Investments

IPO
Digital Wallet Startup MobiKwik Seeks $300M In IPO
July 09, 2021

One MobiKwik Systems Pvt is inching closer to an initial public offering in Mumbai, India, that could raise about $300 million, sources told Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
London & Partners Acting CEO: Payments ‘Clarity’ Aids In Record First-Half Haul For FinTechs
July 09, 2021

Is London’s FinTech scene bigger than the Beatles? That’s an unequivocal “no,” but the playful comparison can be forgiven in light of London’s rise as an epicenter of FinTech activity. The city is awash in venture capital (VC) seeking unicorns — but not the type...

Investments
SoftBank Looks To Back India’s Biggest Digital Pharmacy Chain
July 09, 2021

SoftBank Group is in talks to back API Holdings, parent company to PharmEasy, the biggest digital drugstore chain in India, Bloomberg reported on Friday (July 9), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Ride-Hailing App Ola Prepares For $500M IPO
July 09, 2021

Ola, the Indian ride-hailing startup and one of Uber’s chief rivals, announced Friday it is raising $500 million ahead of an initial public offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
SoftBank Acquiring 10 Pct Stake In South Korea’s Yanolja Before US IPO
July 09, 2021

Japanese technology conglomerate SoftBank is in the midst of discussions to acquire a 10 percent stake in South Korean travel booking platform Yanolja ahead of the startup’s U.S. public listing, the Financial Times reported on Friday (July 9), citing sources. Get the Full Story Complete the form...

IPO
Report: Stripe Hires Attorney For IPO Prep
July 08, 2021

In hiring law firm Cleary Gottlieb Steen & Hamilton, popular digital payments processor Stripe is taking its first steps toward going public, U.S. News reported. The company was valued at $95 billion in a March funding round. Get the Full Story Complete the form to...

Investments
This Year Outpaces Last With Record Unicorns Amid Escalating Valuations
July 08, 2021

The second quarter of this year has seen a record number of unicorns — startups with valuations topping $1 billion — with venture capitalists investing an increasing amount of money following numerous epic public listings in the U.S., the Financial Times (FT) reported on Thursday...

IPO
Senators Ask SEC To Probe Didi IPO
July 08, 2021

The question on the lips of two senators is whether Didi Chuxing, a ridesharing giant that went public last week, misled American investors, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Thrive Market Mulls $2B IPO Amid Global Interest In eGrocery
July 08, 2021

Thrive Market, a Los Angeles-headquartered, membership-based online grocer that focuses on healthy and sustainable products, is considering going public. The eTailer has more than one million members and thousands of products. As Bloomberg reported Thursday (July 8), citing inside sources with knowledge of the matter,...