Mastercard will invest 50 million euros in Berlin-based Jumia Technologies, an online retailer focused on Africa, before its initial public offering in New York, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Airbnb, the home sharing company, said Monday (April 1) it is investing in OYO Hotels & Homes, the India-based hotel booking company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Lyft, the ride-hailing startup that made its debut as a publicly traded company late last week, saw shares slump in Monday (April 1) trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Lyft shares had a strong debut on Friday (March 29), trading at $87.24, which is 20 percent higher than its IPO price of $72, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
San Francisco-based DocuSign has invested $15 million in Seal Software, a contract discovery and analysis startup, to help with the development of artificial intelligence (AI) that can read and analyze contracts, according to reports. Get the Full Story Complete the form to unlock this article...
FinTech startup Qupital announced that it has closed a $15 million Series A, led by CreditEase FinTech Investment Fund (CEFIF). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
MineralTree, an accounts payable and payment automation company, announced Wednesday (March 27) it closed a $50 million growth equity investment fundraising 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....
Ahead of the Shanghai Auto Show, Daimler is reportedly coming close to a deal to sell a stake in its small car division Smart to Geely Auto. An unnamed source claimed that the deal would be confirmed prior to the event in April, The Financial Times reported....
