Snowball Finance Beijing Internet Information Technology Co., an online financial information and social network portal backed by Ant Group, is looking into a $300 million American IPO, Bloomberg News reported Friday. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Shift Technologies, which provides artificial intelligence (AI)-powered decision automation and optimization solutions for insurance companies, has closed a Series D funding round of $220 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The FinTech startup Remitly is taking steps toward an initial public offering (IPO) in New York that could give the remittance platform a $5 billion valuation, WTBV reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Sweden-based Einride has raised $110 million to fund the development and use of electric, autonomous trucks, the company announced in a Tuesday (May 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
April was another strong month for global venture funding, with venture capital and growth investors putting up $48 billion. That makes April the second-highest month on record for investment in private companies, according to data from Crunchbase. Get the Full Story Complete the form to...
ReCharge, which handles subscription services for other companies, has raised $277 million in venture capital, pegging its valuation at $2.1 billion, the company announced in a Thursday (May 6) press release. Investors in the Series B round include Summit Partners, Iconiq Growth, and Bain Capital Ventures. Get the...
Singapore eCommerce brand aggregator Rainforest has raised $36 million in a seed funding round that included $6.5 million in equity financing, The Edge Singapore reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wall Street’s top regulator is looking into whether or not there may need to be rules leveled against brokerage apps that gamify stock trading, The Wall Street Journal (WSJ) wrote on Wednesday (May 5). Get the Full Story Complete the form to unlock this article...
Krispy Kreme confidentially submitted paperwork with the Securities and Exchange Commission (SEC) for an upcoming initial public offer (IPO). The company, owned by JAB Holding Company, was acquired by the German investment conglomerate in 2016 in a $1.35 billion deal, taking the company private 16...
