Investments

Investments
X1 Card Raises $12 Million In Funding Round Led By Spark Capital
January 14, 2021

Silicon Valley credit card startup X1 raised $12 million in a funding round led by Spark Capital, a backer of Twitter, Plaid, Slack and Affirm. The round also had participation from Jared Leto and CEOs of known tech brands. Get the Full Story Complete the...

IPO
Petco’s $864 Million IPO Beats Forecasts 
January 14, 2021

Petco raised $864 million in an initial public offering (IPO) scheduled to start trading on Thursday (Jan. 14), Bloomberg reported.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Grab Financial Group Raises $300 Million For Expanded Finance Solutions
January 13, 2021

Southeast Asian FinTech Grab Financial Group announced in a press release that it has raised $300 million in a Series A funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
eWallet Startup MoMo Lands $100 Million From Warburg Pincus, Other Investors
January 13, 2021

Rising eWallet star MoMo is on a roll when it comes to bringing new investors on board. The eWallet firm, Vietnam’s largest, has pulled in $100 million from a group of six investors co-led by Warburg Pincus and Goodwater Capital, Reuters reported on Wednesday (Jan....

IPO
Auto1 Online Car Marketplace Plans To Go Public
January 13, 2021

Berlin-based Auto1 Group said on Wednesday (Jan. 13) that it plans to go public in the first quarter of this year. Auto1 serves both consumers and dealers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Hot Affirm IPO Points To Rising Competition And Demand In BNPL Segment
January 13, 2021

It’s been almost 10 years since PayPal co-founder Max Levchin launched Affirm, but the provider of buy now, pay later (BNPL) installment loans officially joined the ranks of the publicly-traded elite Wednesday (Jan. 13), after strong demand for its initial public offering (IPO) gave it an...

Investments
FinTech Rapyd Closes $300 Million Series D Led By Coatue
January 13, 2021

Business-to-Business FinTech-as-a-Service (FaaS) startup Rapyd has notched $300 million in a Series D funding round led by Coatue and including both new and existing investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Gett Raises $115 Million For On-Demand Business Ride-Hailing Platform
January 12, 2021

Ground travel software company Gett has completed a funding round with $115 million, the company wrote in a blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Affirm IPO Now On Track To Raise More Than $1.1 Billion
January 12, 2021

Affirm, which provides installment payments to online consumers, priced its planned initial public offering (IPO) at $49 per share, higher than its marketed range of $41 to $44 per share, and is on track to raise over $1.1 billion, Bloomberg reported. On Wednesday (Jan. 13),...