Investments

Investments
Long Island Iced Tea Becomes Long Island Blockchain; Stock Surges 300 Percent
December 22, 2017

Need more evidence that the cryptocurrency craze is taking a page from the dotcom boom of the early 1990’s? Check out Long Island Iced Tea Corp., which saw its stock surge Thursday (Dec. 21) after changing its name to Long Blockchain Corp. Get the Full...

Investments
JPMC Hops On Robo-Advisor Bus
December 21, 2017

JPMorgan Chase is launching a lower-cost online investment management tool this week: the robo-adviser. 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, PYMNTS...

Investments
Kasisto Lands $17M, Plans Expansion
December 14, 2017

Kasisto, the creator of KAI, the conversational artificial intelligence (AI) platform for finance, announced news on Wednesday (Dec. 13) that it raised $17 million in a Series B round of fundraising. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
PayPal, Accel Back Fraud Detection Startup, Simility
December 13, 2017

Simility, the fraud detection and risk management startup, has landed $17.5 million in funding. 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, PYMNTS...

Investments
Uber Ex-Employees Worry About Stock Value In Face Of SoftBank Investment
December 11, 2017

Uber employees are taking advantage of the rare opportunity to convert their paper shares of Uber into cold, hard cash as SoftBank, the Japanese technology giant, buys 17 percent of the ride-hailing app’s outstanding shares. Get the Full Story Complete the form to unlock this...

Investments
India’s Bigbasket Getting Even Bigger With Alibaba Investment
December 08, 2017

India’s biggest online supermarket Bigbasket is about to get even bigger. Chinese eCommerce giant Alibaba Group Holding Ltd. has said it will invest $200 million in the company, leading a $280 million funding round and garnering Alibaba a 25 percent stake in the startup. Get...

Investments
WorldRemit Lands $40M
December 08, 2017

Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of growth, bringing its total amount raised to $220 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
China’s Bike-Share Ofo Raises $1B
December 08, 2017

Ofo, the Chinese bicycle sharing company, has raised $1 billion or more from Alibaba, the Chinese eCommerce giant, and other investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Amid The Good (Stock Market) Cheer, Clouds Gather?
December 07, 2017

Nine years is a long time for anything to run — a TV show, your car, a bowling league — especially so the bull market that has stretched into the present day. Get the Full Story Complete the form to unlock this article and enjoy unlimited...