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....
Naspers, the South African company, is gearing up to spin off and list its Amsterdam internet assets in a new group that will include all of its $134 billion stake in Tencent Holdings, the Chinese technology giant. Get the Full Story Complete the form to unlock...
Abu Dhabi said Sunday (March 24) that it will invest as much as $272 million to go toward technology startups, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The former CEO of Uber, Travis Kalanick, has invested in a trucking and logistics startup some are calling “Uber for trucks.” Kalanick, along with Sequoia Capital, participated in a $7.6 million funding round for Kargo, according to reports. Get the Full Story Complete the form...
Payment platform Marqeta has raised $250 million in a series E funding round, on a valuation of about $1.9 billion, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Point, a California-based home equity and finance company, has raised $122 million in financing, $22 million of which came from a Series B funding round spearheaded by DAG Ventures and Prudential Financial, according to reports. Get the Full Story Complete the form to unlock this...
Starbucks announced Wednesday (March 20) it is investing $100 million in the new Valor Siren Ventures fund, which aims to invest in the next generation of food and retail startup tech companies. Get the Full Story Complete the form to unlock this article and enjoy...
Opendoor, the startup that operates an online platform for buying and selling homes, has raised $300 million, giving it a valuation of $3.8 billion. According to a report, it was previously expected the startup would raise $200 million with a valuation of $3.7 billion. Get the...
