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...
TripActions, a travel management company, has raised $155 million in a Series E funding round at an increased valuation of $5 billion, intending to help the travel world with a new travel and spend management program, the company announced in a Thursday (Jan. 21) blog...
TNG Digital, the venture launched by China’s Ant Group and Malaysia’s Commerce International Merchant Bankers (CIMB), is in talks to raise $150 million to fund expansion efforts, Reuters reported on Thursday (Jan. 21), citing four sources. Get the Full Story Complete the form to unlock...
Global investments in healthcare startups set a new record in 2020, reaching $80.6 billion in equity funding. A new report from research firm CB Insights said the 2020 funding was raised in at least 5,500 deals, with growth seen in North America, Asia and Europe....