Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...