Investments

Investments
Banking Platform Synctera Raises $33 Million
June 02, 2021

The partnership banking platform Synctera announced a $33 million Series A funding round on Wednesday (June 2), bringing the startup’s total funding to $45.4 million since its launch in late 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
SoftBank In Funding Talks With Dubai Cloud Kitchen Platform Kitopi
June 02, 2021

SoftBank’s Vision Fund 2 is in talks to invest in Dubai cloud kitchen Kitopi’s latest funding round, Reuters reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Shippo Hits Unicorn Status With $50 Million More In Venture Funding
June 02, 2021

Shipping platform Shippo said on Wednesday (June 2) that it has raised $50 million in new funding. The company said in a blog post that this funding round values Shippo at $1 billion. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Supply Chain Platform project44 Raises $202 Million, Becomes Unicorn
June 01, 2021

Supply chain technology startup project44 has closed a Series E funding round with $202 million, according to a company blog post. The company is now valued at $1.2 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Belvo Nets $43 Million In Series A Financing To Expand Open Finance Platform In LatAm
June 01, 2021

Latin American open banking platform Belvo has raised $43 million in a Series A funding round, according to a company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
European Insurance Unicorn Wefox Notches $650 Million At $3 Billion Valuation
June 01, 2021

Berlin-based digital insurance company wefox has landed $650 million in financing, giving the a firm a valuation of $3 billion, according to a Tuesday (June 1) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
German Freight Forwarder Sennder Raises $80 Million At $1 Billion Valuation
June 01, 2021

German freight-forwarding startup sennder raised an additional $80 million in its January Series D funding round, bringing the total to $240 million at a valuation of more than $1 billion.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Krispy Kreme Files For IPO Amid ‘Indulgence’ Growth
June 01, 2021

Doughnut chain Krispy Kreme announced Tuesday (June 1) that it had filed paperwork for its proposed initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The so-called S-1 filing follows a draft filed in early May, and comes on the heels of...

IPO
Possible Porsche IPO Could Put Carmaker In Family Hands, Report Says
May 31, 2021

The Porsche and Piech families, which are in control of the largest Volkswagen shareholder, are ready to take a direct stake in Porsche AG, U.S. News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...