Grofers, an Indian online grocer, is looking at taking itself public in the U.S. by merging with a blank-check company. Such a move would be part of the intensifying trend of using such a special purpose acquisition company (SPAC). Get the Full Story Complete the...
Plus, formerly known as Plus.ai, which works in automated trucking, is done with a $200 million funding round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Rocket Internet Growth Opportunities Corp., a blank-check company whose management team includes members of Rocket Internet’s leadership, plans to go public on the New York Stock Exchange (NYSE) in a $250 million deal, according to a Form S-1 filing. Get the Full Story Complete the...
Electric vehicle startup Rivian Automotive, which counts Amazon and Ford Motor Company among its investors, is eyeing the possibility of a September initial public offering (IPO) at a $50 billion valuation, Bloomberg reported on Wednesday (Feb. 10), citing sources. Get the Full Story Complete the form...
Massachusetts-based Thrasio keeps bringing in the investor bucks. This time around, it’s $750 million in an “equity round” funded mostly by existing investors, including Oaktree and Advent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Banking-as-a-service (BaaS) startup Nymbus raised $53 million in a Series C funding round led by existing investor Insight Partners. 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...
Colin Kaepernick is leading a new special purpose acquisition company (SPAC) focused on social justice, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
London FinTech Monzo is looking to top up its Series G funding round by £50 million ($69 million) on a lower valuation, UK Tech News reported on Tuesday (Feb. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The multilingual neobank startup Fair raised $20 million in less than 40 days and is preparing to launch to the general public in April, with early bird memberships available in March, the company said in a press release on Tuesday (Feb. 9). The backers were...
