Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 billion deal that brings it instant liquidity and avoids the uncertainty of the initial public offering (IPO) process, while leaving it better positioned to take on legacy...
Utah startup WeLink has raised $185 million to roll out its 5G fixed-wireless broadband network in new markets across the United States, the company announced in a Thursday (Jan. 7) press release. Get the Full Story Complete the form to unlock this article and enjoy...
Cloud banking startup Mambu has raised €110 million (nearly $135 million) in a new funding round aimed at financing the company’s global expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. V to file an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cryptocurrency tax automation software startup TaxBit said it has received a new round of funding led by new investors PayPal and Coinbase Ventures, along with existing backer Winklevoss Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Roblox, which offers an online games platform, has raised $520 million in a funding round led Menlo Park, California-based Altimeter Capital and Dragoneer Investment Group. The company said in a press release that the venture round funding values the company at $29.5 billion and that...
Perfect Corp., which works in tech solutions for the beauty field, announced its Series C investment for $50 million, according to a Wednesday (Jan. 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Petco will file its initial public offering (IPO) with a valuation of almost $4 billion, according to a registration statement filed with the Securities and Exchange Commission (SEC) Wednesday (Jan. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Food startup Thistle, which delivers plant-based meals to customers’ homes, is planning a major expansion with a big helping hand from investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
