Investments

IPO
Flywire Could Go Public With $3 Billion Valuation This Year
January 25, 2021

Payment processor Flywire Corp. has tapped investment banks to gear up for an initial public offering (IPO) in 2021 that could provide the firm with an approximately $3 billion valuation, Reuters reported, citing unnamed sources. Get the Full Story Complete the form to unlock this...

Investments
French BNPL Startup Alma Notches $59.4M in Series B Funding
January 25, 2021

French buy now, pay later (BNPL) startup Alma closed a 49 million euro ($59.4 million) Series B funding round, TechCrunch reported on Monday (Jan. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Goalsetter Raises $3.9 Million In Seed Round Led By Astia, NBA Stars
January 25, 2021

FinTech startup Goalsetter has raised $3.9 million in a seed round led by Astia, with additional participation from NBA superstars Kevin Durant of the Brooklyn Nets, Phoenix Suns guard Chris Pau and others, CNBC reported Monday (Jan. 25). Get the Full Story Complete the form to...

IPO
Sweden’s Trustly Is Latest FinTech To Test IPO Waters
January 25, 2021

The Swedish FinTech Trustly is readying up an initial public offering (IPO) for the Stockholm market that could value the company at as much as $11 billion, or 9 billion euros. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Reports Say Grab Will Tap Morgan Stanley, J.P. Morgan For IPO
January 25, 2021

Southeast Asia’s ride-hailing and delivery behemoth Grab chose Morgan Stanley and J.P. Morgan Chase to underwrite a possible $2 billion initial public offering (IPO), Bloomberg reported on Monday (Jan. 25), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
AMC Dodges Bankruptcy With $917 Million Capital Infusion
January 25, 2021

Struggling movie theater chain AMC Entertainment Holdings has dodged bankruptcy by raising $917 million in new equity and debt capital, a move it says should allow it to stay in business “deep into 2021.” Get the Full Story Complete the form to unlock this article...

Investments
Foreign Companies Abandon US Investments In Favor Of China
January 25, 2021

Global foreign direct investment (FDI) fell 42 percent in 2020, and the pandemic will continue to affect it this year, a report from UNCTAD says, as China reaps more foreign money than the U.S. Get the Full Story Complete the form to unlock this article...

Investments
Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas
January 22, 2021

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
TransferWise Appoints Goldman Sachs, Morgan Stanley For London IPO
January 21, 2021

British payments group TransferWise will file its anticipated initial public offering (IPO) with joint coordinators Goldman Sachs and Morgan Stanley, two of the biggest U.S. banks, Sky News reported on Thursday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy...