Investments

IPO
Lackluster Debuts Have Chinese Firms Delaying US Listings
May 24, 2021

The slowdown in initial public offerings (IPOs) has continued with at least three Chinese companies choosing to delay plans to list in the U.S., Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Fintech Investments
Star-Studded Green FinTech Aspiration Eyes Public Offering
May 24, 2021

Los Angeles FinTech startup Aspiration — backed by actors Robert Downey Jr., Leonardo DiCaprio and Orlando Bloom — is weighing the possibility of filing for a public listing, Bloomberg reported on Monday (May 24) citing sources. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Zeta Closes $250 Million SoftBank Funding At $1.5 Billion Valuation
May 24, 2021

Banking technology platform Zeta has raised $250 million in a Series C funding round backed by SoftBank Vision Fund 2, giving the startup a valuation of $1.45 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
SEC OKs Nasdaq Proposal To Allow IPO Alternative
May 23, 2021

The Nasdaq exchange is permitted to host direct listings of companies going public without involving investment banks under a new ruling by the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Startup Execs Back Away From SPACs After Stock, Earnings Slide
May 23, 2021

SPACs are losing some of their sparkle among the heads of startup companies, the Wall Street Journal reports. 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...

IPO
UK’s Auto Data Startup Wejo Eyes SPAC Deal
May 23, 2021

Automotive data startup Wejo, which is backed by General Motors (GM), could be going public soon through Virtuoso Acquisition Corp., a special purpose acquisition company (SPAC), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Deal Pipeline For Slumping IPOs And SPACs Suggests Rebound May Be Coming
May 21, 2021

The PYMNTS IPO/SPAC Tracker finds relatively muted announcements of public listings in the payments/financial services space, with a bit more than two dozen bank listings and a bit more than a dozen payment firm listings year to date. Get the Full Story Complete the form...

Investments
Japanese Farm-to-Table Platform Secai Marche Bags $1.5 Million
May 21, 2021

Farm-to-table platform Secai Marche, a Japanese startup, has hooked about $1.5 million in venture funding from Japan’s Rakuten Capital and Beyond Next Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
India’s MedPlus Plans IPO, Seeks $300 Million
May 21, 2021

MedPlus of India, an omnichannel retailer with over 1,800 stores, is planning an initial public offering (IPO) with a goal of raising 2,000 crore rupees, or about $300 million, Money Control reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...