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...
Story- and conversation-hosting website Reddit‘s valuation has surged to $6 billion with a $250 million investment the company announced on Monday (Feb. 8). “We decided that now was the right opportunity to make strategic investments in Reddit, including video, advertising, consumer products and expanding into...
Headless commerce technology provider Fabric landed $43 million in a Norwest Venture Partners-led Series A funding round, with additional participation from Sierra Ventures and Redpoint Ventures. The infusion will be used to speed up product development of its headless commerce platform, grow the Fabric workforce...
Mesh Payments, which works in corporate payment processing, has completed a financing round with $13 million, according to an emailed Tuesday (Feb. 9) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...