Electric truck startup Rivian Automotive, which is backed by Amazon, is near to a new funding round which would value it at $25 billion, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Affirm Holdings, Inc. has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a much-anticipated initial public offering (IPO) that could raise as much as $934.8 million, and could result in a total valuation of over $9 billion, according to an...
Divvy, which offers a platform for tracking business expenses, has raised $165 million in a funding round that includes PayPal Ventures as a new investor. This funding round puts Divvy’s valuation at $1.6 billion, the company said in a press release. Get the Full Story...
Numerous brokerages initiated coverage of Airbnb and DoorDash on Monday (Jan. 4), showing the high hopes for those companies’ revenue growth, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
After a banner 2020, the car rental website Turo announced it is planning to pursue an initial public offering (IPO) in 2021, either traditionally or via a merger with a blank-check corporation. Get the Full Story Complete the form to unlock this article and enjoy...
India’s social networking platform ShareChat is close to concluding a Series E funding round led by Google and Snap, TechCrunch reported on Monday (Jan. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Digital banking platform Oxygen has closed a $17 million Series A funding round that included Runa Capital, S7V, 1984.vc, EFG Hermes, Rucker Park and Inventures, the Silicon Valley startup announced in a Monday (Jan. 4) press release. Get the Full Story Complete the form to unlock...
Nasdaq-listed Future FinTech Group said Wednesday (Dec. 30) that it had “closed the registered direct offering” of more than 4.2 million units consisting of “one share of its common stock and a warrant to purchase one share of its common stock, at a purchase price of $1.90 per...
Connected-economy companies led 2020’s surprisingly successful roster of U.S. initial public offerings, with hot firms like Airbnb and DoorDash going public at valuations that collectively topped $120 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
