Investments

Investments
WeTrade Platform’s Nasdaq Transfer From OTC Could Raise $121 Million
January 20, 2021

The Chinese eCommerce services startup WeTrade Group is looking to raise about $121 million in its transfer from the OTC board to Nasdaq, according to the S-1 filed with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock...

Investments
Electric Truck Maker Rivian Gains $2.65 Billion In T. Rowe Price-Led Funding Round
January 19, 2021

Southern California-based electric truck maker Rivian closed a $2.65 billion investment round led by funds and accounts advised by T. Rowe Price, with participation from Fidelity Management and Research, Amazon’s Climate Pledge Fund, Coatue, D1 Capital Partners, and other existing and new investors. Get the Full...

IPO
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
January 19, 2021

The fallout from Ant Group’s failed initial public offering (IPO) continues, as millions of investors have piled out of five mutual funds that had pitched themselves as a way to get onboard as the FinTech went public. Get the Full Story Complete the form to...

Investments
Microsoft Joins $2 Billion Funding Round For Self-Driving Carmaker Cruise
January 19, 2021

Microsoft is participating in a new $2 billion equity funding round for self-driving carmaker Cruise, bringing the startup’s post-money valuation to $30 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Indian Delivery Platform Dunzo Raises $40 Million In Round Led By Google, Lightbox
January 19, 2021

India-based delivery startup Dunzo is closing a $40 million Series E funding round led by Google, Lightbox, Evolvence, Hana Financial Investment, LGT Lightstone Aspada, Alteria, and others, Dunzo said in a statement on Tuesday (Jan. 19), per YourStory.  Get the Full Story Complete the form...

IPO
Digital Greeting Card Startup Moonpig Plans $1.6 Billion London IPO
January 19, 2021

Online greeting card and gifts retailer Moonpig is planning a $1.6 billion initial public offering (IPO) for a listing on the London Stock Exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
FinTech PPRO Raises $180 Million, Hits Unicorn Status
January 19, 2021

London-based payments infrastructure provider PPRO has pulled in new investment amounting to more than $180 million that raises the company’s value above $1 billion, according to a Tuesday (Jan. 19) press release. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching
January 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform’s initial public offering (IPO), Bloomberg reported Monday (Sept. 18), citing anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Singapore FinTech Grab Mulling US IPO Of Up To $2 Billion
January 18, 2021

Singapore-based FinTech Grab is mulling a U.S. initial public offering of at least $2 billion in the wake of failed merger talks with Indonesian rival Gojek. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...