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...
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...
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...
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...
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...
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...
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...
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...
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...