Investments

Investments
FinTech Novo Grabs $40.7 Million To Fuel Growth
June 16, 2021

Novo, a financial technology company, has pulled in $40.7 million in venture capital. The FinTech focuses on digital banking for small to medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Home-Management Platform Thumbtack Raises $275 Million For Growth, Innovation
June 15, 2021

Home management platform Thumbtack has secured $275 million as an investment, according to a press release. The company is now valued at $3.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
US IPOs Reach Record $171 Billion Total In Just Over 5 Months
June 15, 2021

In fewer than six months, there has been a new record hit for U.S. initial public offerings (IPOs), U.S. News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fintech Investments
Advent Backs Brazilian FinTech EBANX In $430 Million Deal
June 15, 2021

Brazilian FinTech EBANX has captured a $430 million investment from Advent International. The Curitiba-based Ebanx said in a press release that $30 million would go toward its planned initial public offering (IPO) of stock. Get the Full Story Complete the form to unlock this article...

IPO
Amid Top Line Growth, Boxed SPAC Deal Hints At Online Grocers’ Profit Challenge
June 15, 2021

For eCommerce firms focusing on groceries: The online sales are there, to be sure, but it’s the logistics and fulfillment that stand as pain points on the way to positive operating metrics. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Wholesale Fashion Platform JOOR Raises $46 Million
June 15, 2021

Wholesale fashion platform JOOR has notched $46 million in a Series D funding round led by Macquarie Capital Principal  Finance, with participation from previous backers ITOCHU Corporation, Battery Ventures and Canaan Partners.  Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Used Smartphone Reseller ecoATM Nets $75 Million For Expansion
June 14, 2021

EcoATM Gazelle, the global smartphone and mobile device reCommerce company, has raised $75 million in new growth equity from existing investor Cowen Sustainable Advisors, a press release said Monday (June 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
India’s Flipkart Valuation May Reach $40 Billion With A Possible Abu Dhabi $500 Million Investment
June 14, 2021

ADQ, the Abu Dhabi sovereign fund, could invest $500 million in India-based Flipkart, Bloomberg reported. 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 our daily newsletter,...

Investments
Stripe Sees Boom In Investor Interest
June 14, 2021

Payments company Stripe has begun offering investors the opportunity to snatch up substantial stakes in the company from existing shareholders, The Wall Street Journal reported Monday (June 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...